[BYD] News & Updates

China: Fuel Vehicle Share Falls Below One-Third as NEV Penetration Hits 67%

Data from the China Passenger Car Association (CPCA) show that in September 2026, the market share of China's fuel-powered passenger vehicles fell below one-third for the first time, while the penetration rate of new energy vehicles rose to 67% and the share of battery electric vehicles reached 47.3%. Product advances, policy orientation and young consumers' preferences are jointly driving the structural shift. Joint-venture brands and traditional dealership and repair systems are under pressure, with the number of auto repair shops falling from 382,000 to 345,000 in half a year. The industry is shifting from fuel-dominated to new-energy-dominated, but fuel vehicles will still coexist with new energy vehicles over the long term in scenarios such as long-distance travel and low temperatures, and the industrial chain needs to complete business and talent structure adjustments during the transition period.

3168 days ago

Fang Cheng Bao Reaches 600,000 Cumulative Sales in 35 Months, Expands into Sedans

BYD's Fang Cheng Bao has surpassed 600,000 cumulative sales, reaching this scale about 35 months after the brand's launch, and it took only two months to grow from 500,000 to 600,000 units. In September 2026, Fang Cheng Bao launched two sedans, the Fang Cheng S and Fang Cheng S GT, priced from RMB 189,900 to RMB 239,900, expanding from hardcore off-road vehicles to a dual-line layout of off-road and sport sedans. Its growth relies on the DMO super hybrid off-road platform and DiSus chassis technology, but competition in both hardcore off-road and sport sedan segments is intensifying simultaneously; going forward, the delivery performance of the sedan lineup and the pace of product innovation need to be observed.

2628 days ago

China-EU Consultations Signal Easing as Four Automakers Chart Different Paths

The second regular meeting of the China-EU Trade and Investment Consultation Mechanism was held in Beijing from October 8 to 9. The two sides reached an understanding on hybrid vehicle trade and agreed to advance price undertakings and review procedures in the electric vehicle anti-subsidy case. On October 14, Changan, Leapmotor, Dongfeng and GAC successively expressed support, but their European focuses vary: Changan stressed localization "in Europe, for Europe"; Leapmotor said it has established more than 1,000 outlets in 36 countries and entered local manufacturing; Dongfeng focuses on compliance and taking hybrid technology overseas; and GAC is deepening local cooperation. Industry insiders believe trade costs remain a key variable in automakers' European investment decisions.

24611 days ago

China's Commerce Ministry Opposes EU Request for Voluntary Limits on Hybrid Vehicle Exports

On September 18, 2026, China's Ministry of Commerce responded to the China-EU hybrid vehicle trade dispute, explicitly opposing the voluntary export restraints proposed by the EU and saying they seriously violate WTO rules. Previously, the EU asked China to voluntarily limit hybrid vehicle exports to Europe, otherwise it might impose higher tariffs. Data show that EU imports of hybrid vehicles from China rose from 3,800 units in October 2024 to 50,000 units in July 2026. The EU hopes to limit this share to about 15%, but it has already exceeded one third. In the same period, China's August vehicle exports reached 1.01 million units, up 65.3% year on year, of which new energy vehicle exports were 526,000 units, up about 130% year on year. Overseas markets have become an important growth support, and China-EU trade issues have also extended from pure electric vehicles to hybrids and localized production.

50238 days ago

BYD Recalls 183,211 Tang and Qin Vehicles in China Over Brake Pedal Stopper Pad Material Defect

On September 18, 2026, the State Administration for Market Regulation issued an announcement that BYD is recalling some Tang and Qin series models, totaling 183,211 vehicles, with production spanning from 2014 to 2022. The recall is due to abnormal material in the brake pedal limit pad, which may crack and fall off and cause the brake lights to illuminate incorrectly. BYD will replace the improved parts free of charge. The Tang series recall involves 142,895 vehicles, and the Qin series 40,316 vehicles. From January to August this year, cumulative sales of the Tang and Qin fell 34.96% and 52.88% year on year, respectively. During the same period, BYD's August new energy vehicle sales were 440,293, up 17.84% year on year.

43738 days ago

Sunwoda unveils 15C fast-charging battery: 10%-97% in 9 minutes, 10,000 MW stations by 2027

Sunwoda Power released a 15C intelligent flash-charge battery system on September 17, claiming a 10% to 97% charge in 9 minutes at room temperature and 15 minutes at minus 20°C, with a range of over 700 km, and offering a 10-year or 300,000 km warranty. The company plans to build 10,000 megawatt-level charging stations by the end of 2027, but did not disclose locations or mass-production vehicle models. The intelligent monitoring system released at the same time can warn of more than 20 types of faults 2 to 10 days in advance, with 99.77% accuracy. The article argues that flash-charging competition is shifting from technology launches to network expansion, and its overseas path remains to be seen.

31138 days ago

Leapmotor Advances European Localization: B10 Pre-Production in Spain, B03X Launched in Italy at €19,900

In September 2026, Leapmotor began pre-production of the B10 compact battery-electric SUV at Stellantis's Zaragoza plant in Spain, using local content to avoid EU tariffs; at the same time, it launched the B03X small electric SUV in Italy at 19,900 euros to enter Europe's entry-level market. European BEV registrations in August reached 202,833 units, up 54.2% year on year, with a 30.5% market share. Chinese automakers' European localization paths are diverging: BYD tends to build multiple bases itself, while Leapmotor leverages Stellantis's production capacity.

48439 days ago

BYD May Join China-U.S. Summit Business Delegation; Overseas Signals Awaited

People familiar with the matter say BYD may be included in the Chinese corporate delegation for the China-US summit, but this has not yet been officially confirmed. In the European market, BEV registrations in 16 core markets reached 202,800 in August, up 54.2% year on year, with market share rising to 30.5%; cumulative registrations in the first eight months exceeded 1.67 million. Leapmotor is pre-producing the B10 at Stellantis's Zaragoza plant in Spain, using local content to circumvent EU tariffs; BYD plans to build three vehicle assembly plants and one battery plant in Europe, with trade policies and export channels adjusted in tandem.

41639 days ago

Volkswagen Exports China-Made Cars to Africa, GM May Follow as Capacity Allocation Shifts

The decline in China's light vehicle demand is driving multinational automakers to adjust their global production capacity allocation. On September 11, FAW-Volkswagen launched sales in Madagascar, becoming the first multinational automaker to export China-made vehicles to Africa. In August, BEV registrations in 16 core European markets reached 202,833 units, up 54.2% year on year, with their share rising to 30.5%. BYD plans to build three vehicle plants and one battery plant in Europe, while Leapmotor uses Stellantis's Spanish plant for localized production to avoid tariffs. The UK faces pressure from EU tariffs and rules of origin, and Nissan, McLaren, and Yokohama are simultaneously adjusting capacity and supply chains.

42039 days ago

Denza Z9S to Launch on September 23 with Up to 1,100 km Range

The Denza Z9S mid-to-large battery-electric sedan will launch on September 23, 2026. Pre-sales began on August 3, with pre-sale prices from 319,800 to 389,800 yuan across three versions, offering CLTC ranges of 780 km, 920 km, and 1,100 km, respectively; the 1,100 km version is officially described as the longest range of any mass-produced battery-electric vehicle globally. The new model is based on the Denza e3 platform, comes standard across the lineup with rear-wheel steering, supports 5-minute flash charging from 10% to 70% battery, and is equipped with God's Eye B driver assistance. Denza has not yet announced an overseas launch timetable or export plans, and its overseas competitiveness will still depend on future pricing and localization progress.

47940 days ago

After 7.098 Million Vehicle Exports, Chinese Auto Globalization Enters Deep Water

In 2025, China's automobile exports reached 7.098 million units, a year-on-year increase of 21.1%, of which new energy vehicle exports reached 2.615 million units, a year-on-year increase of 103.7%. The industry's focus is shifting from export scale to the depth of globalization. The degree of openness of overseas markets varies significantly. Chinese automakers are advancing globalization through local factory construction, product portfolios, and ecosystem-based operations. According to statistics from Gasgoo Automotive Research Institute, the planned annual overseas production capacity of Chinese automakers increased from about 3.44 million units in 2023 to nearly 6.85 million units in 2026.

56240 days ago

Fang Cheng Bao Formula S/GT Launched: 10–70% Charge in 5 Minutes

On September 16, 2026, BYD's Fangchengbao launched the Formula S and Formula S GT, the former a coupe and the latter a shooting brake, with nine trims in total, priced from 189,900 to 239,900 yuan. The lineup has a CLTC range of 730 to 900 km, offers rear-wheel drive and all-wheel drive, and a maximum combined AWD output of 490 kW. It debuts an intelligent magnetorheological suspension, is equipped with LiDAR and God's Eye B, and supports urban navigated assisted driving. Officially, its competitors are the Xiaomi SU7 and Tesla Model 3, and charging from 10% to 70% takes 5 minutes.

51640 days ago

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