China-based EV makers are expected to remain the front-runners in 2024. Wang Chuanfu, BYD's chairman and president, said China's EV penetration rate will continue to grow this year,...
China's automotive market is poised to see another round of price cuts as the Dragon year has just started. Leading EV maker BYD launched two new variants of plug-in hybrid EVs priced...
Latest data showed China has won the title of the world's largest automobile exporter for the first time, thanks partly to its leading EV expertise. The automotive industry has watched...
According to international media reports, the Chinese automotive market saw an unexpected sales performance in January from Volkswagen, which took first place in local production...
China-based EV maker BYD will likely establish a production base in Mexico, which could help establish its presence in North America and facilitate its entry into the US later. As...
BYD released a forecast about its 2023 financial performance at the end of January. The EV maker's net profits will not meet the market-expected CNY31.5 billion (US$4.41 billion)...
A seismic shift is underway in China's ever-evolving automotive landscape as emerging Tier 1 suppliers such as Huawei and DJI disrupt the traditional hierarchy. This influx of fresh...
China-based BYD took a step forward to localize its production in Europe. The automaker signed a preliminary land sales and purchase agreement with the municipality of Szeged, Hungary,...
China-based BYD saw its battery EV sales volume surpass Tesla in the fourth quarter of 2023, becoming the world's largest EV seller. BYD reduced its vehicle prices significantly at...
