Market Chatter: BYD to Sell Great Tang SUV in Europe by End-2026

MT Newswires Live06-19

BYD (HKG:1211) plans to sell its seven-seater Great Tang sport utility vehicle (SUV) in Europe by the end of 2026, building on strong demand for the vehicle on a domestic level, Bloomberg News reported Thursday.

The automaker's all-electric Great Tang will launch in Europe and the Asia-Pacific (APAC) region by the end of this year or early next year, the news agency cited a senior company executive, Stella Li, in an interview in Rome.

The model has witnessed more than 150,000 orders since its introduction at the Beijing Auto Show in April, comprising 100,000 bookings within the first two weeks of presales, Li, who is also BYD's executive vice president, said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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