$BYD

China's MIIT flagged Geely Auto's (0175) Xingyuan and BYD's (1211) Qin L DM-i for production conformity issues, including wheelbase deviation and higher fuel consumption. MIIT launched a 1-year auto quality campaign, citing these models as typical cases. The Xingyuan is Geely's best-selling model with 465,775 units sold in 2025.

BYD has installed 10,000 of its second-generation Flash Chargers in China, half of its 2026 target. The chargers, compatible with BYD's Blade Battery, can charge EVs from 10% to 97% in nine minutes. BYD plans to install the remaining 10,000 units by year-end, with partners like Sinopec and PetroChina. The chargers are also open to non-BYD brands, and BYD is expanding internationally, with 300 stations planned in the UK by year-end.

BYD launched the Sealion 6 DM-i hybrid SUV in South Korea, competing with Hyundai and Kia. The model features a 18.3 kWh battery, 70 km electric range, and costs 37.5 million won. It aims to meet growing demand for hybrids in the region.

BYD's Mako, a smaller monocoque ute, was revealed with a Brazilian launch expected in late 2024. It measures 4.8m, competing with models like the Fiat Toro. The Mako may feature a flex-fuel plug-in hybrid system. BYD Australia did not confirm local plans but did not rule out the Mako, pending commercial assessment.

BYD announced its Flash Charging network has reached 10,000 stations in China, covering 325 cities, with 1.83 million users, 33% of whom use non-BYD vehicles. The company aims to build 20,000 stations by the end of 2026, with plans for 6,000 overseas, including 3,000 in Europe.

Luxeed, a joint venture between Huawei and Chery, announced cumulative deliveries of its V9 MPV surpassed 20,000 units. BYD opened its 10,000th FLASH charging station, aiming for 20,000 by year-end. Chinese agencies launched a campaign to improve vehicle quality and production compliance.

BYD unveiled the Mako, a smaller ute based on the Sealion 6 platform, for the Latin American market. It features a 1.5L petrol engine paired with an electric motor, producing 166kW and 400Nm. Priced between 200,000 and 220,000 Brazilian Reais (A$53,900-A$59,180), it will compete with models like the Fiat Toro and Renault Oroch. BYD is a publicly traded company, with the ticker 002594.SZ on the Shenzhen Stock Exchange.

BYD unveiled the Mako ute prototype in Brazil, slotting below the Shark 6. The Mako shares a platform with the Sealion 5 and 6, features a plug-in hybrid system, and is set to launch in October or November. BYD has not confirmed international marketing plans. The vehicle is designed for passenger comfort and will compete with models like the Fiat Toro. Production will occur at BYD's Brazilian factory.

BYD, China's largest carmaker, is building a 4 billion euro factory in Hungary, aiming to produce 300,000 vehicles annually by 2026. This expansion challenges Germany's automotive industry, with BYD's sales and technological advancements pressuring Volkswagen, BMW, and Porsche. BYD's European sales surged 150% in a year, and its cost advantages are significant. Volkswagen is considering plant closures and job cuts to compete. The EU is proposing stricter rules for subsidies, but Chinese manufact

BYD has started delivering its first plug-in hybrid electric vehicle, the Sea Lion 6 DM-i, in South Korea, with GS Global receiving the first unit. The SUV uses BYD's DM-i system and Blade Battery, offering 70 km of EV-only range. BYD sold 11,675 units in South Korea in the first half of 2023, ranking fourth among imported car brands, according to KAIDA.