Tesla China competitor BYD sells 552,076 NEVs in Q1 2023
Tesla Giga Shanghai’s main competitor in China, BYD, sold 552,076 new energy vehicles (NEVs) in the first quarter of 2023.…
1 year ago
BYD
BYD unfazed by Tesla price cut, reports massive profit increase in Q4
Update: 11:48 AM ET: para. 1 & 2 - updated to reflect mathematical accuracy BYD has apparently been unfazed by…
1 year ago
Tesla China rival BYD cuts shifts in two EV plants: report
Tesla China's rival, BYD, has reportedly reduced shifts at two of its auto assembly plants for electric vehicles. Individuals familiar…
1 year ago
Tesla’s alleged rift with BYD denied by Elon Musk and Chinese automaker
On Sunday, a report from the Korean Economic Daily suggested that Tesla China would not be continuing its battery supply deal with…
1 year ago
BYD issues discount in China as the EV price battle continues
BYD has announced discounts on its most popular EV models for the month of March. While the effects of Tesla's…
1 year ago
Charlie Munger argues Tesla is losing to BYD in China
Well-known Berkshire Hathaway fund manager Charlie Munger argues that BYD is beating Tesla in China, but the actual market situation…
1 year ago
BYD to build new $1.2B battery factory in China
FinDreams Technology, the battery subsidiary of BYD, has filed paperwork to establish a new battery production facility in Central China.…
1 year ago
BYD to duel with Tesla in Japan’s growing EV market
BYD has officially begun selling EVs in Japan, joining the likes of Tesla and Nissan in selling a lineup of…
1 year ago
Indonesia nearing deals with Tesla and BYD for EV production facilities: report
Two of the automotive segment's most prolific electric vehicle makers may be preparing to establish their presence in Indonesia soon.…
1 year ago
Toyota changes up EV strategy to beat industry leaders Tesla & BYD
Toyota Motor Corp is changing its electric vehicle (EV) strategy to compete with industry leaders Tesla and BYD. Toyota will…
1 year ago
BYD VP does not see Tesla as a competitor: “Maybe our enemy is the combustion engine”
Despite Warren Buffett's Berkshire Hathaway Inc. offloading over a fifth of its stake in China-based BYD this 2022, the automaker…
1 year ago
BYD to launch Tang SUV and Han sedan in Mexico in 2023
Chinese electric vehicle company BYD will expand to Mexico next year, aiming to sell its Tang SUV and Han sedan…
1 year ago
Berkshire Hathaway continues to shed BYD stock
Berkshire Hathaway has sold another $80.7 million of BYD shares after selling a smaller number of shares earlier this year.…
1 year ago
BYD will sell EVs in Brazil
BYD will begin selling two new EV models in Brazil in November. BYD Americas President Stella Li touched upon favorable…
1 year ago
BYD and SIXT enter agreement for 100,000 EV rental fleet in Europe
BYD has entered an agreement with international vehicle rental company SIXT for a 100,000 electric vehicle rental fleet that will…
2 years ago
BYD shares tumble after Berkshire Hathaway divestment
BYD shares (HKSE: 1211.HK) on the Hong Kong stock exchange tumbled nearly 12 percent today after Berkshire Hathaway divested 1…
2 years ago
Toyota, GM, and Dodge among brands absent from Top 20 EV manufacturers list
A recent list of the top 20 electric vehicle manufacturers shows how far behind many legacy brands are. A list…
2 years ago
Ford, GM & four other OEMs commit to phase out gas car production by 2040
Six major automakers will pledge to phase out the production of ICE vehicles worldwide by 2040, said the British government…
2 years ago
Tesla rumored to use BYD ‘Blade’ battery days after $25k car speculation swirls
Tesla could use Chinese automotive company BYD's new, ultra-safe "Blade" battery design in some of its vehicles in 2022. The…
3 years ago
Apple taps Tesla battery supplier CATL for EV development
Apple is reportedly planning to tap Tesla battery supplier CATL, among others, as rumors of the tech giant's electric vehicle…
3 years ago