In a recent investors meeting, BYD revealed its possible sales target for this year along with some other information. Apparently, the company’s undelivered orders have racked up and reached 400,000 units, showcasing strong demand for its vehicles.

The Chinese automobile maker’s cumulative undelivered orders have hit 400,000 vehicles. This marks another rise month on month. Meanwhile, the brand had expected to conservatively expects to sell 1.5 million automobile units this year. Although, the company estimates that this figure might go up to 2 million if the supply chain improves over the next couple of months. According to an ITHome report, the company’s Han DM-i based electric vehicles saw robust demand after its launch.

Furthermore, it is expected that the monthly sales of the Han series will also surpass 30,000 units as well. BYD projects that the current rise of raw marterial prices is slowing down; so, if the cost of lithium carbonate remains at the current price, the supply constraints won’t have a major impact on the sales of its new energy vehicles this year. Thus, BYD is expected a penetration rate of new energy vehicles to cross 35 percent this year, or possibly even hit 40 percent.

Notably, we had previously also reported on the company announcing its first overseas sales of its DM-i based EVs. It had already shipped 500 units to Colombia, which has been a staple region for the brand in recent years. This implies that the estimation also includes the relatively smaller foreign market that it targets along with its strong domestic demand.

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BYD is working on a new refreshed model of its Han EV. But prior to its launch, the Ministry of Industry and Information Technology shared the list of the latest batch of new energy vehicle models (NEV), which revealed some interesting information about the upcoming EV.

According to an ITHome report, the maximum cruising range of the new Han EV has been upgraded from 605 kilometers on the current model to 715 kilometers on the upcoming version. Furthermore, the Chinese automobile manufacturer is apparently also planning on launching another model that has a cruising range of 610 kilometers as well. Although, both the newer variants will be equipped with a battery pack of 85.44KWh.

The version with the 610 kilometer range is equipped with dual motors, with one on the front and one on the rear. The former packs a maximum power of 180kW while the latter has a 200kW motor, along with a peak torque of 350N.M. On the other hand, the 715 kilometer range model is only equipped with a single front motor that has a maximum power of 180kW and a peak torque of 350N.M as well.

The report adds that the car will feature a design similar to its predecessor, although, the front grille is slightly enlarged. The new BYD Han EV will also have a logo placed on the this front region that is built for air intake. Unfortunately, the report did not reveal any finer details regarding this upcoming model like its pricing or availability. So stay tuned for more updates.

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