The first product of the F brand will be launched within the year and will focus on the off-road segment, according to local media.
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BYD's battery base in Wenzhou has a planned investment of RMB 6.5 billion, with the first production line expected to start production in 2024.
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The price cuts are promotions by some dealers in some areas, and BYD is not considering cutting prices at the moment, a company source said.
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This price cut is sending the signal that stabilizing its existing market share in 2023 may be a more important task than maintaining profit margins for BYD.
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This is BYD's first price cut this year, meaning that keeping market share stable in 2023 may be more important than maintaining profit margins.
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This is BYD's first price cut this year, meaning that keeping market share stable in 2023 may be more important than maintaining profit margins.
The post BYD cuts prices on some models, delivery wait times shortened appeared first on CnEVPost.
For more articles, please visit CnEVPost.
BYD's personalized new brand has an internal code name of "F Brand" and the first model could be an off-road SUV like Great Wall Motor's Tank 300, local media said.
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BYD joins the crowded pickup truck market in China.
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BYD Han EV is one of the best-selling electric cars in China, and the new Han EV will undergo four major upgrades.
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The Xiaomi MS11's fan render images unveiled a lot of its hidden Easter eggs, Let's find them together!
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