Corporate News Release – July 5, 2025
Release time:
2025-07-05 09:53
Source:
Atexd
China's Power Demand Peaks as BYD Launches Innovative Hybrid Wagon; New EU Trade Measures Announced
Summary
Today's key developments include China's electricity grid hitting record demand (1.465 billion kW), BYD's launch of the world's first plug-in hybrid wagon with built-in refrigeration, and China's imposition of anti-dumping duties on EU brandy. Meanwhile, WeChat upgraded its backup features, and AITO achieved record EV deliveries.
1. National Electricity Load Reaches All-Time High
China's power grid recorded unprecedented demand on July 4, with total load reaching 1.465 billion kilowatts – a 15% increase year-over-year. The Eastern China grid bore the heaviest burden at 422 million kW, with air conditioning systems responsible for 37% of consumption.
Key challenges:
- Enhanced grid flexibility to manage renewable energy fluctuations
- Peak-shaving solutions for commercial/residential cooling
- Regional power-sharing mechanisms
Source: National Energy Administration
2. BYD Disrupts Market With Refrigerator-Equipped Wagon
The Seal 06DM-i Wagon breaks new ground as the first PHEV wagon in global mass production.
Standard features include:
- 15.6" rotating center display
- -30°C to +50°C-capable fridge (5L capacity)
- Vehicle-to-load (V2L) power output
Pricing strategy: Starts at ¥109,800 (~$15,100), undercutting European competitors by 40%
Available at all BYD 4S stores from today
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