Automundo China

Explore the competitive surge of Chinese EV battery maker BYD as it challenges Tesla's dominance in global BEV sales.

BYD (BYDDF) to acquire 20% stake in Thailand's Rever Automotive, strengthening its dominance in the country's EV market. Read more here.

The new factory would improve BYD’s access to the European Union, because Turkey has a customs-union agreement with the bloc.

The European Union has slapped extra provisional duties of up to 38 percent on Chinese electric car imports because of "unfair" state subsidies, despite Beijing's warnings the move would unleash a trade…

China's BYD acquires 20% stake in Thai dealer Rever Automotive

China's BYD will acquire a 20% stake in its local distributor Rever Automotive in Thailand, its largest market outside of China where it is an electric vehicle market leader, the companies said Saturday. The Shenzhen-based automaker opened its first factory in Southeast Asia in Thailand this week. Rever Automotive, which has over 100 showrooms in Thailand, launched the sale of BYD vehicles in 2022 and BYD soon became the country's top-selling EV brand.

BYD India is gearing up to launch a new product on July 10. The Chinese EV maker has released a teaser that shows a silhouette of a 4-door SUV, which as per reports, could be a new entry-level variant ...

The electric vehicle (EV) industry has seen a major upheaval as China's BYD, once considered an underdog, is set to outpace Tesla in 2024 in terms of battery

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