Song family models priced around RMB 150,000 contributed 27 percent of BYD's total passenger car sales in February.
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"Even if we exclude these one-time headwinds, vehicle of margin of 13.5% would have been a miss and lowest since 2Q20," Deutsche Bank said.
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Also FSD wasn't involved
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Jetour Traveller launched in China. Combines coolness with four-wheel drive and turbocharged engines.
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NIO today announced its fourth-quarter earnings results and its management held an analyst call afterward.
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Geely's Design VP worked 20 years for Changan before. Geely denies any copyright infringement.
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BYD sold 90,639 pure electric passenger vehicles and 101,025 plug-in hybrid passenger vehicles in February.
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That delivery volume included 5,037 SUVs, and 7,120 sedans.
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NIO's vehicle margin was negatively impacted by 6.7 percentage points in the fourth quarter due to accelerated depreciation of production facilities and the loss of purchase commitments for older models.
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Zeekr's Ningbo plant was shut down for 21 days around the Chinese New Year holiday and resumed production on February 1.
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