Automundo China

In a groundbreaking achievement, Chinese researchers have pushed the boundaries of magnetic field strength, creating a resistive magnet capable of generating an astounding 42.02 teslas. This remarkable feat not only sets a new world record but also opens up exciting possibilities for exploring uncharted territories in physics and material science.

China's BYD boosts production and hiring amid Q3 growth

China's electric vehicle giant BYD ramped up production by nearly 200,000 units from August to October, while hiring close to 200,000 new employees in car manufacturing and components, Executive Vice President He Zhiqi said on Weibo on Saturday. BYD posted an 11.5% rise in third-quarter net profit as it maintained strong sales momentum. Revenue for the July-September period surged 24% on year to 201.1 billion yuan ($28.24 billion), the first obvious win for BYD on quarterly revenue versus Tesla since the Chinese automaker stopped producing gasoline engine vehicles in 2022.

Denza said it has completed five showrooms in key areas of Thailand and will reach 10 sales outlets within the year.

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! BYD announced their 3Q financials this week. To summarize, almost everything is up, quarter on quarter and year on year: sales, revenue (now more than Tesla), net profit, earnings per share, shareholder equity … ... [continued]

Discover how Tesla and BYD may need to embrace hydrogen technology to stay competitive in the evolving zero-emission vehicle market.

BYD has already sold more than 5,000 vehicles in the UK so far this year