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In April, Chinese automakers' delivery results revealed that Li Auto delivered more vehicles than NIO and XPeng combined. Additionally, the new energy vehicle brands of traditional car companies are experiencing a consistent upward trend in sales.
Chinese electric vehicle and battery firm BYD announced on July 27 that it will participate in the 2022 Paris Motor Show in October, where it will launch new energy passenger cars in Europe to be sold and delivered in Q4 of this year.
Last week was significant for the esports industry in China as the Chinese anti-monopoly authority terminated the merger between China’s two largest gaming live streaming companies - Douyu and Huya. Both live streaming platforms are controlled by Chinese conglomerate Tencent Holdings, and Tencent would have had a 70% market share of the live stream gaming sector if the merger had gone ahead.
At the Fang Cheng Bao brand spring launch event held on April 16, the Fang Cheng Bao Bao 8 production version was officially released and will be launched in the second half of this year.
This year, all models by BYD will be equipped with intelligent driving solutions such as Dolphin for low-cost models.
With the gradual economic recovery in China following the Spring Festival holiday and the COVID-19 outbreaks, electric vehicle sales showed growth in February.
BYD has emphasized the significance of both electrification and intelligence in its strategy. BYD considers electrification as the first half of the game, while intelligence is the second half.
Shenzhen-based automaker BYD announced on October 26 that it has opened its first store in Brazil's capital city, co-built with leading domestic auto dealer Saga. Up to now, BYD has established 10 dealerships in Brazil and has obtained franchise rights in 31 of its major cities.
BYD, Wuling Motors, and other Chinese electric vehicle manufacturers will set up factories in Indonesia. The Indonesian government is reportedly considering more tax incentives to attract electric vehicle manufacturers.
BYD executive denied the news that BYD is going to launch electric motorcycles and electric bicycles.
FAW Toyota, a joint venture between Japanese automaker Toyota and China's First Automobile Works (FAW), announced on October 21 that the pure electric sedan bZ3 loaded with BYD batteries will be unveiled on October 24.
BYD Group President Wang Chuanfu announced on Monday that all BYD vehicle models will be equipped with advanced intelligent driving systems.