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Electric Vehicles
BYD Expects at Least $4 Billion in Net Income From Surging EV Sales
After a record EV sales year, BYD expects to rake in at least $4 billion in net income. BYD forecasts its profits rising at least 75% last year.BYD expects at l…
Electric Vehicles
BYD Overtakes VW's 15-Year-Run as Top Seller in China
China’s behemoth BYD overtook Volkswagen as the best-selling car brand in China last year, the first time any carmaker outsold the German brand since at l…
Electric Vehicles
Euro 2024 E-mobility Partner Is … BYD!
Well, this is an interesting turn of events. The Euros is one of the biggest things in Europe. Football (soccer) is the biggest sport in Europe, and the Euros i…
Electric Vehicles
Tesla Slashes Prices Across Europe on Model Y
Tesla has slashed the prices of its Model Y across Europe this morning, after it reduced prices of its Model 3 and Model Y prices in China to undercut BYD, acco…
Electric Vehicles
BYD Eyes Lithium Giant Takeover as It Expands Its EV Battery Business
China’s leader EV maker, BYD, has held active discussions with lithium producer Sigma Lithium as it looks to expand its battery business.After topping Tes…
Electric Vehicles
BYD Starts Shipping EVs on Explorer No. 1
As BYD announced a little more than a month ago, it is getting into the ocean vessel business. The world’s top seller of electric vehicles has started buy…
Electric Vehicles
BYD Breaks Ground on Its First Sodium-Ion EV Battery Plant
The world’s largest EV maker, BYD, broke ground on its first sodium-ion battery plant this week. BYD is investing $1.4 billion (RMB 10 billion) with 30 GW…
Electric Vehicles
Xpeng Sees 171% Growth in 4th Quarter
XPeng is no BYD or Tesla — it’s far away from the nearly 2 million BEV sales those companies reached in 2023. Nonetheless, it continues to grow strongly …
Electric Vehicles
BYD Is The 1st Company To Sell 3 Million Plugin Vehicles In A Year
BYD Beats Its 3 Million Vehicle Sales Target For 2023I wrote earlier today about BYD shooting past Tesla to become the #1 best selling BEV producer in the world…
Electric Vehicles
BYD to Build New Energy Passenger Vehicle Factory in Hungary for Localized Production in Europe
BYD will build a manufacturing and production center in Szeged, Hungary. The facility will be the first of its kind built by a Chinese automotive company in Eur…
Electric Vehicles
BYD Looks to Further Electrify Europe, Selecting Hungary for Its First EV Production Facility
As Chinese EV automaker Build Your Dreams (BYD) closes in on current global sales leader Tesla, a massive factor in its strategy includes expansions in the EU. …
Electric Vehicles
BYD's New Tesla Model Y-Rivaling Electric SUV Earns Over 8K Orders in Impressive Debut
BYD Song L electric SUV (Source: BYD)The EV race is heating up as BYD looks to catch Tesla in global sales into the end of the year. Its newest electric SUV, th…
Electric Vehicles
Move Over Tesla: BYD Has Caught up and Is Expected to Take the Lead in Global BEV Market Share
As we navigate the final half of the last month of 2023, there’s a genuine chance that Chinese automaker Build Your Dreams (BYD) will take the crown from …
Electric Vehicles
Nissan Will Export EVs Made in China Globally to Compete With Tesla and BYD
As global EV sales climb, Nissan looks to compete with leaders like Tesla and BYD. Nissan now plans to export EVs made in China globally to drive down costs and…
Electric Vehicles
BYD, Tesla Expand Their Share in Global EV Market: Q1-Q3 2023 Ranking
More than 9.4 million plug-in electric cars were sold during the first nine months of 2023, accounting for about 16 percent of the total car sales globally. Tod…
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