BYD sold 90,639 pure electric passenger vehicles and 101,025 plug-in hybrid passenger vehicles in February.
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Category: BYD
Deliveries of the Denza D9 EV began last week, with an executive saying at the time that the Denza received more than 10,000 new orders in February.
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Vehicle insurance registrations for many NEV companies continued to rebound last week, with Tesla registering significant growth.
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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.
The post BYD cuts prices for the first time in 2023 by as high as 2,800 USD in China appeared first on CarNewsChina.com.
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.
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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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