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The Latest Breaking News from BYD

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.

Businessweek

BYD Set Massive Plug-In Car Sales Record In May 2023: 240,000

BYD, not only does not slow down, but even accelerated its global plug-in car sales in May, more than doubling the volume and reaching new record levels.

InsideEVs

BYD overtakes LG as world's No.2 EV battery supplier

BYD, backed by Warren Buffett's Berkshire Hathaway, has gone past LG Energy Solution as the world's second-largest electric vehicle (EV) battery producer, reinforcing China's dominance of the industry as EV adoption picks up pace globally.

Bangkok Post

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Tesla And Buffett-Backed BYD Lead EV Revolution, Leaving Japanese Automakers In The Dust: Report

Tesla and BYD are the leaders of the ZEV transition with Tesla a few steps ahead of its Chinese rival

Zenger

The two types of people renting EVs in Newcastle

It costs about $3.75 to recharge an electric vehicle.

Newcastle Herald

Japanese Automakers Fail Miserably: Tesla & BYD Lead EV Space (Report)

A new study ranks automakers based on the current success of their transition to EVS. No brands even come close to Tesla or BYD, and some are despicable.

InsideEVs

Great Wall plans $30m local battery venture

China’s Great Wall Motor is finalising plans to invest up to $30 million to set up a new battery pack assembly plant in Thailand, where it will start making a compact electric car next year, according to a company executive.

Bangkok Post

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China's largest EV maker eyes SE Asia dominance

BYD Co, China's largest electric vehicle manufacturer, has begun to penetrate the Southeast Asian market to challenge the stronghold held by Japanese automakers in the region.

Bangkok Post

Elon Musk Once Laughed At BYD, Here's What He Thinks Now

Tesla's CEO said BYD cars are now highly competitive, adding that a lot has changed since 2011 when he dismissed the Chinese company as a potential Tesla rival.

InsideEVs

Elon Musk admits BYD cars ‘are highly competitive these days’ after 2011 clip shows him laughing at the rival now trouncing Tesla in China

“I don’t think they have a great product," Musk said of BYD in 2011, adding it wasn't a Tesla competitor in his mind.

Fortune

How electric vehicle batteries could save the UK auto industry

The UK may have lost Eurovision this year, but it recently beat European rivals for an arguably more valuable prize. Jaguar Land Rover (JLR) is expected to build a multi-billion-pound electric vehicle (EV) battery plant in the UK rather than Spain – welcome news for British car makers. After decades…

The Conversation

Ford's Farley: 'We see the Chinese as the main competitor, not GM or Toyota'

Ford Motor Co. CEO Jim Farley is looking further afield than the Dearborn, Michigan, automaker's traditional rivals as the company charts a future defined by electric, digitally-connected vehicles: namely, to China.

Tribune News Service

China auto giant BYD denies claims its cars failed emissions test

Electric auto giant BYD on Thursday denied accusations levelled by a rival carmaker that two of its models failed China's strict emissions standards.

Bangkok Post

Toyota, GM, VW, BMW Others To Lose In China As Gas Car Age Is Ending

China is home to the largest auto market in the world and a key market for EVs. Many legacy brands have been slow to embrace EVs, and it stands to haunt them.

InsideEVs

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Fortune

Ford CEO promises a new electric SUV he calls a ‘personal bullet train’

The U.S. automaker wants to escape being crushed in between EV heavyweights Tesla and BYD by focusing on segments that won’t be commoditized so quickly, a fate that befell its Mustang Mach-E.

InsideEVs

Tesla Model Y Batteries: Advantage Of BYD Over CATL

Tesla now uses different battery chemistries in different versions of some of its models. Should you choose the EV based on the battery cells?

Zenger

Tesla’s Strategy Of Slashing Prices Puts Other Automakers Under Pressure Slimming Profit Margins

Warren Buffet-backed company BYD is expected to enter the US market as it is ready to offer cheaper EVs against the competitors.

InsideEVs

BYD May Release Safety Tech To Battle Tesla's Autopilot System

Tesla and BYD are already top rivals, and according to reports, the Chinese automaker is about to up the ante with a new advanced driver-assist system.

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Fortune

Ford is exploring cutting operational costs in China and reportedly considering layoffs

Ford looks to stay competitive in China and considers downsizing to "drive a lean and agile organization."

InsideEVs

Watch BYD’s Yangwang U8 SUV Do Full Tank Turn, Drive Off-Road

The Chinese Yangwang brand might well become the first EV maker to sell a passenger vehicle that’s capable of doing a tank turn.

InsideEVs

World’s Top 5 EV Automotive Groups Ranked By Sales: Q1 2023

More than 2.5 million plug-in electric cars were sold in the first quarter of 2023, accounting for about 13 percent of the total car sales globally.

InsideEVs

VW Annual Meeting No Piece Of Cake, Execs Take Heat Over China, EV Pace

VW Group was criticized over the alleged use of forced labor in China, as well as the slow EV transition and market share loss in China to BYD and Tesla.

Bangkok Post

China's EV price war expected to continue after discounts fail to ignite car sales

The ongoing price war in China's automobiles market is likely to continue as previous rounds of heavy discounts have failed to spur sales, dimming the earnings outlook for most of mainland China's carmakers.

InsideEVs

Global Plug-In Electric Car Sales Exceeded 1 Million In March 2023

March 2023 was the second best month for plug-in electric car sales around the world, with volume noticeably above 1 million units.

InsideEVs

BYD Cuts Seal Prices, EV Sedan Now 18% Cheaper Than Tesla Model 3

BYD has cut Seal prices by up to 11 percent in China as the local EV market is in the midst of a price war started by Tesla in January 2023.

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