Etiqueta: BYD

The pre-sales price range for the BYD Seal 06 EV is RMB 120,000 ($16,670) to RMB 150,000.

The Chinese automaking giant sold 382,476 vehicles last month, according to a statement Sunday. Of those, passenger cars were 376,930.

‘Kei’ car launch next year by China’s leading electric vehicle maker seen as ‘black ship’ moment for country

China’s automobile industry association warned against “vicious competition,” days after BYD Co.’s price cuts fueled market concerns of a discount war that would further weigh on profits of electric carmakers.

A top industry group had a stern rebuke Saturday for automakers fuelling a "price war", a week after Chinese EV giant BYD announced sweeping trade-in discounts, with multiple competitors following suit.Days later, Stellantis-backed Chinese EV startup Leapmotor announced similar discounts on two "entry-level" models through June 8.

Toyota's partnership with BYD on the China-exclusive bZ5 electric crossover demonstrates Toyota's strategic effort to understand BYD's cost-effective EV production, offering a competitively priced vehicle that could potentially succeed in the US.

The Japanese carmaker’s road as a standalone company may soon run out