BYD Plans to Launch First Electrified Pickup Truck This Year
CHINESE electric vehicle (EV) juggernaut BYD plans to launch its first electrified pickup truck for the global market later this year, throwing down the gauntlet to Toyota Motor’s popular HiLux, Ford Motor’s Ranger and Isuzu Motors’s D-Max. Photos released by…
A Quarter Of EVs Sold In Europe This Year Will Be Made In China, NGO Predicts
In Europe, electric vehicles made in China are common, even though it might not seem like it at first. Last year, out of the roughly 300,000 EVs sold in the European Union, 19.5% were made in China, and that number…
BYD Unveils $233,450 EV to rival Ferrari, Lamborghini
BYD Co debuted its most expensive car on Sunday, a 1.68 million yuan ($233,450) high-performance fully-electric supercar pitted against gas-guzzling options offered by rivals such as Ferrari NV and Lamborghini. The Yangwang U9 will initially be for the China market,…
China’s BYD and US EV Rival Tesla Gain Favour with Norway’s US$1.5 Trillion Wealth Fund
Norway’s US$1.5 trillion wealth fund boosted its holdings in Tesla and Chinese electric vehicle leader BYD in 2023 as the companies scaled up production of plug-in cars. Tesla moved up to the fund’s 11th biggest holding at the end of…
BYD’s First Chartered Vessel Sets Sail with 5,000 EVs for Europe
BYD’s first chartered vehicle vessel has set sail from China’s southern city of Shenzhen, carrying more than 5,000 electric vehicles to Europe, state media Xinhua reported on Tuesday. Chinese automakers including BYD, Chery Automobile and SAIC Motor have been placing…
China’s BYD overtakes Tesla for Most EV Sales
U.S. car maker Tesla has lost its crown for most sales of all-electric vehicles to Chinese firm BYD, which has capitalized on Beijing’s strong government support for the burgeoning sector. The U.S.-based car manufacturer run by billionaire Elon Musk delivered…
China’s BYD picks Hungary for its First European Electric-car Plant
BYD plans to build its first European car factory in Hungary, part of a push by the Chinese electric-vehicle powerhouse to challenge Tesla as the dominant maker of battery-powered cars. The plant in the southern city of Szeged will produce…
China’s BYD to sell Midsize Electric Bus in Japan
China’s leading electric vehicle (EV) manufacturer BYD will start to sell a new model of midsize electric bus in Japan to meet the growing demand for green public transportation. The J7 midsize electric bus tailored for the Japanese market has…
KG Mobility Partners with China’s BYD to Manufacture Electric Vehicle Battery Packs in South Korea
KG Mobility is set to build a battery pack manufacturing plant in South Korea, leveraging the technology of BYD, China’s largest electric vehicle manufacturer. On Nov. 1, KG Mobility announced that it had signed a “Battery Pack Factory Construction and…
China EV Maker BYD Reports Record Quarterly Profit of $1.42 bln in Q3
China EV maker BYD reports record quarterly profit of $1.42 bln in Q3 Reuters / UPDATED: OCT 30, 2023, 19:12 ISTB YD logged 22.12% in third-quarter gross profit margin, compared with 18.73% in the second quarter, according to Reuters’ analysis…
