At Auto Shanghai 2021 on April 27, 2021, visitors to the automaker’s booth will walk past BYD Tang and other electric vehicles.
Qilai Shen | Bloomberg | Getty Images
BEIJING – Chinese automaker BYD announced on Monday that it has shipped the first batch of vehicles for a planned delivery of 1,500 electric cars to Norway by the end of this year.
The company, backed by U.S. billionaire Warren Buffett, said 100 units of its all-electric Tang SUV were shipped from Shanghai on Monday and are expected to arrive at dealerships in Norway towards the end of the summer.
The cars are said to be sold for 599,900 Norwegian kroner (US $ 72,418) each, according to BYD. The company said it works with Scandinavian car dealer RSA for deliveries and customer service.
A representative from RSA did not immediately respond to a CNBC request for comment. The distributor’s official website contains a link to a page about BYD Norway.
The gateway to Europe for Chinese start-ups
Chinese electric car start-ups Xpeng and Nio are also penetrating Norway, where electric vehicles have dominated new car sales for the past three years, according to the Norwegian Road Association.
Xpeng said it shipped more than 300 units of its G3 SUV to Norway in the first quarter after launching 100 cars in December. The start-up plans to launch an indefinite number of its P7 sedans in the second half of the year.
Nio plans to start delivering its ES8 SUV to Norway in September, with the ET7 sedan scheduled for delivery locally in 2022. The company will open a flagship store “Nio House” in Oslo in the third quarter.