BYD Atto 3 Electric SUV Outsold Tesla Model Y In Sweden Last Month
The Tesla Model Y was Europe’s best-selling car overall in the first half of this year, but competition from Chinese automakers is already starting to show its teeth. While it may or may not be a sign of things to…
China’s Largest Carmaker BYD Faces Tax Investigation In India
Chinese automaker BYD is under an ongoing investigation by the Directorate of Revenue Intelligence (DRI) over allegations of underpaid taxes on imported parts used in its assembled cars sold in the country, reported news agency Reuters. The DRI claims that…
BYD’s Electric Car Manufacturing Plan in India Faces Political Scrutiny, Wants To Drop $1 Billion EV Investment Plan
BYD, the world’s largest producer of electric vehicles (EVs) and plug-in hybrid vehicles, is facing potential challenges with its electric cars manufacturing plan in India. The Indian government has been subjecting investments from Chinese companies to closer scrutiny since 2020,…
BYD Widens Lead Over Volkswagen As China’s Top-Selling Car Brand
BYD extended its lead over Volkswagen as China’s top-selling carmaker, with its wide range of electric vehicles (EV) proving hugely popular among local buyers. After dethroning the German giant for the first time earlier this year, BYD notched up 595,300…
India Blocks $1 Billion Bid By China’s BYD to Set Up EV Factory
India rejected Chinese carmaker BYD Co.’s proposal to build a $1 billion electric-vehicle plant in partnership with a local company, according to people with knowledge of the matter. The Indian government dismissed the plan from BYD and Hyderabad-based Megha Engineering…
Toyota Recalls 12,000+ EVs Developed With Warren Buffett-backed BYD In China
BYD, the China electric vehicle and battery leader backed by Warren Buffett’s Berkshire Hathaway, said on Sunday sales of new energy vehicles nearly doubled in June from a year earlier to 253,046 from 134,036 a year earlier, underscoring the popularity…
Olectra Greentech’s Partnership With BYD Motors And Megha Engineering in India Rejected
Olectra Greentech, a unit of MEIL, has been working with Chinese electric vehicle giant BYD Motors to develop electric buses. However, the Indian government has rejected a plan by BYD Motors and Megha Engineering and Infrastructures Ltd (MEIL) to set…
Govt Rejects Chinese BYD Motors’ Plan To Build $1 bn EV Plant
As the government gears up to welcome Elon Musk’s Tesla to set up a supply chain ecosystem in the country in the foreseeable future, the Centre has reportedly rejected Chinese electric vehicle (EV) giant BYD Motors’ plan to set up…
China’s Denza to Add New Models in Global Expansion
Denza, the Chinese brand operated jointly by BYD and Mercedes-Benz, reaffirms its global expansion plans with the confirmation of five more new production models at the unveiling of its T8 SUV. Established in 2010, the Shenzhen, China-based company plans to…
$1 Billion Factory In India, Sodium-Ion Batteries In China
Tesla announced it plans to construct a manufacturing plant in India which will produce a car that sells for under $25,000. And why not? India is the largest country in the world by population and has the fourth largest new car market….
