CnEVPost Newsletter: BYD Apr sales; Tesla price hike in China
CnEVPost Newsletter: BYD Apr sales; Tesla price hike in China
BYD posts Apr NEV sales of 210,295 units, up 1.55% from Mar
BYD sold 104,364 passenger BEVs in April, up 1.65 percent from March, and 105,103 PHEVs, up 1.63 percent from March.
BYD Apr sales breakdown: Qin 42,202, Yuan 39,160
BYD has offered some discounts on the Seal, Song Plus, Yuan Plus and Dolphin in the price war in the Chinese auto industry over the past two months.
NIO to adopt NXP's 4D imaging radar that provides greater road safety
4D imaging radar enables cars to detect and classify objects such as other vehicles and vulnerable road users on highways and in complex urban scenarios and at distances of up to 300 meters.
NIO seeks satisfaction, but likely to get little charge, from defamation lawsuit
NIO has accused a blogger of deliberately misleading readers by saying it discriminates against Chinese consumers.
Tesla hikes Model 3, Model Y prices slightly in China
Tesla's move could help dispel the wait-and-see sentiment of some potential consumers, which could benefit sales in the near term.
Deutsche Bank on Apr China EV sales: Li Auto shines while NIO struggles
Edison Yu's team continues to expect most automakers to be aggressive, as market share is a top priority.