BYD posts record sales in China, buys German EV distributor to bolster European presence

Image: BYD

Chinese electric vehicle (EV) maker BYD announced it will buy Hedin Electric Mobility (HEM), one of the companies that distributes its EVs in Germany, as part of the Chinese compan...

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As BYD inches closer to Mexico plant, company eyes foray into Canada market

BYD is looking to enter the Canadian passenger vehicle market, according to a regulatory document the Chinese electric vehicle maker filed in July. Documents filed with authorities...

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BYD begins production of electric supercar that's faster than a Ferrari

Image: BYD

China's BYD, maker of some of the cheapest electric vehicles on the market, is heading upmarket with a vengeance. The company has begun manufacturing its first electric supercar, r...

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BYD to set up $1 bn EV plant in Turkey, ensuring access to European markets

Image: Turkey Directorate of Communications

BYD, the world's largest electric car maker, has agreed to invest $1 billion to set up a manufacturing plant in Turkey, with a deal signed in Istanbul between Fatih Kacır Mehmet, T...

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What EU tariffs will do to trade with China

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Imports of Chinese electric vehicles to Europe would drop 25 percent if the continent imposed a 20 percent import tariff on vehicles from the Middle Kingdom, according to a report ...

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US considering higher tariffs on clean energy goods from China; 100 percent levy on EVs

A lineup of electric vehicles manufactured by China's BYD, the world's largest maker of EVs. Image: BYD

The US is considering a 100 percent levy on Chinese electric vehicles --- four times as much as the 25 percent tariff levied at present --- news reports quoting unidentified govern...

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BYD marks seven millionth New Energy Vehicle, becomes first to the mark

Image: BYD

BYD, the world's biggest new energy vehicle (NEV) company, produced its seven millionth NEV car on March 25, becoming the first company to cross the milestone. The target was achie...

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BYD Americas chief says Mexico plant by year end, but no plans for exports to USA

Image Courtesy: Yahoo Finance

Chinese electric vehicle giant BYD has no plans of selling its passenger EVs in the US and finds the market "complicated" and "confusing", the CEO of its Americas operation said. S...

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Xpeng plans 30 new models to survive Chinese competition

The Xpeng G6 SUV Image: Xpeng

Chinese EV company Xpeng will launch 30 new models in the coming three years to survive what its Chairman and CEO He Xiaopeng called a 'sea of blood' --- the competition between Ch...

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BYD goes upscale, plans to launch multiple luxury models this year

The BYD Yangwang U8 has raised comparisons with the Range Rover. Image: BYD

Chinese carmaker BYD plans to launch a number of "high-end luxury" models by the end of this year, the company told the Hong Kong stock market in an exchange filing. The move refle...

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BYD takes aim at US market, evaluating EV plant in Mexico

Image: Business Wire

Chinese battery and electric vehicle powerhouse BYD is preparing to set up an EV factory in Mexico, the head of its Mexican operations told reporters. The company has launched a fe...

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Tesla plans LFP battery supply chain in Nevada gigafactory

Tesla is bringing its supply chain for lithium iron phosphate batteries (LFP) to the US, media reports suggest. The electric vehicle maker is looking to expand its battery facility...

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BYD begins construction of 30GWh sodium-ion battery plant in China

Song Lewei, secretary of the Municipal Party Committee, and Wang Chuanfu, chairman and president of BYD, signing of 10 billion sodium-ion battery project between Huaihai, Nov. 2023

After concluding 2023, with record-break sales of 3 million new energy vehicles, Chinese automotive major, BYD has achieved yet another milestone with the groundbreaking ...

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Eye on EV Charging: In China and Japan, charging networks are largely collaborative affairs

Image: BYD

Well distributed and easy-to-access charging networks will be a vital factor for faster adoption of e-mobility. The networks need to provide fast, reliable and sustainable charging...

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Daily Shorts: US offers $12 bn to retool car plants for EVs, Tesla reverses China price war

Equinor and BP want to increase the price of power from three planned offshore wind farms by 54 percent, and have cited "rampant inflation, global supply chain disruptions, soaring interest rates…” among the reasons for their application. Image: Empire Wind

The US government is offering auto companies and component suppliers $12 billion in grants and loans so they can retrofit their plants to produce electric vehicles. US Energy Secre...

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Daily Shorts: BYD profit triples, Indonesia's Aceh to get green hydrogen plant

Chinese EV powerhouse BYD said first-half profit tripled to $1.50 billion, as record deliveries helped the company retain the title of China's biggest-selling automotive brand. Dat...

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Weekend Roundup: India may put EVs in priority lending list, BYD buys Jabil's China mobility operations

Image: Pexels

India could include EVs under its priority sector lending category to make it cheaper for companies to raise funds, Reuters reported, citing an unidentified government official. Th...

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Daily Shorts: BYD plans battery plant in South Korea, Japan considers $14 bn green push

Japan is evaluating $14 billion in additional investments to promote local production of energy storage batteries, semiconductors and equipment used to make hydrogen, according to ...

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BYD's billion $ India plant: on or not?

BYD entered India in October last year. Image: BYD India

What's the status of BYD's reported $1 billion plant in India? The latest news report says it's been scotched due to security concerns, but that might not be the end of it. Last we...

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BYD to spend $620 mn for three-plant complex in Brazil

BYD says one of the three plants will be dedicated to electric trucks. Image: BYD

China's BYD will spend $620 million to set up a new, three-complex in the Camacari industrial park in northeastern Brazil, the company announced. BYD's announcement comes on the ba...

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