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The Latest Breaking News from BYD

Tesla among electric carmakers forced to cut prices as market stalls

EV sales have plateaued across the world but the newfound glut of vehicles may just be temporary

The Guardian - UK

Shanghai Composite Index Rose 1.17% on Friday

Shenzhen Component Index closed up 2.15%

Caixin Global

China's Largest Auto Show Highlights All-Electric Future

Discover the electric future of the automotive industry showcased at AUTOSHOW-CHINA, emphasizing sustainability and China's leadership in electric mobility.

Top News

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Car Giants Vie For EV Crown At Beijing's Auto China Show

Chinese car giants locked in a cut-throat price war descend on the capital for the start of the Auto China show Thursday, vying to draw consumers and headlines in the world's biggest electric vehicle market and abroad.

International Business Times

BYD Shark Is China’s New Plug-In Hybrid Pickup Truck

The BYD Shark is an upcoming Ford Ranger-sized plug-in hybrid pickup truck that may also get a fully electric version.

InsideEVs

Ute-turn: electric, hybrid utes ready for Aussie launch

Electric and hybrid utes are queuing up to launch in Australia following policy changes, and experts say they offer benefits which could attract new fans.

AAP

Are Chinese electric vehicles taking over the world?

Tesla and other Western electric car manufacturers are facing stiff competition from China.

Al Jazeera

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China Auto Sector Steps Up Europe Push With Spain Plant

Chinese carmaker Chery signed a deal Friday to produce mainly electric vehicles in Spain, as Beijing's auto sector pushes ahead with plans to expand into Europe despite growing competition concerns.

International Business Times

‘No Incentives For You,’ Mexico Tells Chinese Carmakers After U.S. Pressure

In a win for American automakers, Mexico said it won't award any incentives to Chinese factories and has paused all future discussions with Chinese OEMs.

InsideEVs

Top EV Carmakers By Sales In Q1 2024: Tesla Vs. BYD

During the first quarter of 2024, Tesla once again sold the highest number of all-electric cars—noticeably more than BYD, which won in Q4 2024.

InsideEVs

BYD Introduces Three New Off-Road Models In Fangchengbao Lineup

BYD introduces three new off-road models in the Fangchengbao lineup, showcasing durability and innovation for off-road enthusiasts.

Top News

BYD Yuan UP Is Good And Cheap: Video

China-based YouTube channel Wheelsboy is super impressed with the $14,000 EV crossover.

InsideEVs

Tesla To Cut 14,000 Jobs Worldwide Amid Declining Sales And Increased Competition

Electric vehicle manufacturer Tesla is implementing significant workforce reductions, amounting to over 10% of its global staff, or at least 14,000 roles, amid declining sales and intensified competition in the electric vehicle market.

International Business Times

Tesla Might Pivot To Robotaxis. Does It Have A Death Wish?

Much of Tesla's stock price was seemingly hinged on sales growth. Without an entry-level $25,000 car, where will the brand's growth come from?

InsideEVs

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InsideEVs

China Paid Billions In Aid To Local EV Makers, Including Tesla, To Dominate The Market: Study

BYD was the biggest beneficiary of China’s support scheme, raking $3.7 billion in direct subsidies, followed by Tesla.

InsideEVs

Chinese Electric Cars Are Clogging European Ports: Report

As China's EV overcapacity concerns increase, a logistical nightmare is unfolding in Europe.

InsideEVs

Global Plug-In Car Sales Increased 3% In February 2024

830,783 new passenger plug-in electric cars were registered globally in February (about 3% more than a year ago). The market share amounted to roughly 13%.

InsideEVs

The U.S. Won’t Let China Flood Its Auto Market, Treasury Secretary Says

The treasury secretary told her Chinese counterparts that industrial overcapacity was a concern for U.S. automakers.

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InsideEVs

BYD Releases Camouflaged Photos Of EV Truck For Global Markets

BYD says this truck will surpass the Toyota Hilux in size. It could end up in markets like Mexico or Australia.

TechRadar

Are the wheels falling off EVs? Tesla and BYD both report a big slowdown in sales

Sales of electric vehicles have slowed in the first quarter of 2024 for some of the world's biggest automakers. Could this spell trouble for EV technology in general?

AAP

Electric car price war resumes as one brand sets record

The price of the cheapest electric vehicle in Australia has dropped again, in a move experts say shows the fuel-efficiency standard is already working.

Axios

"Unmitigated disaster": Tesla's Q1 deliveries shocker could be temporary, or worse

Analysts are voicing "continued concerns" surrounding Tesla demand in the face of stiff competition.

InsideEVs

China Plug-In Car Sales Decreased In February 2024

Roughly 440,000 new passenger plug-in electric cars were registered in China in February, 9% less than a year ago. That's about a third of the market.

Top News

Tesla Expected To Reclaim Top EV Seller Title

Tesla faces challenges in 2024 but is expected to regain top spot in EV sales. BYD and Tesla encounter difficulties amidst market shifts and competition.

Top News

BYD's Q1 Sales Decline May Cost Top EV Seller Title

Tesla challenges BYD as top EV seller in China amid declining sales and Tesla's growth.

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