Teslarati

MARCH 26, 2024

Chinese automotive giant and electric vehicle (EV) maker BYD posted its 2023 earnings results this week, with the company reporting its slowest quarterly growth rate in almost two years. In its full-year 2023 earnings report shared on Tuesday, BYD posted an 18.6 The $10,000 BYD Seagull EV is scaring the U.S. billion yuan (~1.2

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Teslarati

MAY 10, 2024

BYD Europe aims to beat Tesla and other prominent EU automakers, like Volkswagen and Stellantis. BYD European boss Michael Shu made bold claims during the Financial Times’ Future of the Car Summit. BYD Europe wants to triple its market in the region by 2025. It also plans to partner with European dealerships.

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CN EV Post

APRIL 7, 2023

Image credit: CnEVPost) BYD (OTCMKTS: BYDDY) offered discounts on the Seal and Song Plus during a price war in the Chinese auto industry a month ago and the benefits expired at the end of March. The BYD website currently shows the suggested retail prices of the Seal at RMB212,800 to RMB 289,800, the same as before.

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Teslarati

SEPTEMBER 30, 2024

BYD, China’s premier new energy vehicle (NEV) maker, is recalling 96,714 Dolphin and Yuan Plus vehicles due to a potential fire risk. The recall was announced in a statement by China’s State Administration for Market Regulation (SAMR) on its website. The recall comes as BYD continues to expand its market share in China.

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CleanTechnica EVs

AUGUST 10, 2024

In this article, I’m analyzing at a high level what is happening to the auto industry across propulsion types. continued] The post China & US Auto Market — Chinese Auto Disrupting Everyone Else appeared first on CleanTechnica. I’ll break it down by region and also discuss individual companies.

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The Truth About Cars

JULY 31, 2024

Image: BYD BYD, the Chinese electric vehicle giant, is gearing up to make waves in the North American market, with Canada as its latest target. BYD isn't a stranger to the region. A BYD electric bus in TTC colors. But BYD's ambitions in Mexico go beyond just selling cars. market for now.

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Baua Electric

SEPTEMBER 30, 2024

BYD has issued a recall for nearly 100,000 Dolphin and Yuan Plus models, two of China’s top-selling EVs. BYD issues recall for its top-selling EVs in China According to a statement filed with China’s State Administration for Market Regulation (SAMR) on Sunday, BYD is recalling 96,714 Dolphin and Yuan Plus EVs over a potential fire risk.

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The Truth About Cars

FEBRUARY 29, 2024

Chinese automaker BYD has been seeking to build an automotive plant in Mexico, with the company’s regional chief executive confirming the plan on Wednesday. CEO Stella Li has stated that BYD has yet to decide upon a final location. auto sector. border, where she said transportation costs to reach consumers would be expensive.

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CN EV Post

MARCH 28, 2023

Based on January-February retail sales, BYD is already the largest automaker in China with an 11.8 percent share. | BYDDY.US | BYD HK BYD's new energy vehicle (NEV) sales are expected to maintain strong growth in the first quarter, despite the overall weak performance of China's passenger vehicle market.

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Teslarati

SEPTEMBER 15, 2023

During the pandemic, Volkswagen fell behind in the Chinese auto market as companies like BYD, Nio, and Tesla took over, with the competition nearly doubling the market’s EV and hybrid offerings (via Bloomberg ). The post Volkswagen faces mounting pressure from Tesla and BYD appeared first on TESLARATI.

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Baua Electric

SEPTEMBER 17, 2024

Even with the new 100% tariff on electric vehicles imported from China, BYD would still have the cheapest EV in the US. According to a new report, BYD’s lowest-priced EV would still undercut all US automakers at under $25,000. However, BYD has been building its supply chain for much longer. In the US, EVs accounted for 8.5%

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Baua Electric

AUGUST 16, 2024

China’s leading automaker, BYD , is reportedly planning to build yet another EV factory overseas as it looks to take on new global markets. The facility will kick off BYD’s entry into Pakistan, the fifth-most populated country in the world. It’s even cracking into Japan’s auto industry, a market dominated by Toyota.

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CN EV Post

MARCH 9, 2023

Consumers who order BYD 's Song Plus lineup this month will receive a discount of RMB 6,800, or RMB 8,800 for the Seal. Image from BYD's Weibo) As the price war intensifies in China's auto industry, BYD has also started offering discounts for its two models, even though the official prices remain unchanged.

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Baua Electric

JUNE 13, 2024

After the EU announced new tariffs on Chinese EV imports, BYD is subject to an additional 17.4% However, with BYD reportedly generating higher EV profits on models like the Seal U in the EU than in China, the EV leader is expected to overcome the impact. BYD announced it would enter the European car market in 2020.

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Baua Electric

JUNE 18, 2024

Chinese EV makers, including BYD , accounted for over 40% of German EV imports through April 2024. in Germany through the first four months of 2024, their market share still increased. in Germany through the first four months of 2024, their market share still increased. 4, BYD is enjoying more of the “EU Premium” on EVs.

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Baua Electric

JUNE 12, 2024

How will the new EU tariffs impact Chinese EV makers like BYD and NIO? Global markets are now flooded with cheaper electric cars,” EU Commission President Ursula von der Leyen said in her annual speech to the European Parliament. The comments came as Chinese EV makers, like BYD, launched new models aimed at the region.

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Teslarati

SEPTEMBER 12, 2024

The policy attracted big names in the global auto industry, including Tesla and Hyundai. Leapmotor and BYD are the two Chinese automakers that have taken significant steps in the European auto market. BYD has established good relationships with dealership networks and invested in European dealers.

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Baua Electric

MARCH 25, 2024

Global EV leader BYD launched a new version of its Seal electric sedan Monday, with starting prices around $25,000 (179,800 yuan). The Seal Honor Edition is BYD’s latest lower-priced EV to roll out, fueling its “liberation battle” against gas-powered cars. Based on the e-platform 3.0, the new EV is offered with 61.4

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Baua Electric

MARCH 15, 2024

Nissan and Honda are forming a new EV partnership after falling behind leaders like Tesla and China’s BYD. The new partnership comes as both automakers (and the Japanese auto industry) quickly fell behind EV leaders like Tesla and BYD. It took over a decade for its second mass-market EV, the Ariya, to begin rolling out.

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CN EV Post

MARCH 13, 2023

China's passenger vehicle market saw insurance registrations slip last week, with a mixed performance from major new energy vehicle (NEV) makers. percent from the same period last month, according to figures from automotive industry consultancy ThinkerCar. Li Auto registered 4,243 units last week, up from 3,222 units the previous week.

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Baua Electric

AUGUST 1, 2024

Mitsubishi’s CEO Takao Kato explained, “Collaboration with partners is essential in today’s auto industry,” with EVs and other tech rapidly developing. The Nissan, Honda, and Mitsubishi partnership comes as Tesla and Chinese EV makers like BYD continue expanding in key global markets, including Japan, taking market share.

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Green Car Congress

JUNE 11, 2015

Driven by environmental problems, a growing auto industry, and a big policy push, China’s advanced energy storage market will be worth $8.7 Lux Research analysts studied China’s growing energy storage market in the backdrop of drivers such as environmental pollution, the push toward renewables, and government incentives.

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Teslarati

AUGUST 3, 2023

These include BYD, which outsell Tesla in China in terms of New Energy Vehicles (NEVs) sales. BYD’s sales of pure electric cars lag against Tesla’s, but in terms of raw NEV volumes, the Chinese automaker is far ahead of the American EV company. India is an increasingly important market in the auto industry.

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Teslarati

MARCH 22, 2024

Meo stated that the center of the global automotive market has gravitated toward Asia. Buoyed by its huge domestic market (8.5 million electric vehicles sold in 2023, according to the Chinese Passenger Car Association, or 60% of the global total), it already had [a] market share of close to 4% in Europe in 2022.

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Push EVs

APRIL 6, 2023

In volume terms, with the overall auto market up over 24% YoY, all powertrains saw some volume growth except for diesel (down 5.7% Combined traditional combustion-only powertrains managed to cling on to 50% share of the market, perhaps for the last time. The post French EV market record high in March first appeared on ?PushEVs.

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The Truth About Cars

APRIL 5, 2024

It now seems that Tesla is following suit, despite repeated promises that it would develop a mass-market EV at a reasonable price. The car, which was projected to start in the mid-$20,000 range, would have helped Tesla compete against the increasingly fierce Chinese auto industry.

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Teslarati

AUGUST 28, 2024

With the EV market becoming more competitive due to cars from upstart automakers like Tesla and Rivian and Chinese carmakers like BYD, Ford will need a lineup of well-designed electric vehicles to carve out and protect its place in the EV segment. Todd Willing is a veteran at Ford and has been working in the auto industry for 21 years.

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CN EV Post

MARCH 21, 2023

| NIO US | NIO HK | NIO SG An NIO (NYSE: NIO) executive re-emphasized the electric vehicle (EV) maker's confidence that it will meet its goal of doubling sales this year, at a time when the Chinese auto industry has been weak overall so far this year. "We We expect the industry to go through some profound consolidation," Feng said."It's

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Teslarati

JUNE 5, 2023

According to The Driven , the Tesla Model Y was the best-selling EV last month, followed by the BYD Atto 3 with 1,448 unit sales. According to the Federal Chamber of Automotive Industries , Australia’s automotive industry delivered 105,694 new vehicles in May, beating May 2022’s sale numbers by 12%.

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Baua Electric

AUGUST 16, 2024

The rationale behind the new tariffs is that the Chinese government has unfairly subsidized its auto industry, enabling Chinese automakers to sell EVs at prices European brands can’t match. Ironically, the market share of Chinese electric buses in Europe is far higher than that of Chinese electric cars.

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CN EV Post

MARCH 9, 2023

A rare price stampede is taking place in the Chinese auto market. BMW officially made the BMW i3 available in China on March 31, 2022, when only one version, the BMW i3 eDrive35L, was offered, and only for the Chinese market. The rumors and the dealers' moves come as the Chinese auto industry is staging a rare price war.

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CleanTechnica EVs

APRIL 25, 2023

The Mexican auto industry has grown sevenfold since the 1960s and doubled its output since the 1990s, when it was granted full access to the US market. […] Giant amongst developing nations, Mexico stands currently as the seventh-largest automobile producer in the world (in number of units).

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Teslarati

JANUARY 20, 2023

This is a notable development for Tesla, considering that the company was once one of the auto industry’s biggest money losers. The same is true for Vietnamese EV startup VinFast, which is trying to enter the US market. That amount is over twice as much as Volkswagen and five times as much as Ford.

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CN EV Post

APRIL 12, 2023

The major sources that provide insurance registration data for China's auto industry have stopped sharing the data, but Li Auto (NASDAQ: LI) has shared content that allows us to still have access to some of the data. The bloggers who previously shared the data on Weibo have also stopped sharing such data.

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Plug In India

OCTOBER 18, 2021

If you encounter such people or articles, all you need to do is point them to the numbers and trends in the auto market. Battery packs from BYD, CATL, and Tesla all reported having 1 million km of usable life. million pre-orders BYD claims that their Blade Battery would last for 1.2 The Tesla Cybertruck has more than 1.3

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Baua Electric

AUGUST 12, 2024

CATL’s vice chairman, Li Ping, stressed that the auto industry and consumer mindsets are “undergoing a significant restructuring.” According to SNE Research , CATL holds a wide lead in the global EV battery market, with a 37.8% According to SNE Research , CATL holds a wide lead in the global EV battery market, with a 37.8%

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Baua Electric

MAY 30, 2024

China is seeking to cement its lead in the global EV market after early and heavy investment in domestic supply chains helped it become the most cost-competitive battery and EV producer in the world. Many auto industry officials and analysts expect solid-state batteries will determine the competitiveness of the next-generation EVs.

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