BYD's Ocean Series five-seat hybrid SUV "Frigate" model was launched on December 9. The new car comes in six options with five colors, and the price is 202,800 - 289,800 yuan ($29,077 - $41,551) after reducing subsidies.
BYD's luxury electric vehicle brand Yangwang revealed its logo on December 9, which was inspired by the "electricity" symbol in oracle bones, China's earliest writing system.
Chinese new energy vehicle company BYD announced on December 5 that the company and its partner Motorysa, a Colombian distributor, released a new Ocean series model – the pure electric "Dolphin" sedan.
On December 2, the U.S. Department of Commerce issued preliminary determinations in the circumvention inquiries of solar cells and modules from China. Four Chinese enterprises were found to be circumventing tariffs.
On December 2, Chinese electric vehicle maker BYD announced that it had sold 230,427 new energy vehicles in November, up from 91,219 units a year earlier. This year's cumulative sales reached 1,628,297 vehicles, a year-on-year growth of 219.38%.
The new energy vehicle subsidies issued by the Chinese government for the past 13 years are scheduled to end this year. However, the vast majority of domestic NEV enterprises have not yet achieved profitability, and are still investing in large-scale research and development.
Chinese automaker BYD held a media event in Mexico on November 29, during which the firm's Han sedan and Tang SUV debuted in the country. These vehicle models are expected to be launched in Mexico in 2023.
The Frigate 07 electric vehicle model from Shenzhen-based automotive firm BYD will be launched on December 9. As a brand-new addition to BYD's Warship Series, the Frigate 07 is positioned as a five-seat medium-sized SUV.
With its advantages in automobile manufacturing and preferential tariff policies, Thailand is emerging as an important destination for China's new energy vehicle makers to begin exploring international markets.
Leading Chinese electric vehicle firm BYD announced earlier this month that it will launch a new high-end automotive brand called Yangwang. A series of spy shots showing the first model of this brand was unveiled on November 24 in China.
Following recent cuts made by Tesla to its electric vehicle prices in the Chinese market, BYD announced on November 23 that it will increase the prices of its Dynasty series, Ocean series and Denza vehicles, ranging from 2,000 yuan ($279) to 6,000 yuan ($838).
On November 22, Chinese electric vehicle maker BYD denied recent rumors that its solid-state batteries are about to be loaded into vehicles and that its sodium-ion batteries are entering the test stage.
Chinese electric vehicle maker BYD announced on November 21 that it has signed an order for 64 electric buses with Nobina, the largest bus operator in Northern Europe. These vehicles are scheduled to be delivered in the second quarter of 2023.
A fire broke out on November 18 at a BYD factory in the Chinese city of Huizhou, Guangdong Province. No casualties were reported and no inflammable or explosive materials were found in the building, which has a steel frame structure.
Recently, the unknown white particles floating out of the air conditioner outlet of BYD's Dolphin model has caused some discussion. As a result, nearly 400 consumers in Wenzhou City, Zhejiang Province went in a group to local regulators to complain about the Chinese EV maker.
At a press conference on November 16, Wang Chuanfu, Chairman and President of Chinese EV firm BYD, said that in addition to its new high-end vehicle brand Yangwang, the company will also launch a professional and personalized brand in 2023, which will be built and created together with BYD customers.
On November 15, BYD terminated the listing of its subsidiary BYD Semiconductor, as its wafer production capacity is still far from meeting demand. Priority will now be given to large-scale wafer production capacity investment.
Chinese new energy vehicle firm BYD announced on November 13 that the standard range version of its ATTO 3 model (the Yuan Plus in China), featuring an NEDC of up to 410 km.
Recent years have laid bare the advantages of electrification, intelligent technology and user targets for the automotive industry, and Chinese brands are increasingly launching vehicles from 300,000 yuan ($42,624) and upward in a bid to join the high-end market.
On November 11, documents on the Hong Kong Stock Exchange (HKEx) showed that Berkshire Hathaway, founded by Warren Buffett, reduced its holdings of more than 5.78 million BYD shares at HK $196.99 on November 8, and its shareholding ratio dropped to 16.62%.
