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BYD's quarterly profit falls for first time in 3-1/2 years as price wars bite
BYD

BYD’s quarterly profit falls for first time in 3-1/2 years as...

Automundo China - 0
BEIJING (Reuters) -Chinese electric vehicle maker BYD's quarterly profit fell for the first time in more than three years, as its expansion hit a speed bump amid a government campaign against price wars. Net profit at the world's biggest EV producer totalled 6.4 billion yuan ($894.74 million) in the second quarter, it reported on Friday, down 29.9% from a year earlier, after rising 100.4% in the first quarter. The biggest Chinese rival to Tesla has faced challenges in recent months as Chinese authorities have called for a halt to a bruising price war in China that has pressured profit margins across the entire industry.
Nio’s Onvo achieves record August deliveries, unveils seven-seater L90 at Chengdu Auto Show
EV

Nio’s Onvo achieves record August deliveries, unveils seven-seater L90 at Chengdu...

Automundo China - 0

Although there are still two days left in August, Onvo's deliveries this month have already surpassed its historical best performance.

The post Nio’s Onvo achieves record August deliveries, unveils seven-seater L90 at Chengdu Auto Show appeared first on CarNewsChina.com.

European EV sales up 26% in July, BYD ahead of Tesla
BYD

European EV sales up 26% in July, BYD ahead of Tesla

Automundo China - 0
Year-to-date, 1,011,903 new battery-electric cars were registered, capturing 15.6% of the EU market share,  an increase from the low baseline of 12.5% in July 2024.
All-new MG4 EV launches under 10,000 USD, semi-solid-state battery pricing due next month
EV

All-new MG4 EV launches under 10,000 USD, semi-solid-state battery pricing due...

Automundo China - 0

All-new MG4 EV just launched with a price under 10,000 USD.

The post All-new MG4 EV launches under 10,000 USD, semi-solid-state battery pricing due next month appeared first on CarNewsChina.com.

BYD cuts Qin L EV price, adds new variant to boost electric sedan's appeal
BYD

BYD cuts Qin L EV price, adds new variant to boost...

Automundo China - 0
BYD has reduced the price of its Qin L EV by RMB 10,000 ($1,400) and introduced a new variant equipped with the DiSus-C body control system.
Nio got rid of 75 kWh battery in China switching to 100 kWh pack as standard
EV

Nio got rid of 75 kWh battery in China switching to...

Automundo China - 0

Nio officially announced a switch to offering 100 kWh batteries as standard for its whole lineup at the Chengdu Auto Show 2025.

The post Nio got rid of 75 kWh battery in China switching to 100 kWh pack as standard appeared first on CarNewsChina.com.

2026 Voyah Dream with tank turn and 5C charging starts pre-sale at 54,500 USD
EV

2026 Voyah Dream with tank turn and 5C charging starts pre-sale...

Automundo China - 0

The 2026 Voyah Dream has the world's longest CLTC pure electric range of 350 km as a plug-in hybrid MPV, official says.

The post 2026 Voyah Dream with tank turn and 5C charging starts pre-sale at 54,500 USD appeared first on CarNewsChina.com.

BYD’s Opportunity to Establish Brand Preference in the Developing World
BYD

BYD’s Opportunity to Establish Brand Preference in the Developing World

Automundo China - 0
It may be easy to dismiss initial numbers in emerging markets as being relatively small in quantity and purchasing power. But those markets are developing as the people within them develop. Establishing brand preference and tying the brand to the economic emergence of these countries has an impact that extends far beyond monthly sales rankings. Electric vehicles are the future, and BYD can make their brand most associated with that future. The opportunity exists to establish long-lasting brand preference that can span generations, if BYD can take advantage of it.
Zeekr 9X PHEV with the largest battery started presales in China for 67,080 USD
AutoShows

Zeekr 9X PHEV with the largest battery started presales in China...

Automundo China - 0
The Zeekr 9X plug-in hybrid SUV from Geely, with the world’s largest battery, began presales in China with a starting price of 67,080 USD.
Xiaomi SU7 Ultra Nürburgring Limited Edition makes physical debut at Chengdu Auto Show
EV

Xiaomi SU7 Ultra Nürburgring Limited Edition makes physical debut at Chengdu...

Automundo China - 0

The Xiaomi SU7 Ultra Nürburgring Limited Edition is priced at 113,300 USD and permanently limited to a total of 100 units.

The post Xiaomi SU7 Ultra Nürburgring Limited Edition makes physical debut at Chengdu Auto Show appeared first on CarNewsChina.com.

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