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The Latest Breaking News from BYD

Tesla offers cash rebate to China customers one day after agreeing to end EV price war

Tesla and its Chinese competitors have been locked in a months-long price war in a brutal battle for market share.

Fortune

Automakers In China Pledge To Restore Stability After Tesla’s Price War

Carmakers in China have signed a pledge to maintain a fair market order following a Tesla-triggered price war.

InsideEVs

3 China Stocks Smart Money Is Following

While worldwide counterparts saw weaker growth due to inflation and rising interest rates, China’s GDP soared in the first quarter of 2023. With the nation’s upward momentum expected to persist, it could be wise to load up on robust China stocks X Financial (XYF), China Automotive (CAAS), and Sunlands Technology…

StockNews.com

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Canberra uptake of Teslas like nowhere else in Australia

The brand is having a record-breaking year in Canberra in 2023.

The Canberra Times

'Global China' is a big part of Latin America’s renewable energy boom, but homegrown industries and 'frugal innovation' are key

The story of renewable energy’s rapid rise in Latin America often focuses on Chinese influence, and for good reason. China’s government, banks and companies have propelled the continent’s energy transition, with about 90% of all wind and solar technologies installed there produced by Chinese companies. China’s State Grid now controls…

The Conversation

BYD Plug-In Car Sales Surged In June 2023: Over 250,000 Sold

BYD has set another monthly record of global plug-in car sales in June, almost doubling the volume from the previous year.

InsideEVs

More electric car price cuts in Australia as sales soar

The price of another new electric vehicle has dropped below $40,000 in Australia on the same day the country recorded a record number of sales.

AAP

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JOHN MURDOCH'S DRIVE TIME: We sample the latest electric import from China and examine changes to the Cupra Ateca

BYD was only established in 1995 and made its name producing mobile phone batteries before going on to produce car batteries and eventually electric vehicles.

Daily Record

Threatened by shortages, electric car makers race for supplies of lithium for batteries

Threatened by possible shortages of lithium for electric car batteries, automakers are racing to lock in supplies of the once-obscure “white gold” in a politically and environmentally fraught competition from China to Nevada to Chile

The Independent UK

Buffett’s Berkshire Hathaway Reduces Stake In Chinese EV Maker BYD

Speculation arises over a divergence in investment strategies between Buffett and his deputy Charlie Munger.

Zenger

Fast-growing BYD launches Dolphin EV, Australia’s cheapest electric car. Here’s how it compares

Latest vehicle from Build Your Dreams, which in less than a year has become the country’s second-biggest electric vehicle seller, has a starting price of $38,890

The Guardian - AU

China’s Biggest EV Push Yet: A $72 Billion Package To Supercharge Demand

China is the world's largest EV market, which could expand even more with the new $72 billion package.

InsideEVs

Susco makes a move into EV services

Susco Beyond, a wholly-owned subsidiary of Thai oil retailer Susco Plc, continues to focus on non-oil businesses, including electric vehicles (EVs) under the BYD brand, to diversify from uncertainties in the oil business as prices fluctuate.

Bangkok Post

Nissan Takes the Long, Costly Road to Reusing EV Batteries

Rather than strip old cells for precious metals like Tesla or BYD does, the carmaker is working to repurpose them. It’s a painstaking, labor-intensive process.

Businessweek

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InsideEVs

BYD Dolphin Launches In Europe Starting At €29,990

BYD recently announced European pricing for the Dolphin. It'll start at £25,800 in the UK or €29,990 for the rest of Europe.

The New Daily

Tesla leads Australia’s EV surge as cheaper models expand market

There is an increasing gap opening up between those who want to buy an EV and those who intend to pay the top price for a Tesla.

The New Daily

MG launches spark electric car price war in Australia

An electric vehicle price battle is emerging after MG revealed plans to launch the cheapest electric car in Australia days before a rival.

The Guardian - UK

European truck makers ‘trail in global race to net zero’

DAF and Iveco among firms least prepared for move to zero-carbon tech, study claims

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news in one place.

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AAP

Electric car launches spark a price war in Australia

MG has revealed plans to launch the cheapest electric vehicle in Australia three days before rival BYD had promised to set a new price record.

The Week

BYD Atto 3 review: what the car critics say

Although you might not have heard of BYD (Build Your Dreams), the Chinese firm has been making EVs for years, said The Daily Telegraph. This model is the compact electric SUV with which it is aiming to enter the UK market. The car has an “ingenious” lithium iron-phosphate battery that…

InsideEVs

Chinese Car Group BYD Launches Fang Cheng Bao Brand, The Fifth In Its Portfolio

BYD, one of China's largest car manufacturers, has launched a new brand called Fang Cheng Bao, which will unveil a brand new SUV codenamed SF soon.

Bangkok Post

FDI to fuel a China-Asean shared future

In 2013, President Xi Jinping announced an initiative for China to work with Asean countries for a 21st century Maritime Silk Road to build a closer China-Asean community with a shared future.

InsideEVs

Global Plug-In Electric Car Sales Increased 70% In April 2023

Some 928,739 new passenger plug-in electric cars were registered globally in April. That's about 70% more than a year ago and about 14% of the total market.

InsideEVs

China: Plug-In Car Sales In April 2023 Exceeded 500,000

Some 539,563 new passenger plug-in electric cars were registered in China in April, which is 93 percent more than a year ago.

Businessweek

China’s BYD Is Racing Toward the Top of the Global EV Market

The Warren Buffett-backed automaker, the biggest car brand at home, has quickly expanded its clean-car sales in Asia, Europe and Latin America.

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