BYD’s Luxury Brand Denza To Release Three More Models This Year: CEO
Denza, a luxury auto brand majority-owned by China’s BYD, said on Monday that it plans to introduce three new electric vehicle models this year as part of its bid to seize market share, Chinese media reported, citing BYD’s chairman Wang…
China’s All-Electric Fleet Is Entering Europe
Days ago, BYD announced the first shipment of 100 all-electric BYD Tang SUVs had left the Port of Shanghai, bound for dealerships in Norway near the end of this summer, with 1,500 slated for delivery before 2022, according to a…
Warren Buffett-Backed Chinese Electric Car Company Outsells Its Start-Up Rivals
Chinese automaker BYD is selling far more luxury electric sedans a month than the leading start-ups in the country, even though sales of electric passenger cars fell 11% last year. BYD, backed by American billionaire Warren Buffett, disclosed that sales…
MEG Announces Purchase Agreement For 2,000 Units Of D1, BYD’s Custom Electric Ride-Hailing Vehicle
Ideanomics announces that its Mobile Energy Global (“MEG”) and its contracting entity Qingdao Chengyang Medici have signed an agreement with Meihao Chuxing, a joint venture between BYD and Didi, to purchase an initial 2,000 units of model BYD D1. The…
BYD’s EV Battery Recycling Goes Global With Itochu
Chinese electric vehicle maker BYD will transform old EV batteries into power storage for renewable energy and factories across the globe in a new partnership with a Chinese startup and Japanese trading house Itochu. The ship-container-sized power units will begin…
New BYD EV Platform To Come In 2021
According to the most recent reports from China, Lian Yubo, senior vice president of BYD, hinted at a new EV platform scheduled for market launch in April 2021. The new models, based on this new platform, should have cost, range…
China’s BYD, Japan’s Hino Announce Electric Truck Venture
CHINESE electric car brand BYD Auto and Japanese truck maker Hino Motors said Wednesday they are jointly setting up a company to develop battery-powered trucks and buses. The venture is one of a series of tie-ups between Chinese and foreign…
Chinese Electric-Vehicle Maker Backed By Warren Buffett To Supply Electric-Car Parts To Rivals
BYD Co., the Chinese electric-vehicle maker backed by Warren Buffett, will start offering a full suite of EV components to rivals and aspiring auto manufacturers to diversify its revenue sources amid sputtering car demand. Among the parts that the Shenzhen-based…
