Etiqueta: Song L

Updating a core model like the Song is one way BYD is trying to steady volumes at home.

The Song Ultra EV will be BYD's Dynasty lineup's first B-class pure electric SUV.

BYD achieved over 200% year-on-year growth in Europe during most months of 2025, whereas Tesla saw declines in every single month.

The global electric vehicle (EV) market will crown two models as 2025 market leaders. While a Tesla battery-electric vehicle (BEV) charged ahead.

This marks BYD's latest effort to enhance the appeal of its core models, following the rollout of long-range versions for four affordable hybrid sedans over the past two days.

BYD will launch the Song Pro DM-i long-range version January 10, expecting to add a larger battery for 200 km EV range.

For the full year 2025, the Song series sold 788,003 units, making it BYD's best-selling model.

Three people died in a construction accident at BYD’s massive Zhengzhou industrial complex, local government authorities said on Monday.

BYD announced its 3Q results at the end of October. Revenue was down 3%, while net profit was down 32.6%. Overall, that does not look good compared to their recent growth and fell short of expectations. But it gets more interesting when you get into the details.Not only did R&D expenses go up 31%, but development capital expenditures went up a whopping 519.65% YoY “Mainly due to the increase in in-house R&D investments.” Most of their research and development is still accounted for as expenses (43.75 billion RMB versus 3.15 billion RMB), but that is clearly a significant increase. In combination, R&D was roughly twice net profits, and net profit would have gone up if R&D was flat.Inventory was up 31.83%, due mainly “to the augmentation of automobile business.” In other words, updated product that has not yet been delivered.“Contract liabilities” went up by 40.29% YoY, “mainly due to the increase in advance receipts of the automobile business.” In other words, deposits taken on vehicles that have not yet been delivered. Having obligations to deliver vehicles that have already received deposits is overall a good kind of liability.Non-current assets were up 50.36%, while long-term receivables were up 54.90%, mainly due to increases in leasing. This foreshadows future revenue.The balance sheet overall saw a significant improvement, with assets up 15.14% and shareholder equity (assets minus liabilities) up 32.53%. Construction in progress was up 144.15%, with several global factories being built, as well as the world’s largest R&D center. However, borrowing is up while payables are down, with shifts on the balance sheet likely reflecting shorter payment terms in vendor contracts.

The BYD Qin family models sold 71,248 units in October, remaining BYD's top-selling lineup.