Latest news with #ATTO3
Time of India
a day ago
- Automotive
- Time of India
China's BYD to nearly triple South Africa dealers' network by next year
Chinese electric-vehicle giant BYD plans to nearly triple its dealership network in South Africa by next year as it looks to grow its market share in the country, a senior executive told Reuters. BYD's move comes at a time of growing competition in Africa's largest automotive market, where sales of new energy vehicles are rising and other Chinese companies - such as GAC, Chery and GWM - are also making inroads. Launched in 2023, with its BYD battery electric ATTO 3 vehicle, the automaker has about 13 dealerships. "By the end of the year, we will have about 20 dealerships around the country. The aim is to expand that to about 30, 35 the next year," Steve Chang, General Manager of BYD Auto South Africa told Reuters in an interview on Wednesday. BYD currently offers six models in the South African market, with its plug-in hybrid Shark pick-up, hybrid SEALION 6, and pure electric SEALION 7 SUV models launched in April, completing its hybrid and electric dual-powertrain strategy. The dealership expansion will help BYD become a fairly known brand and capture more buyers across a country that is slowly transitioning to electrified vehicles. In 2024, sales of new energy vehicles - a term that describes battery-powered fully electric vehicles and plug-in hybrid cars - rose to 15,611 units from 7,782 units in 2023, according to data from automotive industry body NAAMSA. While the share of NEVs to total car sales is still low, BYD is hoping to capture the market early on, in preparation for a meaningful transition, Chang said. "We want to educate and cultivate the market of South Africa and make sure that the South African consumers can catch up with the rest of the world," Chang added. The uptake of electric vehicles and investment in Africa is quite slow relative to emerging market peers due to limited charging infrastructure, unstable power supply and high import duties compared to fossil-fuelled cars. But BYD sees potential. "South Africa is actually one of the most important automotive markets in the southern Hemisphere. It's probably the biggest market in all of Africa, so it's a market that we have to look at and see how we can develop the market," Chang said.
TimesLIVE
2 days ago
- Automotive
- TimesLIVE
BYD to nearly triple its South African dealer network by next year
Chinese electric vehicle (EV) giant BYD plans to nearly triple its dealership network in South Africa by next year as it looks to grow its market share in the country, a senior executive told Reuters. BYD's move comes while competition in Africa's largest automotive market is growing, where sales of new energy vehicles are rising and other Chinese companies — such as GAC, Chery and GWM — are also making inroads. Launched in 2023, with its BYD battery electric ATTO 3 vehicle, the carmaker has about 13 dealerships. 'By the end of the year we will have about 20 dealerships around the country. The aim is to expand that to about 30, 35 the next year,' Steve Chang, GM of BYD Auto South Africa told Reuters in an interview on Wednesday. BYD offers six models in the South African market, with its plug-in hybrid Shark pickup, hybrid SEALION 6 and pure electric SEALION 7 SUV models launched in April, completing its hybrid and electric dual-powertrain strategy. The dealership expansion will help BYD become a known brand and capture more buyers in a country slowly transitioning to EVs. In 2024, sales of new energy vehicles (NEVs) — a term that describes battery-powered fully electric vehicles and plug-in hybrid cars — rose to 15,611 units from 7,782 units in 2023, according to data from automotive industry body Naamsa. While the share of NEVs to total car sales is still low, BYD is hoping to capture the market early on, in preparation for a meaningful transition, Chang said. 'We want to educate and cultivate the market of South Africa and make sure South African consumers can catch up with the rest of the world.' The uptake of EVs and investment in Africa is slow relative to emerging market peers due to limited charging infrastructure, unstable power supply and high import duties compared with fossil-fuelled cars. But BYD sees potential. 'South Africa is one of the most important automotive markets in the southern hemisphere. It's probably the biggest market in Africa, so it's a market we have to look at and see how we can develop the market,' Chang said.
Business Recorder
2 days ago
- Automotive
- Business Recorder
China's BYD to nearly triple South Africa dealers' network by next year
JOHANNESBURG: Chinese electric-vehicle giant BYD plans to nearly triple its dealership network in South Africa by next year as it looks to grow its market share in the country, a senior executive told Reuters. BYD's move comes at a time of growing competition in Africa's largest automotive market, where sales of new energy vehicles are rising and other Chinese companies - such as GAC , Chery and GWM - are also making inroads. Launched in 2023, with its BYD battery electric ATTO 3 vehicle, the automaker has about 13 dealerships. 'By the end of the year, we will have about 20 dealerships around the country. The aim is to expand that to about 30, 35 the next year,' Steve Chang, General Manager of BYD Auto South Africa told Reuters in an interview on Wednesday. BYD currently offers six models in the South African market, with its plug-in hybrid Shark pick-up, hybrid SEALION 6, and pure electric SEALION 7 SUV models launched in April, completing its hybrid and electric dual-powertrain strategy. The dealership expansion will help BYD become a fairly known brand and capture more buyers across a country that is slowly transitioning to electrified vehicles. In 2024, sales of new energy vehicles - a term that describes battery-powered fully electric vehicles and plug-in hybrid cars - rose to 15,611 units from 7,782 units in 2023, according to data from automotive industry body NAAMSA. While the share of NEVs to total car sales is still low, BYD is hoping to capture the market early on, in preparation for a meaningful transition, Chang said. 'We want to educate and cultivate the market of South Africa and make sure that the South African consumers can catch up with the rest of the world,' Chang added. China's BYD says it is against import of 5-year-old used vehicles The uptake of electric vehicles and investment in Africa is quite slow relative to emerging market peers due to limited charging infrastructure, unstable power supply and high import duties compared to fossil-fuelled cars. But BYD sees potential. 'South Africa is actually one of the most important automotive markets in the southern Hemisphere. It's probably the biggest market in all of Africa, so it's a market that we have to look at and see how we can develop the market,' Chang said.
Yahoo
2 days ago
- Automotive
- Yahoo
China's BYD to nearly triple South Africa dealers' network by next year
By Nqobile Dludla JOHANNESBURG (Reuters) -Chinese electric-vehicle giant BYD plans to nearly triple its dealership network in South Africa by next year as it looks to grow its market share in the country, a senior executive told Reuters. BYD's move comes at a time of growing competition in Africa's largest automotive market, where sales of new energy vehicles are rising and other Chinese companies - such as GAC, Chery and GWM - are also making inroads. Launched in 2023, with its BYD battery electric ATTO 3 vehicle, the automaker has about 13 dealerships. "By the end of the year, we will have about 20 dealerships around the country. The aim is to expand that to about 30, 35 the next year," Steve Chang, General Manager of BYD Auto South Africa told Reuters in an interview on Wednesday. BYD currently offers six models in the South African market, with its plug-in hybrid Shark pick-up, hybrid SEALION 6, and pure electric SEALION 7 SUV models launched in April, completing its hybrid and electric dual-powertrain strategy. The dealership expansion will help BYD become a fairly known brand and capture more buyers across a country that is slowly transitioning to electrified vehicles. In 2024, sales of new energy vehicles - a term that describes battery-powered fully electric vehicles and plug-in hybrid cars - rose to 15,611 units from 7,782 units in 2023, according to data from automotive industry body NAAMSA. While the share of NEVs to total car sales is still low, BYD is hoping to capture the market early on, in preparation for a meaningful transition, Chang said. "We want to educate and cultivate the market of South Africa and make sure that the South African consumers can catch up with the rest of the world," Chang added. The uptake of electric vehicles and investment in Africa is quite slow relative to emerging market peers due to limited charging infrastructure, unstable power supply and high import duties compared to fossil-fuelled cars. But BYD sees potential. "South Africa is actually one of the most important automotive markets in the southern Hemisphere. It's probably the biggest market in all of Africa, so it's a market that we have to look at and see how we can develop the market," Chang said.
Mid East Info
13-05-2025
- Automotive
- Mid East Info
Al-Futtaim Electric Mobility Celebrates BYD SEALION 7's Five-Star Euro NCAP Safety Rating - Middle East Business News and Information
Milestone reinforces Al-Futtaim's role in delivering the safest, most advanced EVs to the region Dubai, UAE –May 2025: Al-Futtaim Electric Mobility, the official distributor of BYD in the region, proudly announces that the BYD SEALION 7 SUV has earned a prestigious five-star safety rating in the latest round of tests by independent body Euro NCAP. This achievement underscores Al-Futtaim's commitment to bringing top safety-rated, cutting-edge electric vehicles to the UAE and wider region, further reinforcing its role in accelerating the transition to sustainable mobility. With its industry-leading safety features and innovative engineering, the SEALION 7 exemplifies the high standards that Al-Futtaim Electric Mobility brings to market through its exclusive partnership with BYD. The company's efforts are instrumental in ensuring customers in the region have access to world-class EVs that meet the highest benchmarks of safety, performance, and environmental responsibility. Below is the full announcement from BYD highlighting the SEALION 7's exceptional performance in Euro NCAP testing: The model, which was launched in Europe in late 2024 and features not only a Blade Battery but also BYD's trademark Cell-to-Body construction, picked up the top rating with strong performances in all of the four key areas in Europe's most stringent safety examination – Adult Occupant protection, Child Occupant protection, Vulnerable Road Users protection and Safety Assist. The SEALION 7, which is available with a choice of battery sizes and power outputs and incorporates the world's fastest electric motor in mass production (23,000rpm), has picked up particularly strong scores in the two occupant areas of the test. Euro NCAP's official report says that the car offered good whiplash protection in a crash, while noting good protection in the side barrier test and severe side pole impact evaluation. The Adult Occupant protection rating is 87%. The Child Occupant protection rating is even more impressive, at 93%, equalling the highest percentage score in this category over the past nine years and reinforcing the SEALION 7's positioning as a family car. The report states how, in the frontal offset and side barrier tests, the SEALION 7 scores maximum points for protection of all critical parts of the body for both the 10-year and six-year dummies. It also credits its direct child-presence detection system, which issues a warning when it detects that a child or infant has been left in the vehicle. The SEALION 7's suite of driver-assistance features all earn praise in the evaluation, with a Safety Assist score of 79%. The report comments that the autonomous emergency braking system performs well, including responding well to pedestrians and motorcyclists, and notes the presence of lane-support and speed-assistance systems. The SEALION 7's five-star verdict follows similar ratings for its other models on sale in Europe – DOLPHIN, ATTO 3, SEAL U and SEAL U DM-i, SEAL and TANG.
