BYD Q1 EV Exports Surge by 130%
TOM GOULD | 2024/04/15
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TOM GOULD | 2024/04/15
01 BYD’s New Energy Vehicle Exports Surge 130% in Q1
01 BYD’s New Energy Vehicle Exports Surge 130% in Q1
According to data from the China Association of Automobile Manufacturers (CAAM), BYD exported 99,000 new energy vehicles (NEVs) in the first quarter of 2024 — including battery electric vehicles (BEVs), plug-in hybrids (PHEVs), and fuel cell vehicles — marking a year-on-year growth of 130%. In comparison, Tesla’s Shanghai factory exported 88,000 vehicles during the same period.
— Source: Caixin Global
02 BYD’s Uzbekistan Plant to Begin Operations in June
02 BYD’s Uzbekistan Plant to Begin Operations in June
According to the Uzbekistan Ministry of Investment, Industry and Trade, BYD will launch a new manufacturing facility in the Jizzakh Free Economic Zone in June 2024. The plant will focus on the production of hybrid and electric vehicles using CKD (completely knocked down) kits to assemble models like the Chazor and Song Plus DM-i, with an initial annual capacity of 50,000 units.
As production ramps up, localization levels are expected to increase accordingly. In 2023, Uzbekistan imported 8,948 BYD vehicles worth $291 million.
— Source: UZDaily
🔗 https://www.uzdaily.uz/en/post/88363
03 Chery Launches Jaecoo J7 SUV in South Africa
03 Chery Launches Jaecoo J7 SUV in South Africa
Following the success of Omoda, Chery’s new brand Jaecoo has launched the J7 SUV in the South African market. The mid-size SUV measures 4,500mm in length, 1,865mm in width, and 1,680mm in height — positioning it alongside models like the Hyundai Tucson and Volkswagen Tiguan.
Three variants are available: Vortex, Glacier, and Inferno. All are equipped with a 1.6L turbocharged petrol engine delivering 145kW and 290Nm, paired with a 7-speed dual-clutch transmission. While the Vortex and Glacier offer front-wheel drive, the Inferno comes with all-wheel drive.
Pricing for South Africa:
Vortex: ZAR 549,900
Glacier: ZAR 599,900
Inferno: ZAR 679,900
— Source: Double Apex
🔗 https://doubleapex.co.za/jaecoo-j7-sa-pricing-and-range-info/#google_vignette
04 Li Auto Denies Sales Authorization Deal in Uzbekistan
04 Li Auto Denies Sales Authorization Deal in Uzbekistan
Li Auto has officially denied rumors circulating online about a signed sales authorization deal with a company in Uzbekistan. In a statement, the automaker clarified that the circulating images of a supposed signing ceremony are fake, and no factory tours have been arranged for any dealers. It has reported the incident to local law enforcement.
Although Li Auto CEO Li Xiang stated in July 2023 that the company would not enter overseas markets before 2025, signs of international expansion have already emerged. During a February 2024 earnings call, the company confirmed it had started building a team in Dubai for local sales and services. Plans are in place to establish an after-sales network across the Middle East and Central Asia in the first half of this year.
— Source: CNEV Post
🔗 https://cnevpost.com/2024/04/13/li-auto-impersonated-signing-sales-authorization-uzbek-firm
05 XPeng Aims to Quadruple Sales in Norway
05 XPeng Aims to Quadruple Sales in Norway
At the SHE Conference held in Oslo’s Spektrum arena on April 12, XPeng showcased its new G6 model, a direct rival to Tesla’s Model Y. Claes Persson, XPeng Norway’s General Manager, stated the company aims to quadruple its sales in 2024, targeting 3,000 units, with the G6 accounting for around half.
The G6 is a well-equipped crossover SUV with competitive size and features versus Model Y. Highlights include a panoramic sunroof, advanced driver-assistance systems, and ventilated seats. Only a few options are available, such as exterior color and coat hangers.
The G6 will be offered in two variants:
Standard Range (66kWh battery, 435 km WLTP range)
Long Range (87.5kWh battery, 550 km WLTP range — exceeding Model Y’s 533 km)
XPeng also promises fast charging capabilities and a seven-year factory warranty. Norwegian pricing will be announced in late April or early May, with deliveries starting in summer.
— Source: Breaking Latest
🔗 https://www.breakinglatest.news/world/shall-quadruple-sales-in-norway
06 XPeng Enters Hong Kong and Macau Markets
06 XPeng Enters Hong Kong and Macau Markets
XPeng has partnered with Sime Darby Motors to officially launch in Hong Kong. The G6 SUV and flagship X9 MPV will be available starting mid-May 2024, with deliveries expected in Q3.
Additionally, XPeng is collaborating with Xin Kang Heng Holdings Ltd. to enter Macau, introducing left-hand drive models of the G9, X9, G6, and P7i starting in May.
— Source: The Edge Malaysia
🔗 https://theedgemalaysia.com/node/707747
【Other Global Auto Market News】
07 Highlights from the 2024 New York International Auto Show
07 Highlights from the 2024 New York International Auto Show
Held at the Jacob Javits Center in Manhattan, this year’s NYIAS was packed with new models, despite many key announcements happening prior to the event.
Kia debuted the redesigned 2025 K4 compact sedan, successor to the Optima, with enhanced style and cabin materials.
Hyundai updated the popular Tucson with sharper styling, improved tech, and a refreshed Santa Cruz pickup featuring a new off-road XRT trim.
Genesis introduced its new performance sub-brand “Magma,” showcasing the GV60 Magma Concept SUV.
Neolun concept car marked a fresh design direction for the brand.
Infiniti previewed the 2025 QX80 SUV with a luxurious design theme called “Artistry in Motion.”
Nissan unveiled the 2025 Kicks with a boxier design and optional AWD for the first time.
Polestar gave the Polestar 4 SUV Coupe its North American debut and announced production expansion in South Carolina this summer.
— Source: MotorWeek
🔗 https://motorweek.org/motor-news/whats-new-from-the-2024-new-york-international-auto-show
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