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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 14 sources · 14 days · First seen · Last updated
Automotive industry luxury market expansion
Overview
Chinese and Japanese automotive manufacturers are expanding their presence in the luxury and high-tech vehicle markets.
BYD has initiated moves into the ultra-luxury segment through its Yangwang brand, developing prototypes for sedans featuring advanced LiDAR sensors to compete with established luxury marques. The company has also registered the M9 premium PHEV MPV in Indonesia. Concurrently, BYD is preparing to launch the third-generation Tang, a flagship SUV featuring a ‘spaceship console’ design, large integrated screens, and the second-generation Blade Battery.
WEY is also preparing for a fourth-quarter launch of the Lanshan, a luxury box-style SUV available in 5-seat and 6-seat configurations. In the maritime sector, Lexus has expanded its luxury offerings with the international launch of the LY680 luxury yacht.
Entities
BYD · Yangwang · Polda Metro Jaya · BYD Indonesia · Indonesia
Timeline
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[BUSINESS] 5 sourcesWEY and BYD prepare to launch new SUV models in fourth quarter
WEY and BYD are set to launch new SUV models in Q4, with WEY revealing the Lanshan luxury hybrid and BYD debuting the high-tech, spaceship-inspired third-generation Tang.
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[BUSINESS] 9 sourcesBYD and Lexus expand luxury market reach
BYD expands into ultra-luxury sedans and premium MPVs, while Lexus begins international sales of its LY680 luxury yacht. Meanwhile, mobile administrative services continue across Indonesia.
Sources
antaranews.com · cnevpost.com · cnmo.com · disway.id · electrek.co · ithome.com · jawapos.com · jogja.jpnn.com · m.jpnn.com · media.lexus.co.uk · otomotif.liputan6.com · pressroom.lexus.com · uzone.id · viva.co.id