China to sell electric vehicles in Japan in 2023

Mon, 30 Jan 2023

China to sell electric vehicles in Japan in 2023

Robert Besser
08 Dec 2022, 22:11 GMT+10

China's BYD Co's said it would start selling its first electric vehicles in Japan early next year
China's BYD, in which the American Berkshire Hathaway owns a stake, said it will roll out ATTO 3, an electric sports utility vehicle in Japan starting January 31
The car will have a cruising distance of 485 kilometers and cost $32,735.66

TOKYO, Japan: China's BYD Co's said it would start selling its first electric vehicles in Japan early next year.

China's BYD, in which the American Berkshire Hathaway owns a stake, said it will roll out ATTO 3, an electric sports utility vehicle in Japan starting January 31, with a cruising distance of 485 kilometers and costing $32,735.66.

In comparison, Nissan Motor Co's electric Leaf standard model has a cruising range of 322 kilometers and costs about $27,000.

BYD's Japan outlets are set to introduce two more models by the end of 2023 and open more than 100 dealerships in Japan by the end of 2025, the company said.

Gasoline-electric hybrid models remain more popular than electric vehicles in Japan. However, the share of the battery-driven vehicles is expected to grow, partly due to non-Japanese automakers like BYD and Volkswagen making their way into the market.

BYD's Japan division is planning to set up tentative retailers starting late January in 22 cities, but is eager to cover all 47 prefectures, said Atsuki Tofukuji, BYD Auto Japan Inc chief executive.

"We hope that we can make our presence felt little by little as we work toward carbon neutrality and as our customers demand a variety of choices," he said.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Asia Bulletin.

More Information

27 ℃

Heavy Rain in Seletar

International

Section

Exec for Juan Valdez coffee sentenced to jail in $900,000 theft

NEW YORK CITY, New York: After being convicted of stealing more than $900,000 from the company, Rosita Joseph, former executive ...

US arms exports rise 49 percent in fiscal 2022

WASHINGTON D.C.: The US State Department has said that in the latest fiscal year, US military equipment exported to foreign ...

Long-awaited return of tourists finally arrives in Macau gambling hub

MACAU CITY, Macau: Over the Lunar New Year holiday, Macau, the world's largest gambling hub, witnessed a resurgence of tourists ...

Senator Josh Hawley will introduce law to ban TikTok throughout US

WASHINGTON D.C.: Republican US Senator Josh Hawley has said that he plans to introduce a bill to ban the use ...

US says lead levels too high in baby food, orders reduction

WASHINGTON D.C.: This week, the US Food and Drug Administration (FDA) proposed significant limits on levels of lead in processed ...

Finland, Sweden expected to quickly join NATO

WASHINGTON, D.C.: Finland and Sweden are prepared to join the NATO alliance, the U.S. State Department announced this week.The move ...

Business

Section

Merger talks underway between cigarette makers, Juul e-cigarettes

WASHINGTON D.C.: The Wall Street Journal has reported that e-cigarette maker Juul and three tobacco giants are negotiating potential sale, ...

Tesla pins hopes on new Nevada battery factor to bring down prices

AUSTIN, Texas: Tesla gas announced an investment of more than $3.6 billion to expand its Nevada Gigafactory complex with the ...

Opposition rising to US tax credits for EVs not meeting sourcing rules

WASHINGTON D.C.: US Senate Energy and Natural Resources Committee chair Joe Manchin has introduced legislation that imposes battery sourcing requirements ...

Singapore says core inflation up 5.1 percent in December

SINGAPORE: In December, Singapore saw its key consumer price gauge rise 5.1 percent, higher than predicted, official data said. However, ...

Weak 2023, predicts US defense contractor General Dynamics

RESTON, Virginia: Amidst labor and supply shortages, US defense contractor General Dynamics forecasted weak 2023 results, though strong demand for ...

Serta Simmons mattresses seeks bankruptcy protection

ATLANTA, Georgia: In light of its significant debt, the slowing economy and rising interest rates stifling consumer demand, US mattress-maker ...

Movie Review

The Seventh Continent (Der siebente Kontinent)

Seventh Continent