BYD's sales targets for the Dynasty series in 2024 are 1.7 million units and the Ocean series 1.6 million units, representing year-on-year growth of 13.9 percent and 15.7 percent, respectively, according to local media.
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Denza has launched the updated N7, lowering the price significantly in an attempt to once again attract potential Tesla Model Y customers.
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The Yangwang brand delivered 1,090 vehicles in March, while Fang Cheng Bao delivered 3,550 units.
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BYD sold 139,902 passenger BEVs and 161,729 PHEVs in March.
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BYD Yuan UP's price starts at 13,400 USD and offers 301 km & 401 km cruising ranges.
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BYD announced the plan at the ongoing Bangkok auto show, where its full range of brands including BYD, Yangwang, Fang Cheng Bao and Denza are participating.
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BYD has slowed down plans to start construction of an EV plant in Vietnam due to its strategy and a slowdown in the EV market, Reuters reported.
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BYD Qin L fully exposed in the wild and likely to launch soon. New PHEV sedan is bigger than Qin Plus and may show at the Beijing Auto Show.
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In 2024, BYD's full-year sales are expected to grow more than 20 percent from 2023, with overseas sales targeted at 500,000 units, Wang Chuanfu said.
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BYD Yuan UP, a compact SUV that comes with luxury level comfort
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