Electric SUV, Sealion 07, unveiled by BYD in Nepal
BYD, the Chinese electric vehicle (EV) manufacturer, has made significant strides in Nepal's EV market, marking its entry into the country's passenger vehicle market in October 2022. This expansion is part of Nepal's broader push towards electric mobility, driven by supportive government policies, favorable financing, and clean hydropower electricity.
In Nepal, BYD currently offers five models on its distributor, Cimex Inc's, website: the Atto 3, Dolphin, Seal, M6 MPV, and the latest addition, the Sealion 07 EV. The Sealion 07, renamed Sealion 7 locally, is BYD's sixth model available in Nepal and its fourth pure electric vehicle in the country.
The Sealion 07 series is available in China as both the all-electric Sealion 07 EV and the hybrid Sealion 07 DM-i. The starting price for the Sealion 07 in Nepal is 7.499 million Nepalese rupees ($53,620), making it an attractive option for consumers.
Interestingly, the Seagull—a compact, affordable electric city car introduced by BYD in 2023 in China—has received substantial global interest due to its low price (under US$12,000), practicality, and efficient design. Given Nepal's enthusiasm for affordable Chinese EVs and the success of BYD models, it is plausible that vehicles like the Seagull or similar BYD models are part of BYD's future plans in Nepal, although no specific confirmation is available.
BYD's entry into Nepal's EV market began with the launch of the Atto 3, its first model in the country. However, the starting price for the Atto 3 in Nepal is not explicitly mentioned in the text.
BYD's global sales have been impressive, with the company selling 90,049 vehicles overseas in June, marking its seventh consecutive month of record sales. In June 2023, BYD Group sold 382,585 NEVs, up 11.98 percent year-on-year.
BYD is traded under the symbol BYDDF on the OTC Markets, providing investors with an opportunity to support the company's growth in the EV market. The company launched its new battery electric vehicle technology platform, e-Platform 3.0 Evo, in China on May 10, 2024.
For the latest official updates on BYD's specific models in Nepal, including the Sealion 07, checking BYD Nepal's official communications or dealerships directly would be advisable.
- BYD, the Chinese electric vehicle manufacturer, has entered Nepal's passenger vehicle market, marking its presence as a significant player in the country's EV sector.
- In Nepal, BYD currently offers five electric models on its distributor Cimex Inc's website, including the Sealion 07 EV.
- The Sealion 07, available in hybird and all-electric versions, is priced at 7.499 million Nepalese rupees ($53,620), making it an attractive option for consumers.
- The Seagull, an affordable electric city car introduced by BYD, has garnered substantial global interest due to its low price and practical design.
- Given Nepal's enthusiasm for affordable Chinese EVs and the success of BYD models, it is possible that future plans may include vehicles like the Seagull in the Nepalese market.
- BYD's impressive global sales surpassed 90,000 vehicles in June, marking the company's seventh consecutive month of record sales.
- Investors can support BYD's growth in the EV market by purchasing shares under the symbol BYDDF on the OTC Markets.
- For the latest information on BYD's specific models in Nepal, including the Sealion 07, it is advisable to check BYD Nepal's official communications or dealerships directly.
