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NEWS TAGGED BYD
Wednesday 17 May 2023
BYD acquires another plot in Guangdong to establish automobile industrial park
China-based BYD took a step forward to build an automobile industrial park in Guangdong. The Shenzhen government announced on May 15 that the EV maker obtained an over-520,000-square-meter...
Monday 8 May 2023
BYD to make electric vehicles in Vietnam in Southeast Asia push
BYD Co. plans to produce electric vehicles in Vietnam and expects support from the country's government to do so, the Southeast Asian nation said following a May 5 meeting between...
Monday 8 May 2023
LGES remains top battery supplier for EVs in non-China markets
South Korea-based SNE Research released the ranking of battery usage for EVs in non-China markets on May 8. LG Energy Solution retained the crown with a global market share of 28%...
Monday 8 May 2023
Tesla reportedly starts making EVs with BYD's batteries in Germany
Tesla and BYD have reportedly moved their relationship to a new stage. According to Germany-based Teslamag, Tesla started manufacturing Model Ys with batteries from BYD at...
Friday 28 April 2023
BYD posted more than 400% profit growth in 1Q23 amid EV price war
Amid an EV price war in China and elsewhere, BYD saw a sharp annual increase in profit; however, a sequential decline in profit reflects the impact of the price war.
Wednesday 26 April 2023
BYD overtakes Volkswagen as China's best-selling car brand
BYD Co. is China's best-selling car brand for the first time, dethroning Volkswagen AG as it continues its meteoric rise.
Monday 24 April 2023
BYD $11,450 EV hatchback set to reshape China's first-car market
A new electric hatchback starting from just 78,800 yuan ($11,450) from BYD Co. is set to intensify competition in China's already crowded entry-level car market.
Thursday 20 April 2023
Tesla likely to see its gross margin fall below 20%, say sources
There is a likelihood for Tesla to see its gross margin fall below 20% sooner or later, according to sources in Taiwan's electric vehicle (EV) supply chain.
Tuesday 18 April 2023
Tesla, BYD hold different visions for autonomous vehicles
Tesla CEO Elon Musk has been eyeing the development of L4 to L5 high-end self-driving vehicles with the goal of rolling out driverless taxicabs (Robotaxi), while BYD chairman Wang...
Tuesday 11 April 2023
BYD launches self-developed body control system featuring vertical motion control
China-based EV maker BYD unveiled its DiSus Intelligent Body Control System designed for new energy vehicles (NEV) on April 10. The system, which features vertical motion control,...
Monday 10 April 2023
Three reasons why BYD sees hope for China's EV industry
Wang Chuanfu, the Chairman of BYD, shared his optimistic views for China's new energy vehicle (NEV) industry in 2023, where he saw three opportunities presented to the industry. First,...
Monday 10 April 2023
BYD's bold goal: outsell Tesla
In the first quarter of 2023, Tesla delivered a record high of 422,900 electric vehicles, with average monthly sales of approximately 140,000 units. However, in March 2023, BYD's...
Friday 31 March 2023
BYD chairman says the company aims to be China's largest automaker in 2023
A day after reporting its robust profits in 2022, BYD said it is striving to become the largest carmaker in China by the end of this year. As the first quarter gets close to the end,...
Wednesday 29 March 2023
BYD enjoys 445.86% profit growth in 2022, expects promising 2023 with overseas expansion
BYD finished 2022 strong despite facing multiple challenges. Increasing new energy vehicle (NEV) sales benefited the EV maker's revenue and profits. It reported CNY16.62 billion (US$2.4...
Tuesday 28 March 2023
Global IGBT shortage worsens on Tesla policy change
The global shortage of industrial and automotive IGBTs is being exacerbated as Tesla is likely to use more insulated IGBTs in its future EVs under its 75% SiC cut plan. This paves...
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