Etiqueta: li auto

US brands like Rivian and Lucid benefit from significant external funding

Chinese electric vehicle maker BYD is set to release a model that will be able to drive up to 400 kilometres after just five minutes of charging, though experts warn of infrastructure challenges.

BYD's car sales target for 2025 is 5.5 million units, including more than 800,000 in overseas markets, according to local media.

The Chinese EV maker topped Tesla in total revenue last year as it builds its home-market lead

Hang Seng Index opened higher today, gaining 59 points or 0.25%, to reach 23,749 points. The National Enterprises Index rose by 28 points or 0.32%, settling at 8,770 points, while the Technology Index increased by 25 points or 0.44%, to stand at 5,664 points.

While it remains a leader in China’s crowded field of NEVs, Li Auto faces growing competition from rivals that are quickly catching up

Denza, BYD’s premium brand, has launched the N9 SUV, positioning it as a direct competitor to luxury models from Mercedes and BMW.

China's biggest electric vehicle (EV) maker BYD launched its most expensive model under its Denza brand to challenge BMW and Mercedes-Benz in the luxury segment as competition in the world's largest auto market intensifies. The Denza unit on Friday unveiled the six-seat SUV called Denza N9, priced at 389,800 (US$60,860) to 449,800 yuan, which is available in plug-in hybrid and pure-battery versions. Denza also sells D9 MPV, which was rolled out in 2022 and priced from 339,800 yuan. The SUV will

The N9 starts from 389,800 (US$60,860), equipped with BYD’s autonomous driving systems and can support on-vehicle drone systems.