China EV daily (July 19): NEV tax cut extended till 2027, Xpeng’s H2 plans for X9 and G7, BYD’s Seal DM-i enters production
[Industrial Policy] On the morning of July 19th, at a press conference held by the Ministry of Finance, the person in charge of the Ministry of Finance introduced the specific content of continuing and optimizing the policy of reducing and exempting vehicle purchase tax for new energy vehicles, clarifying that the policy of reducing and exempting vehicle purchase tax for new energy vehicles will be extended to the end of 2027. — IT Home
[Xpeng] On July 19th, a few days ago, the Weibo car blogger @张抗抗KK posted a screenshot, which can be roughly judged from the content that the screenshot is a related industry report of Xpeng Motors. Notably, this picture also announced part of the new car planning for Xpeng Motors in the second half (H2) of 2023: It is expected to launch a new MPV model X9 and a new SUV model G7 in the second half of the year. The two cars are said to be “co-driving” with two new cars P7i and G6 launched in the first half of the year. The annual delivery volume is expected to reach 130,000 units, and it is also expected to “achieve simultaneous growth in sales volume and profit margin”. — IT Home
[BYD] On July 19th, at BYD’s Zhengzhou factory, the new generation of mainstream medium-sized sedan Seal DM-i from BYD Ocean Network officially rolled off the production line. This is also the first new model launched by BYD after settling in Zhengzhou. — CNC
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Edit: The previous version of the article stated the name BYD Sea Lion, while it is BYD Seal. Sorry for the confusion.
