The price war for power batteries is intensifying, with the world's two largest battery makers reportedly pushing battery costs down further.
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The BYD Sea Lion 07 will be available in single- and dual-motor versions and support a top speed of 225 km/h.
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The BYD Sea Lion 07 is a fastback SUV with 4WD and up to 390 kW. To hit Chinese market this year with a price range of 28,150 – 36,580 USD.
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BYD Explorer No.1 will be open to partners while serving BYD in the future, the NEV maker said.
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The YangWang U7 sedan applied for the sales license in China with four e-motors. The EQS competitor with a price of 140,000 USD.
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The Yangwang U7 is powered by four motors, each with a peak power of 240 kW.
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BYD has held discussions with Sigma Lithium about a possible supply agreement, joint venture or acquisition, an executive at the NEV maker said, according to the Financial Times.
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BYD will supply EURO-2024 tournament with electric vehicles in Germany this summer. It replaced Volkswagen.
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European Commission investigators will come to inspect Chinese carmakers in the coming weeks as part of an investigation into whether to impose punitive tariffs to protect Europe's EV makers, Reuters reported.
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The YangWang U7 is a 1,000-hp beast with the length of over 5.2 meter. It is larger than the Mercedes EQS.
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