Etiqueta: Stellantis

Volkswagen isn’t alone in struggling with the rise of China’s domestic auto industry. German carmakers BMW and Mercedes-Benz have seen their market share decline, particularly among EVs.

Tesla and other Western electric car manufacturers are facing stiff competition from China.

The Italian government has tried to woo BYD as a second producer after Alfa Romeo parent Stellantis moved some production out of Italy.

BYD Electric Vehicles: Chinese electric vehicle giant BYD is expanding its product portfolio with the launch of three new models under its premium sub-brand, Fangchengbao.The unveiling, which took place via live stream on Tuesday night, showcased two concept cars – the Super 3 crossover and the Super 9 sports car – alongside a production model, the Bao 8 SUV. All three vehicles will be on display at the upcoming Beijing Auto Show.Image: BYDWhile BYD remained tight-lipped on pricing and launch dates, the company highlighted its focus on the high-end segment with the Fangchengbao lineup. This strategy aligns with their recent launch of premium SUVs and sports cars under the Yangwang brand, which boast price tags exceeding 1 million yuan ($138,132.99).The Bao 8 SUV is the only production-ready model currently, with nearly 20,000 units delivered since November 2023. Most Fangchengbao vehicles utilise BYD's proprietary Dual Mode Off-Road (DMO) plug-in hybrid system, designed to optimise off-road performance while maintaining fuel efficiency and power.Image: BYDThe Super 9 sports car boasts a stylish design led by Wolfgang Josef Egger, who previously worked with luxury car brands like Alfa Romeo, Audi, and Lamborghini.BYD's foray into the off-road electric vehicle segment directly targets established players like Toyota's Land Cruiser, Stellantis' Jeep, and Tata Motors' Jaguar Land Rover.(With Reuters inputs.)

BYD has unveiled three new models, including two concept cars, under its premium brand Fangchengbao.

SHANGHAI (Reuters) - BYD has unveiled three new models, including two concept cars, under its premium brand Fangchengbao as the Chinese electric vehicle giant ramps up efforts to sell into higher-priced segments. The Bao 8 SUV, Super 3 concept crossover and Super 9 concept sports car made their debut at a live-streamed event on Tuesday night. The company will showcase them at the Beijing auto

China's BYD unveils three new models for its off-road Fangchengbao lineup

BYD was recently spotted testing its upcoming hybrid pickup truck in Mexico. More information about the Chinese automaker’s first new energy pickup truck has come out.