Etiqueta: NEV

This is the first of a monthly series about China’s MIIT list that unveils upcoming vehicles long before their official launch. Today, with cars from Baojun, iCar, Leapmotor, Toyota, and Voyah. Huawei is ever-present, supplying motors and software to almost everybody. There’s a truck too, and an H8 motorbike.  What is the MIIT list? Every […]

China uses subsidies extensively to take a leading role in the global markets of green-tech products such as battery electric vehicles and wind turbines. Against the background of the current EU investigations into Chinese subsidies in these sectors, this article takes a careful look at the Chinese subsidy system and provides new data on direct government subsidies to leading Chinese producers of electric cars and wind turbines. Extensive government support has allowed Chinese companies to scale up rapidly, to dominate the Chinese market and to expand into foreign markets. The article concludes that the EU should use its strong bargaining power due to the single market to induce the Chinese government to abandon the most harmful subsidies.

I previous wrote about BYD’s sales transition in China, with the new Sealion 06 poised to replace their previous Song Plus model at Ocean dealerships. As anticipated, the Sealion 06 sales took off in its first month to become BYD’s second best-selling model, the best-selling model in the Sealion family, and one of the best-selling vehicles in China overall. However, new reports of an order backlog indicate limited supply.

The first model to be produced at BYD's Hungarian factory will be the Seagull. Europe's first 1-MW BYD chargers will be deployed next year.

The insider buying comes after reports of BYD trimming its 2025 sales target and its first quarterly profit drop in more than three years.

BYD executives bought about RMB 52.3 million ($7.3 million) worth of BYD A-shares on the Shenzhen stock exchange this month.

BYD, the world’s leading new-energy vehicle (NEV) manufacturer, has used Europe’s largest auto show of 2025 to confirm production plans for the company’s first factory in the region and give a public debut to its Super Hybrid model, the SEAL 6 DM-i TOURING.

Tesla climbed three spots , while Xiaomi EV entered the top 10 NEV sales list for the first time.

BYD has brought the Seal 06 DM-i hybrid sedan to Europe, including its wagon variant, renamed as the Seal 6 DM-i and Seal 6 DM-i Touring respectively.

China’s largest vehicle manufacturer, BYD Auto, has cut its full-year 2025 global sales target by 16% to 4.6 million units.