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BYD BYD Seal BYD Song China Electric eMobility eV Price Change Price Cut Tesla

BYD offers discounts for Song and Seal as China’s auto price war intensifies

Consumers who order 's Song Plus lineup this month will receive a discount of RMB 6,800, or RMB 8,800 for the Seal.

(Image from BYD's Weibo)

As the price war intensifies in China's auto industry, BYD has also started offering discounts for its two models, even though the official prices remain unchanged.

Starting tomorrow, consumers who order BYD's Song Plus lineup can get a discount of RMB 6,800 ($980), or RMB 8,800 for the Seal, according to a BYD Weibo post today.

This is a limited-time marketing campaign valid from March 10 to March 31, BYD said.

BYD did not provide more details, but the Song family, as well as the Seal, are among its best-selling models.

BYD sold 193,655 new energy vehicles (NEVs) in February, including 191,664 passenger cars and 1,991 commercial vehicles, the company said in figures released on March 1.

Song family models sold 52,400 units in February, BYD's highest sales in the month, contributing 27 percent of all its passenger car sales.

Song family models include the hybrid Song Pro and Song Max, both of which are part of BYD's Dynasty lineup.

The family also includes the hybrid Song Plus DM-i and the all-electric Song Plus EV, which are part of BYD's Ocean series.

BYD announced today that the offer is limited to these two Song models in the Ocean series, as well as the Seal.

BYD's Seal sold 7,754 units in February, which was up 17.17 percent from 5,043 units in January. The model went on sale on July 29, 2022.

Since the end of last year, several EV makers have cut prices, including and (NYSE: XPEV).

Earlier this month, authorities in central China's Hubei province joined forces with a number of local car companies to offer subsidies for consumers to purchase vehicles, with some models offering subsidies of up to RMB 90,000, marking the open entry of fuel models into the price war.

The first to participate are the Dongfeng Motor family of brands, including Dongfeng Honda, Dongfeng Nissan, Dongfeng Citroen, Dongfeng Peugeot and Dongfeng Aeolus, with the Dongfeng Citroen C6 offering a combined subsidy of up to RMB 90,000.

($1 = RMB 6.962)

Automakers in central China's Hubei offer hefty subsidies as sales pressure mounts

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BYD BYD Song China CPCA CPCA Ranking Electric eMobility eV EV Data Monthly Data NIO ET5 Tesla Tesla Model 3 Tesla Model Y

Tesla Model Y ranks No. 2 in top-selling SUVs in China in Feb

Song was the best-selling SUV in China in February with 51,592 retail sales, and the Model Y ranked No. 2 with 25,526 units.

TSLA.US

The (NASDAQ: TSLA) Model Y was the No. 2 best-selling SUV in China in February, with the BYD (OTCMKTS: BYDDY) Song taking the top spot by a significant margin.

Model Y retail sales in China in February were 25,526 units, up 37.3 percent from 18,593 units a year ago, according to data released today by the China Passenger Car Association (CPCA).

That puts the Tesla SUV at No. 2 on the list of best-selling SUVs in China, according to the CPCA's list.

The BYD Song topped the list with 51,592 retail sales in February, up 110.3 percent from 24,532 units in the same month last year.

BYD Yuan Plus retail sales in February were 20,279 units, up 349.1 percent from 4,515 units in the same month last year, and ranked third on the list.

In January-February, BYD Song retail sales were 101,301 units, up 115.6 percent year-on-year, making it the best-selling SUV in China for the first two months.

The Tesla Model Y came in second on the list with 39,710 units in the same period, up 13.6 percent year-on-year, and the Changan CS75 came in third with 35,030 units.

Notably, this is the first time the CPCA has not placed the Model Y in the ranking of high-end SUV sales with a starting price above 300,000 yuan ($43,080).

In the CPCA's previous lists, the Model Y has appeared in the premium SUV sales rankings, even though its starting price has been below RMB 300,000 after two major price cuts.

Tesla Model 3 sales in February were 8,397 units, up 82.3 percent from 4,607 units a year ago, according to the CPCA.

This puts the Model 3 at No. 7 among the best-selling new energy sedans in February.

The BYD Qin was the best-selling new energy sedan in February, with the NIO ET5 ranking 10th on the list with 6,471 units sold.

In January-February, the Tesla Model 3 retailed 21,056 units in China, placing it at No. 6 on the list of best-selling new energy sedans.

The ET5 sold 12,266 units in January-February, ranking No. 9 on the list.

($1 = 6.9661 RMB)

NIO ET5 drops 1 spot in ranking of top-selling premium sedans in China

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BYD BYD Song China CPCA CPCA Ranking Electric eMobility eV EV Data Monthly Data NIO ET5 Tesla Tesla Model 3 Tesla Model Y Top EVs

Tesla Model Y ranks No. 2 in top-selling SUVs in China in Feb

Song was the best-selling SUV in China in February with 51,592 retail sales, and the Model Y ranked No. 2 with 25,526 units.

TSLA.US

The (NASDAQ: TSLA) Model Y was the No. 2 best-selling SUV in China in February, with the BYD (OTCMKTS: BYDDY) Song taking the top spot by a significant margin.

Model Y retail sales in China in February were 25,526 units, up 37.3 percent from 18,593 units a year ago, according to data released today by the China Passenger Car Association (CPCA).

That puts the Tesla SUV at No. 2 on the list of best-selling SUVs in China, according to the CPCA's list.

The BYD Song topped the list with 51,592 retail sales in February, up 110.3 percent from 24,532 units in the same month last year.

BYD Yuan Plus retail sales in February were 20,279 units, up 349.1 percent from 4,515 units in the same month last year, and ranked third on the list.

In January-February, BYD Song retail sales were 101,301 units, up 115.6 percent year-on-year, making it the best-selling SUV in China for the first two months.

The Tesla Model Y came in second on the list with 39,710 units in the same period, up 13.6 percent year-on-year, and the Changan CS75 came in third with 35,030 units.

Notably, this is the first time the CPCA has not placed the Model Y in the ranking of high-end SUV sales with a starting price above 300,000 yuan ($43,080).

In the CPCA's previous lists, the Model Y has appeared in the premium SUV sales rankings, even though its starting price has been below RMB 300,000 after two major price cuts.

Tesla Model 3 sales in February were 8,397 units, up 82.3 percent from 4,607 units a year ago, according to the CPCA.

This puts the Model 3 at No. 7 among the best-selling new energy sedans in February.

The BYD Qin was the best-selling new energy sedan in February, with the NIO ET5 ranking 10th on the list with 6,471 units sold.

In January-February, the Tesla Model 3 retailed 21,056 units in China, placing it at No. 6 on the list of best-selling new energy sedans.

The ET5 sold 12,266 units in January-February, ranking No. 9 on the list.

($1 = 6.9661 RMB)

NIO ET5 drops 1 spot in ranking of top-selling premium sedans in China

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China Electric eMobility eV Regulatory Filing Tesla XPeng XPeng G6

Regulatory filing: Here’s what XPeng G6 SUV looks like and core specs

Previous reports suggested that the new new SUV would start at RMB 200,000-250,000 and is expected to be unveiled at this year's Shanghai auto show.

XPEV.US | 9868.HK

The latest regulatory filings reveal XPeng's (NYSE: XPEV) new SUV, which is expected to be released in a few months, as the electric vehicle (EV) maker looks to accelerate its new product launches this year.

China's Ministry of Industry and Information Technology (MIIT) today announced the latest batch of models that will be allowed to be sold in China, and XPeng's new SUV, the G6, is included in the list.

The public can submit feedback on the list between March 9 and March 15. Entry into the catalog is the last major regulatory process before a model is allowed to be sold in China.

There are three versions of the XPeng G6 in the catalog, including two single-motor versions and one dual-motor version.

One of the two single-motor versions will be powered by a lithium iron phosphate battery pack, while the other single-motor version and the dual-motor version will both be powered by the more costly ternary lithium batteries.

The XPeng G6 has a length, width and height of 4,753 mm, 1,920 mm and 1,650 mm, respectively, and a wheelbase of 2,890 mm, according to these filing pages.

The model appears to be the one previously mentioned by XPeng management to compete with 's (NASDAQ: TSLA) Model Y, which measures 4,750 mm in length, 1,921 mm in width, 1,624 mm in height and has a wheelbase of 2,890 mm.

Both single-motor versions of the XPeng G6 are equipped with a motor with 218 kW peak power, while the dual-motor version has an additional 140 kW peak power motor.

All three versions of the XPeng G6 will be equipped with battery cells supplied by 's local competitor CALB, and the battery packs will be manufactured at XPeng's plant in Wuhan, Hubei.

XPeng management said during an earnings call on August 23, 2022 that the company will release a B-segment vehicle in the first half of 2023 that will compete with the Tesla Model Y.

The model was previously seen as possibly being named the G7 or G5, although spy photos shared by some local media last month showed that it will be called the G6.

XPeng chairman and CEO He Xiaopeng said in a January 28 internal all-staff letter that the company will release two new models and revamp three existing older models in 2023, with a goal of delivering 200,000 vehicles for the year, according to a previous report by LatePost.

That report said at the time that the new XPeng SUV would start at RMB 200,000 ($28,680)-250,000 and was expected to be unveiled at this year's Shanghai auto show.

XPeng's current models on sale include the G3i, P5, P7 and G9, and the company has officially unveiled the P7i, a facelift of the P7, on March 6, but not the price. Earlier today, a media report said that XPeng may officially let the P7i go on sale and announce the price on March 10.

($1 = RMB 6.9711)

XPeng aims to deliver 200,000 vehicles in 2023, report says

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China Electric eMobility eV Regulatory Filing Tesla Tesla Model Y

Regulatory filing: Tesla removing radars from China-made Model Y

In most parts of the world, the Model 3 and Model Y are already based on the camera-only Vision solution.

TSLA.US

Tesla is removing all the radars from the China-made Model Y crossover, following its practice in the US market.

China's Ministry of Industry and Information Technology today released several documents, including a list of models that will be allowed to be sold in China, as well as change filings for some existing models, with the China-made Model Y included in the latter.

The public can submit feedback on these documents between March 9 and March 15 if they have comments.

Four models of Tesla -- TSL6480BEVAR0, TSL6480BEVAR2, TSL6480BEVBA4 and TSL6480BEVBA5 -- entered the change declaration catalog.

Their pages do not show Model Y, but previous information shows that all four model numbers are the crossover.

These four models of Tesla have added the expression "no radar" to their changed parameter values, according to their filing pages.

Tesla previously announced that it was beginning the transition to Tesla Vision by removing the radars from the Model 3 and Model Y, and plans to remove the device from the Model S and Model X as well.

Today, in most parts of the world, the Model 3 and Model Y are already based on the camera-only Tesla Vision solution.

The ultrasonic radars that are being removed by Tesla are typically placed on the front and rear bumpers or on the side of the vehicle to measure the distance of the vehicle from obstructions to help in scenarios including parking.

Tesla has a factory in Shanghai that makes the Model 3 sedan and Model Y. Tesla doesn't appear to have plans to remove the radar from the Model 3 for now, as it would need to declare it if it wants to do so.

Chinese consumers typically prefer roomier SUVs when buying cars, making the Model Y a popular choice in the country.

The Model Y sold 315,314 units at retail in China in full-year 2022, placing it No. 1 in the ranking of high-end SUV sales with a starting price above RMB 300,000 ($43,050), according to a list published by the China Passenger Car Association (CPCA) on January 11.

In February, Tesla delivered 33,923 vehicles in China and exported 40,479 units from its Shanghai plant, according to the CPCA data released yesterday. Model 3 and Model Y sales breakdowns in China in February are currently unavailable.

On March 1, Tesla announced that the elastic and damping members in the suspension system of the China-made Model Y have been optimized to reduce bumps at low speeds and allow for a more stable ride at high speeds.

Giga Shanghai's Model Ys produced since January 1, 2023, are equipped with the updated suspension system, Tesla said.

($1 = 6.9688 RMB)

Tesla delivers 33,923 vehicles in China in Feb, exports 40,479 from Shanghai plant

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Crossover Electric Government/Legal Green Luxury Recalls Safety SUV Tesla

Tesla Model Y under investigation for steering wheels falling off

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Tesla could begin producing electric cars in Mexico next year

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Car Buying Crossover Electric Green Sedan SUV Tesla

Tesla Model S and X prices slashed for the second time this year

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Electric Green Plants/Manufacturing Tesla

Musk sees refining as the lithium problem, so Tesla plans to begin doing it

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Car Dealers Electric Government/Legal Green Tesla

New Mississippi bill limits EV sales to franchise system

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New Mississippi bill limits EV sales to franchise system originally appeared on Autoblog on Fri, 3 Mar 2023 09:45:00 EST. Please see our terms for use of feeds.

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