Etiqueta: Car sales

SHANGHAI (Reuters) -More than 70 Chinese and international automotive brands will showcase more than 100 new or refreshed models at the Shanghai auto show this week, intensifying already cutthroat competition in the world's premier market for electric vehicles and hybrids. Top-selling Chinese brands such as BYD and Geely are expected to take centre stage at the show from April 23 to May 2, while foreign automakers such as Volkswagen, Nissan, Toyota and General Motors' Cadillac brand will also jostle for attention. As a years-long consumer price war in China drags on, next-generation automated-driving features have become the next front in the battle for vehicle sales and profits.

Shanghai auto show will feature smarter models made ‘in China for China’

The Tai 3 is the first model in Fang Cheng Bao's Tai lineup, expanding its product coverage from off-road SUVs to also include family SUVs.

China is tightening regulations on battery-powered vehicles and will require its automakers to comply with higher battery safety standards, aiming to reduce risks of fire and explosions in the fast-growing sector.

When Chinese automaker BYD Co. announced plans to build a massive factory in the hardscrabble city of Camacari, in Brazil’s northeastern Bahia state, locals saw a new beginning. After years of economic stagnation following Ford Motor Co.'s exit from the region in 2021, there was hope that the global leader in electric vehicles would bring back well-paying jobs and a brighter future. Brazil, the world’s sixth-largest auto market, is seeing a surge in EV sales—and BYD is leading the charge.

Last year, BYD sold over 4.2 million cars worldwide, with over 90% of those sales occurring in China. And it doesn’t look like the company is resting on its laurels, for it has just launched its high-end Denza brand in Europe.

The Tai 3 is the first model in Fang Cheng Bao's Tai lineup, with a pre-sales starting price of RMB 139,800 ($19,040).

Both the Han L and Tang L are priced below the pre-sales prices, and they can get up to 400 km of range on a five-minute charge.

BYD sales reached a new record in the United Kingdom with nearly 6,500 vehicles sold in March. Figures represent a new record since the Shenzhen-based carmaker arrived in the UK two years ago and a…