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BYD Tang EV 2023 launched, 600 km range 7-seater starts at 34,300 USD

Due to the ongoing price war in the Chinese EV market, the price of the new Tang EV has dropped by about 12% compared to the 2022 version.

BYD sold 1.25 million cars and made a profit of 1.5 billion USD in H1 2023

On August 28, BYD released its 2023 H1 financial report. On August 28, BYD released its 2023 H1 financial report. BYD achieved a revenue of 35.86 billion in H1 2023 and made a profit of 1.51 billion USD.

Buick Velite 6 EV’s new version launched in China, starting at 15,500 USD

The EV range of the new Buick Velite is 430 km. Buick Velite 6 sold 3,295 units in China in July.

The first BYD showroom in Tokyo will open on August 26

At present, BYD has opened 47 stores in Japan and is under construction.

Changan Lumin EV’s 205km version launched, starting at 7,500 USD

At present, this EV can sell more than 10,000 units in China every month on average.

Tesla cut the prices of some Model 3 and Model Y in China by 1,100 – 1,900 USD

The price cut this time is relatively low, and the low-end version of the Model Y with the highest sales volume has not been cut. Analysts believe that the effect may not be significant.

The sales of VW ID.3 in China increased by more than 3 times than last month after the price cut to 16,600 USD

After a 16% price cut, the monthly sales of the Volkswagen ID.3 in China broke the historical record for the model.

Tesla Model S caught fire after hitting road pile in Sichuan province of China

Unfortunately, the driver of the car was unable to flee after the accident, according to eyewitnesses

Top-Selling car brands in July 2023 in China – BYD first, VW second, Toyota third

BYD has been the sales champion in the Chinese market for six consecutive months. Previously, the sales champion in the Chinese market was occupied by Volkswagen most of the time.

BYD sold 28,001 Seagull EVs in July, up 21% from the previous month

Currently, BYD Seagull is only sold in China, the price is 73,800 - 89,800 yuan (10,300 -12,500 USD).