It is not all bad news for BYD amidst Berkshire sales

It is not all bad news for BYD amidst Berkshire sales

Source: CnEVPost

Buffett sells additional 1.7 million BYD shares after first move late last month

Berkshire reduced its stake in BYD to 18.87 percent on September 1 after cutting its holdings by 1.176 million BYD H shares.

BYD overtakes LG Energy Solution to become world's No. 2 battery maker in July

From January to July, BYD's global share remained lower than LG Energy Solution, with the two at 12.6 percent and 14.2 percent respectively.

BYD denies it will raise prices after rumor sparked widespread buzz.

BYD's pure electric vehicle models will increase in price by RMB 10,000 and plug-in hybrid models will rise by RMB 6,000, local media reported earlier.

Denza is the joint investment between BYD and Mercedez Benz targeting the luxury market

Denza D9 MPV expected to start deliveries at end of Sept, exec expects 10,000 deliveries in Dec

The Denza D9 is expected to deliver more than 3,000 units in October and 5,000-7,000 units in November, an executive said.

 

BYD sells 174,915 NEVs in Aug, another record high

BYD Aug sales breakdown: Song 42,500 units, Qin 39,512 units

BYD's flagship Han family of sedans sold 26,003 units in August, while the flagship Tang family of SUVs sold 10,815 units.

BYD's order backlog reaches 700,000 units, aims for 280,000 monthly deliveries by year-end.  The latest US subsidy bill is discriminatory, and if the US government insists on this policy, BYD will consider temporarily abandoning the US market.