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Baua Electric
OCTOBER 11, 2024
After overtaking SAIC, BYD is now China’s largest auto group. BYD tops SAIC to become China’s largest auto group After sales surged by 62%, with over 3 million vehicles sold last year, BYD officially became China’s best-selling brand. BYD is now China’s largest auto group after topping SAIC in September sales.
Baua Electric
AUGUST 23, 2024
With low-cost EVs hitting key global markets, BYD is quickly catching up to Ford. Although global auto leaders like Volkswagen and Toyota’s sales numbers fell in Q2, BYD continued to see more demand. BYD’s growing global presence is symbolic of the auto industry’s shift to electric. Can it overtake Ford?
Baua Electric
NOVEMBER 21, 2024
With China’s auto market becoming flooded with low-cost competitors, BYD is looking to key overseas markets to drive growth. EnergyLab is launching a new skills development program early next year to prepare the Cambodian workforce for the auto industry’s shift to EVs. Will BYD overtake Ford in the global auto ranks?
Baua Electric
AUGUST 28, 2024
BYD Seal test drive in Mexico (Source: BYD) Low-cost EVs, overseas expansion fueling growth BYD’s auto (and related) sales accounted for 76% of revenue, generating RMB 228.3 BYD store in Thailand (Source: BYD) BYD opened its first plant in Thailand, a key auto hub and growing EV market, last month. billion ($1.9
Baua Electric
MARCH 29, 2024
BYD set to begin EV production in Thailand in Q3 After showcasing its full range of brands at the Bangkok Auto Show this week, BYD said it will kick off EV production in the country in Q3. Ford’s CEO Jim Farley called the low-cost EV “pretty damn good,” warning the competition of incoming Chinese electric cars.
Baua Electric
OCTOBER 31, 2024
BYD teases new luxury EV interior ahead of its debut The company’s head of brand sales, Zhao Changjiang, confirmed Denza would launch the Z9 at the 2024 Guangzhou Auto Show on November 15. The company opened or plans to open new plants in Thailand, Turkey, Brazil, Mexico, and Hungary to expand its global footprint.
Baua Electric
FEBRUARY 3, 2025
Its low-cost Seagull EV, starting at under $10,000 in China, was the second-best seller, with 41,212 sold last month. After opening its first in Thailand last year, BYD is expanding with new plants in Indonesia , Mexico, Brazil, Hungary, Turkey, and Pakistan. Source: BYD, CnEVPost FTC: We use income earning auto affiliate links.
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