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.
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.
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.
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...
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,...
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,...
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...
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,...
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...
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...
Leading Chinese automaker BYD reportedly is enforcing production cuts in response to sluggish China market demand, casting clouds over the shipment prospects for automotive chips...
China automaker BYD has newly invested in Chinese AI chip startup Kunlunxin Technology, aiming to enhance its deployment in automotive AI chips solutions.
Chinese carmaker BYD has reportedly registered a new trademark, "Yun-nian" (cars adorned with cloud patterns), according to several Chinese media outlets. Sources were cited as saying...
Worldwide sales of electric vehicles (EV) increased 55% to 10.1 million units in 2022, according to Canalys. China was by far the largest EV market last year, accounting for 59% of...
