Etiqueta: ICE

BYD Co Ltd SZSE:002594:

The BYD Seagull is a Swift-sized EV that is a high-quality yet budget-priced offering in its home market, but would it translate into the same thing in NZ?

Over the weekend BYD introduced a refreshed Han, increasing the battery range of the DM-I (PHEV) to 245 km (152 mi), almost doubling the battery range. More than many early BEV’s and enough range to cover typical weekly usage with a couple of charges. In addition, fuel efficiency once the battery is depleted increased to 3.44 l/100 km (68 mpg). On the BEV Han, range increased to 635 km (394 mi) on mainstream models and 705 km (438 mi) on the top spec, up from 605 km and 701 km on previous models.While new product was being launched, China announced significant regulatory changes: in order to qualify for the purchase tax  exemption, PHEVs would need to have a range of at least 100 km (62 mi) and BEVs would have to meet stricter efficiency targets. Several other regulatory announcements, particularly around pricing, and product announcements were also made over the weekend, with more anticipated. Looking at product and regulation together helps to illustrate BYD's overall position in the changing Chinese market, with implications that extend beyond their borders.

Review by Akshay Aggarwal from EVreporter, based on his experience of driving the top variant of BYD eMax 7 for 16,000 kilometers over 6 months.

September saw plugin EVs take 35.5% share of the UK auto market, up from 29.4% year-on-year. BEVs grew in volume by 29% YoY, PHEVs grew 56%.

The BYD Shark plug-in hybrid pickup truck will enter China, according to BYD Group public relations general manager Li Yunfei.

BYD recently announced, as reported in Chinese media, that its 8th Ro-Ro (roll on-roll off car carrier) ship recently departed from the Xiaomo International Logistics Port in Shenzhen, bound for Singapore with over 6,000 vehicles on board. The energy-efficient ship and the expansion of BYD’s export capacity is newsworthy in and of itself. BYD’s cooperation with Shenzhen Port Group to develop green shipping corridors is also significant. However, within the context of Singapore, the shipment has massive implications for this relatively small market. In 2024 BYD sold 6191 vehicles in Singapore. Roughly the size of this one shipment. However, that made them the largest automaker in the country for the year. Not just in EV sales, but in overall vehicle sales, overtaking Toyota. In addition, BYD was already the top selling automaker in the first half of 2025, with 4,667 vehicles representing an 80.4% YoY increase, distancing itself from Toyota in second. Meanwhile, Tesla, once the top EV brand, declined to a few hundred vehicles. Between the new shipment and first half sales, BYD is looking at over 25% of the total Singapore market, even without including 3Q sales.