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NEWS TAGGED BYD
Tuesday 23 January 2024
BYD eyes Tesla's crown, pours investment into smart car technology
The rivalry between Tesla and BYD will continue in 2024 and titles of the biggest producer and the sales king are up for grabs.
Friday 19 January 2024
Global EV market grows in 2023 while concerns for soft demand remain
Although the world has experienced an economic downturn and consumer spending decline, data from a South Korean research firm showed that the global EV market kept expanding in 2023...
Friday 19 January 2024
Chinese carmakers embracing LLMs to enhance smart cockpits and accelerate autonomous driving
Large language models (LLMs) are reshaping various industries, including the electric vehicle (EV) sector. As generative AI continues to evolve, integrating these models in vehicles...
Wednesday 17 January 2024
BYD Plans $14 Billion Investment in Smarter Car Features
BYD Co., the world's largest maker of electric vehicles, will invest 100 billion yuan ($14 billion) to develop smart-car features, its founder and chief executive officer said Tues...
Friday 12 January 2024
Research Insight: BYD keeps challenging Tesla with robust EV sales
According to the 2023 sales results of BYD and Tesla, BYD retained the crown of the world's top EV seller, with 3.02 million cars sold, exceeding its US competitor by nearly 1.22...
Friday 12 January 2024
CPCA saw 36.3% growth in 2023 Chinese passenger EV sales
The world's largest EV market benefited from a sales push at the end of 2023, achieving 7.74 million units in passenger EV sales last year.
Thursday 11 January 2024
Bolstered by China-based brands, Hiroca expects steady momentum in 2024
According to automotive parts supplier Hiroca Holdings, structural changes in the new car market in China have continued to impact order volumes from its main Japanese clients. However,...
Monday 8 January 2024
How Chinese carmakers' diverse chip procurement will affect IDMs remains to be seen
Supply chain sources said China-based automakers are considering using more cost-competitive commercial-grade chips in their cars. The move has raised a question about whether the...
Wednesday 3 January 2024
BYD beats Tesla in 4Q23 BEV sales
The world's two largest EV makers, Tesla and BYD, achieved record sales in the fourth quarter of 2023. BYD even dethroned its US competitor with a passenger battery EV sales volume...
Thursday 28 December 2023
Suppliers should gain resilience, cautious about the rise of Chinese EV makers
The emergence of China's homegrown automakers and EV companies has dramatically changed the world's largest car market. These companies have scaled up rapidly with the support from...
Thursday 28 December 2023
Chinese automakers' offense drives global car industry development
China's automotive industry reached a milestone in 2023. The country became the world's largest car exporter this year and saw the homegrown automakers occupy over 50% of the domestic...
Monday 25 December 2023
BYD confirms plan to build EV production base in Hungary
Chinese automotive giant BYD announced that it will construct an EV production plant in Hungary. As the company continues to experience overseas sales increase, the project is expected...
Wednesday 20 December 2023
Chinese auto interior parts provider enters Tier 1, with domestic clients quickly rising
Huang Sheng-Chang, CFO of Hiroca Holdings, an automotive interior parts manufacturer, mentioned in the firm's online earnings call on December 19 that BYD has accredited Hirosawa,...
Wednesday 13 December 2023
Chinese automakers step up in-house lithium battery development
Chinese automakers are investing in the self-development and manufacturing of lithium batteries, which is gradually generating results, according to industry sources.
Tuesday 12 December 2023
BYD to expand production capacity for automotive chips
BYD has stepped up its semiconductor business deployment, extending its Chengdu production location to add fab capacity for automotive chips, according to industry sources in China...