Search results for Fangchengbao
Mobility
China\'s September auto sales see EV share hit 67% as ICE sales plunge 49%
Electric vehicles took a record 67% share of China’s auto market in September, as overall sales fell 28% from a year earlier and internal combustion engine vehicle sales plunged 49%. Total sales were about 1.6 million vehicles, with battery electric vehicles at 45% and plug-in hybrids at 22%. The report said electrification’s cumulative share in 2026 rose to 58%, while Tesla’s Model Y led September model sales.
Industry
Tesla Model Y faces pressure as BYD, Geely close in on global EV sales
Tesla’s Model Y stayed No. 1 in global battery electric vehicle sales in August, but China’s BYD and Geely are closing in as Chinese brands climb the rankings. In August, battery electric vehicle sales rose 13 percent year on year while plug-in hybrids fell 12 percent. BYD led automakers with 375,373 vehicles versus Tesla’s 141,996, based on figures that include plug-in vehicles.
Mobility
BYD to launch first solid-state battery EV in 2027
BYD plans to launch its first electric vehicle equipped with a solid-state battery in 2027. Stella Li, the company’s executive vice president, said BYD is in a leading position in developing and preparing to commercialise the technology. The rollout in 2027 does not mean immediate mass production, as FinDreams aims for limited output in 2027 and expansion to mass production by 2030. BYD is also improving charging speed for existing batteries.
