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

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.

21116 hours ago
Deutsche Bank Backs XPeng MONA L03 for 12,500 Monthly Sales — What's the Bull Case?

Deutsche Bank Backs XPeng MONA L03 for 12,500 Monthly Sales — What's the Bull Case?

Deutsche Bank issued a research report predicting that the XPeng MONA L03 SUV could achieve monthly sales of 12,500 units. The model features XPeng's second-generation VLA autonomous driving system, powered by the in-house Turing chipset delivering up to 1,500 TOPS of computing power, with VLA 2.0 improving overall driving efficiency by 23%. Deutsche Bank expects these new products to lift XPeng's nationwide monthly volume to about 60,000 units in the second half of 2026. Earlier, XPeng's flagship GX SUV secured 24,863 firm orders within 12 hours of launch, with the Ultra Flagship trim accounting for over 80% of initial orders. Whether MONA L03 can replicate this success depends on whether its autonomous driving experience can create differentiated competitiveness in the mass market.

63378 days ago
RMB 150M-300M Share Purchase! Seres Controlling Shareholder Boosts 22.99% Stake, Confident in Long-Term Value

RMB 150M-300M Share Purchase! Seres Controlling Shareholder Boosts 22.99% Stake, Confident in Long-Term Value

On July 13, Seres announced controlling shareholder Chongqing Sokon Holding plans to purchase RMB 150M-300M of A-shares within 6 months through centralized bidding, using own funds. Sokon Holding currently holds 401 million shares, representing 22.99% of total equity. Meanwhile, Seres' new brand AIVA's first mass-production model AIVA ME7 is slated for release this year, targeting the 100,000 to 200,000 yuan range.

61997 days ago