Category: BYD

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BYD China Denza Denza N7 Electric eMobility eV

Denza N7 expected to get over 30,000 orders before mid-year launch, exec says

Denza will announce the appearance of another SUV N8 in the near future, and Denza D9 MPV will next be sold in other regions including Hong Kong, Macau, Europe.

(Image credit: Denza)

's premium new energy vehicle (NEV) brand Denza began intensive warm-up for the Denza N7 SUV earlier this month, and now an executive has expressed optimism for the model's future sales performance.

Denza N7 has inspired much enthusiasm, and with the announcement of Denza's partnership with French high-end audio brand Devialet on March 22, there were many customers inquiring every day, Zhao Changjiang, general manager of Denza's sales division, said on Weibo yesterday.

Many people want to get the Denza N7 launched as soon as possible, and according to the inquiry volume data, the model is expected to get 30,000 orders before its launch in the middle of the year, Zhao said.

Zhao said in February that the Denza N7 would be released in the first half of this year.

On March 6, Denza unveiled official exterior images of the Denza N7 on Weibo, showing that the model restores much of the design of the brand's concept car INCEPTION, which was unveiled at the Chengdu auto show on August 26, 2022.

On March 9, the Denza N7 appeared in a regulatory filing list, and its key specifications were revealed.

The Denza N7 has a length, width and height of 4,860 mm, 1,935 mm and 1,602 mm respectively, and a wheelbase of 2,940 mm, according to the filing.

The model will be available in a single-motor version as well as a dual-motor version, with the former having a peak motor power of 230 kW and the latter having an additional motor with a peak power of 160 kW.

On December 20 last year, Zhao shared six spy photos of the SUV on Weibo, showing what the model might look like.

In the comments section of that Weibo, Zhao said the SUV aims to capture the market for traditional internal combustion engine cars priced around 400,000 yuan ($58,140).

In addition to mentioning his expectation of orders for the Denza N7 before its launch, Zhao also mentioned on Weibo yesterday that Denza will announce the look of another SUV, the N8, in the near future.

The Denza D9 has already been shown at the Thailand motor show and the MPV will be sold next in other regions including Hong Kong, Macau, and Europe for RMB 600,000-1 million, he said.

($1 = RMB 6.8801)

Regulatory filing: Here are core specs for BYD's Denza brand's new SUV, Denza N7

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BYD China Denza Denza N7 Electric Electric cars eMobility eV

BYD’s Denza aims to sell 10,000 N7 electric SUVs monthly, interior unveiled

Denza N7 is the hottest EV in China right now. Mercedes owns 10% of Denza, BYD 90%.

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BYD China Electric Electric cars eMobility eV Yangwang Yangwang U8

BYD’s YangWang U8 electric SUV spotted in the streets of Shanghai without camo

$110,000 off-road SUV that can drive sideways will have public debut in April.

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BYD BYD Atto 3 BYD Yuan Plus China Electric Electric cars eMobility eV thailand

BYD delivered 12,000 Atto 3 EVs in Thailand

BYD Atto 3 launched in Thailand in October last year

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BYD China Deliveries Electric eMobility eV EV Data Insurance Registrations Li Auto Neta Nio Tesla Weekly Data XPeng

China NEV insurance registrations for week ending Mar 19: BYD 38,414, Tesla 18,712, NIO 1,775

Insurance registrations for China's NEVs were 113,000 last week, up from 108,000 the week before.

Insurance registrations for new energy vehicles (NEVs) in China increased last week compared to the previous week, with a mixed performance from major EV makers.

From March 13 to March 19, insurance registrations for all passenger vehicles in China were 321,000 units, up from 308,000 units the previous week, according to figures shared by several car bloggers on Weibo.

Insurance registrations for NEVs were 113,000 last week, up from 108,000 the week before.

(OTCMKTS: BYDDY) vehicles continued to see the most insurance registrations, with 38,414 last week, up from 37,141 the previous week.

(NASDAQ: TSLA) vehicles saw 18,712 insurance registrations last week, up from 17,032 the week before.

was 1,775 vehicles last week, down from 2,170 the week before.

NIO guided for first-quarter deliveries between 31,000 and 33,000 units earlier this month, meaning March deliveries are expected to be between 10,337 and 12,337 units.

The company's insurance registrations for the first week of March, which included February 27 and February 28, were 3,345 units.

(NASDAQ: LI) vehicles registered 5,438 insurance units last week, up from 4,243 the previous week.

(NYSE: XPEV) had 1,296 vehicles last week, down from 1,635 the week before.

posted 914 units last week, down from 1,043 units the previous week.

China NEV insurance registrations for week ending Mar 12: BYD 37,141, Tesla 17,032, NIO 2,170

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BYD BYD Global BYD Uzbekistan China Electric eMobility eV

BYD makes brand debut in Uzbekistan, starts local pre-sales of 3 models

introduced three models in Uzbekistan and its three pioneering stores in Tashkent will open in March.  |  BYDDY.US | BYD HK

(Image credit: BYD)

BYD (OTCMKTS: BYDDY) made its brand debut in Uzbekistan and introduced three models to local consumers, as the largest Chinese manufacturer of new energy vehicles (NEVs) continues to advance its efforts in the international market.

BYD held a brand debut and product pre-sale event in Uzbekistan on March 16, and several of its local dealership stores are set to open this month, according to a press release Friday.

BYD introduced three models at the event, including the Han EV, an all-electric sedan; the Song Plus DM-i, a hybrid model; and the hybrid Chazor DM-i, known as the Destroyer 05 in China.

Uzbekistan, the largest automotive market in Central Asia, is transitioning toward vehicle electrification, and BYD will bring industry-leading blade battery and DM-i super hybrid technology to local consumers, the release said.

Three pioneering BYD stores in Uzbekistan's capital Tashkent will open in March: a BYD flagship store and technology museum, a comprehensive BYD brand experience center and a BYD city showroom.

It is worth noting that BYD has already made some previous moves to pave the way for its long-term growth in Uzbekistan.

In February 2022, BYD and Uzavtosanoat JSC (UzAuto) signed a mutual memorandum of understanding, agreeing to study the feasibility of joint production of electric passenger cars and electric buses in the Central Asian country.

UzAuto, established in 1994, is the largest and only car manufacturer in Central Asia with a complete automotive industry footprint and an extensive local and inter-regional sales network and after-sales service system.

On December 30, 2022, BYD announced that it had signed an agreement with UzAuto to establish a joint venture that will focus on the production of NEVs and their components.

The joint venture will be based in Uzbekistan and will focus on the future production of several of BYD's best-selling NEV models, including the DM-i Super Hybrid, and related components, according to a BYD press release at the time.

BYD, the world's largest maker of NEVs, sold 193,655 vehicles in February, up 27.96 percent from 151,341 units in January and up 119.36 percent from 88,283 units in the same month last year, according to figures it announced earlier this month.

In February, BYD sold 15,002 NEVs in overseas markets, up 44.13 percent from 10,409 units in January.

In addition to announcing its business progress in Uzbekistan, BYD also announced on Friday that it entered into a partnership with UAE dealer Al-Futtaim on March 15.

NIO's global expansion: Demands of under-the-radar owners underscore urgency

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Baojun BYD Chery China Electric Electric cars eMobility eV ICE Report SGMW

2022 Chinese auto brand quality ranking, Chery Jetour and SGMW Baojun are among the worst

Can you guess the best quality brand?

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BYD BYD Han EV BYD Qin Plus BYD Tang China Electric Electric cars eMobility eV Quick News

The 2023 BYD Han EV launched for 30,400 USD and received 5000 orders in 24 hours

2023 Han EV has been upgraded in terms of aluminum alloy suspension, intelligence and comfort. BYD also launched 2023 Tang DM-i PHEV.

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BYD BYD Bus BYD Global BYD Indonesia China Electric eMobility eV

BYD delivers 22 electric buses in Indonesia

This is the second batch of electric buses delivered by in Indonesia after it delivered 30 in the country a year ago.  | BYDDY.US | BYD HK

(Image credit: BYD)

BYD has delivered a new batch of electric buses in Indonesia, the second batch delivered there by the Chinese new energy vehicle (NEV) maker.

VKTR Group, a BYD electric bus distributor in Indonesia, recently delivered 22 electric buses, the K9, to local bus company Mayasari, according to a press release from the NEV maker today.

The electric buses will be put into operation on the Transjakarta bus rapid transit system, helping Indonesia achieve its goal of electrifying public transportation nationwide by 2030, BYD said.

This is the second order BYD has delivered in Indonesia, representing the NEV maker's continued effort in the Indonesian market, said Tian Chunlong, general manager of BYD's commercial vehicle operations division, at the delivery ceremony.

In 2022, BYD and its Indonesian partner VKTR Group announced a partnership with Tri Sakti, a local bus assembly plant.

On March 8, 2022, the first 30 BYD buses were delivered to Transjakarta, a bus operator in Jakarta, which were the first all-electric buses to be put into operation in Indonesia.

Up to now, BYD has promoted electric public transportation systems in more than 70 countries and regions and 400 cities around the world, according to the press release.

BYD sold 1,863,494 NEVs in 2022, making it the world's largest player in the segment. Those NEVs include 1,857,379 passenger cars and 6,115 commercial vehicles, according to data monitored by CnEVPost.

The company sold 1,177 and 1,991 new energy commercial vehicles in January and February, respectively, up 386.36 percent and 145.8 percent year-on-year, respectively.

BYD plans to launch new commercial vehicle models in markets such as China, Europe and Japan over the next three years, the Wall Street Journal said on March 8, citing people familiar with the company's plans.

The company has set a budget of more than $20 billion for its commercial vehicle division through 2025, with major spending planned for research, product development and capacity expansion, the people said.

BYD reportedly planning big push for battery electric commercial vehicles

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BYD BYD Team China Electric eMobility eV

BYD adjusts organizational structure to prepare for higher sales, report says

's biggest organizational change so far this year is to let its car brands operate independently, according to local media.  |  BYDDY.US | BYD HK

(Image credit: CnEVPost)

BYD (OTCMKTS: BYDDY) is restructuring its organization to prepare it for further growth in sales, a new report said.

BYD's biggest organizational change so far this year is to make its car brands operate independently, according to a report by local media outlet 36kr today.

The restructuring starts with BYD's core R&D department, and its engineering institute is planning to set up several separate divisions to cover its product lineup, including Dynasty, Ocean and Denza, according to the report.

All of BYD's sub-brands will have a separate engineering institute, the report said, citing a source.

R&D, operations and product development for all BYD brands are conducted at BYD's engineering institute, and now, in addition to R&D continuing in that department, sub-brands' projects, operations and products will be handled by independent engineering institutes, according to the report.

The organizational restructuring began at the beginning of the year, and key positions in each brand's research institute are now in place.

The heads of BYD's Dynasty and Ocean series' research institutes are basically the directors of their respective models, and the head of the research institute for Denza is the brand's former CEO Wang Fengyi, the report said.

BYD has two automotive R&D departments -- the engineering institute and the planning -- institute -- the former responsible for vehicle engineering technology, model projects and operations, and the latter like a technology provider responsible for DM-i hybrid technology, intelligent cockpit and intelligent driving R&D, according to the report.

Automakers' consideration for implementing independent institutes is usually the desire for clearer responsibility, more flexibility in the operation of each brand, and a heightened sense of competition among different brands, the report said, citing an industry source.

BYD's "family culture" and its previous first value of "equality" have led to a relatively slow pace of operations, the report said, citing several employees of the new energy vehicle (NEV) maker.

As BYD's sales increase dramatically starting in 2022, the company has implemented measures to improve efficiency.

However, for improving efficiency, organizational changes are fundamentally needed, the report said, adding that the establishment of independent research institutes for each brand is a signal that BYD wants to strengthen resource integration and improve operational efficiency.

BYD's planning institute's structure is also being adjusted to begin unifying the management of smart driving R&D tasks, after several departments of the NEV maker had R&D for autonomous driving projects, according to the report.

BYD's full-year 2020 NEV sales were 189,689 units, and that number grew to 603,783 in 2021, an increase of 218.3 percent.

In 2022, BYD's NEV sales growth accelerated significantly, seeing monthly sales exceed 100,000 units for the first time in March, when BYD announced that it stopped production and sales of vehicles powered entirely by internal combustion engines.

For the full year 2022, BYD's NEV sales were 1,863,494 units, up 208.64 percent year-on-year.

BYD launches new Han sedan and Tang SUV with lower prices

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