Tag Archives: BYD

BYD sent a ship with 5,000 EVs to Europe

In March 2024, Chinese carmaker BYD ordered seven new transport ships to meet the goals and the increasing demand for electric cars in Europe. The first of the new ships (BYD Changzhou) set sail from the port of Yantai in late November with 5,000 new EVs.

The 200-meter-long ship, with a capacity of 7,000 vehicles, headed for the ports of Bristol (UK) and Rotterdam (Netherlands) with vehicles produced in several plants. It was built to high international standards and uses a dual-fuel LNG drive, which reduces carbon emissions during the journey.

These seven ships will help BYD to transport its cars around the world faster. Currently, Chinese companies own fewer than 50 car cargo ships, and their combined capacity is less than 150,000 vehicles. In comparison, Japanese companies have ships that can transport 1.6 million vehicles.

“Having our own ships helps us better control our exports. We can now deliver our environmentally friendly vehicles to customers around the world in an even more efficient manner,” the company said.

Since the beginning of the year, Chinese manufacturers have exported 5.28 million vehicles, up 25 percent from 2023. BYD currently operates in 99 countries and regions around the world, and plans to acquire more ships to enhance its global supply of quality and environmentally friendly vehicles.

Source: BYD

2025 BYD Sealion 7 is coming to Europe

After presenting a new hatchback, the Seal 06 GT, two months ago, the Chinese manufacturer BYD continues its expansion into the European market with its new all-electric SUV, the Sealion 7.

Sealion 7 was premiered in China in November last year, and on the European market it should be a major competitor to the Tesla Model Y. It is based on the e-Platform 3.0 Evo platform and features BYD’s well-known design language. The headlights and intakes on the bumper show that this car is not very different in design from the Seal U SUV. Also, the falling roofline that merges with the full-length LED taillights is reminiscent of the Seal sedan.

The interior is similar to that of the Seal sedan, but with a slightly different dashboard design. It is equipped with soft vegan leather that covers over 80% of the interior, comfortable premium quilted Nappa leather seats, a 15.6″ rotating touchscreen and a new steering wheel, while the digital cockpit and center console are taken from the BYD Seal sedan.

This SUV is the eighth EV of the Chinese company that is part of the Ocean Series, and the version that will be offered in Europe will be powered by two electric motors. In China, the Sealion 7 has 530 hp (390 kW) and the 82.56 kWh battery provides a range of 550 km (340 mi).

The first deliveries should start at the end of October 2024.

Source: BYD

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Fall in demand for Chinese EVs in Europe

For years, cheap EVs from China have been flooding the European market, destroying the competition, so the European Union has introduced additional tariffs on vehicles imported from this country, which are paying off. According to the latest data, demand for Chinese EVs has been declining for the past year and a half, and in August it fell by 50%.

For the second month in a row, the market share of Chinese manufacturers has been declining, and the data show that SAIC Motor is no longer the leader in Europe. This was also influenced by MG’s poor sales results (-65% in August), as the brand focused more on hybrid and plug-in hybrid cars. The new leader is BYD, which is one of the few that recorded sales growth (+10%).

According to some analysts, the biggest reason for the drop in sales is the additional tariffs that the European Union wants to impose on Chinese EVs. However, it should also be taken into account that the European market is currently facing a steady decline in the number of electric vehicles sold. Since the beginning of 2024, demand for EVs has fallen by 5.5 percent.

Car manufacturers will face stricter EU regulations on CO2 emissions in the coming year, as the current average emission limit for new vehicles should be reduced from 116 g/km to 94 g/km next year. European car manufacturers have once again called on Brussels to reconsider its climate goals.

Source: Reuters