Written by Cláudio Afonso | LinkedIn | X
Shenzhen-based BYD disclosed on Sunday that its May sales surged to 331,817 vehicles, with 146,395 units being fully electric. This marked a substantial 38 percent increase from the 240,220 vehicles sold during the same period last year.
Fully electric vehicle sales witnessed a notable 22.4 percent uptick compared to May 2023, while plug-in hybrid vehicles saw a remarkable 54 percent surge, setting a new sales record. Year-to-date sales recorded 1,271,325 units, reflecting a robust 26.80% year-on-year increase.
Chairman Wang Chuanfu personally handed over the inaugural Qin L model units last Thursday, following its debut at the Beijing Auto Show in late April.
Priced between 99,800 to 139,800 RMB, the model offers two variants with an 80-kilometer battery range and three variants with a 120-kilometer battery range, boasting battery capacities of 10.08 kWh and 15.87 kWh, respectively.
Earlier this week, the automaker unveiled a new hybrid powertrain capable of traversing more than 2,000 kilometers (1,250 miles) without recharging or refueling, achieving a record-low fuel consumption of 2.9 liters per 100 kilometers (62.1 miles).
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The tech will be launched in two sedans immediately that cost under 100,000 yuan (S$19,000), the automaker said at an event live-streamed on May 28 from China.
Sales of PHEVs, which include extended-range hybrids (EREVs) in China, surged 64.2% year-on-year in April, compared with the 12.1% growth rate achieved by BEVs, CPCA figures showed.
China is set to invest around 6 billion yuan ($820 million) to promote research and development in all-solid-state batteries, the local media outlet China Daily reported on Wednesday
Leading battery manufacturers such as Contemporary Amperex Technology Co Ltd (CATL) and Nio’s supplier WeLion, will receive support to focus on seven projects related to the technology,
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Written by Cláudio Afonso | LinkedIn | X
