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BYD reports 33% profit drop in Q3, reversing 18-month streak

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BYD reports 33% profit drop in Q3, reversing 18-month streak
Intense local competition and a self-inflicted price war have negatively affected BYD’s performance in China. By Stewart Burnett

Li Auto recalls over 11,000 Mega 2024 models due to potential...

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Li Auto recalls over 11,000 Mega 2024 models due to potential battery thermal runaway risk

Li Auto initiates recall for 11,411 Mega EVs over battery coolant flaw.

The post Li Auto recalls over 11,000 Mega 2024 models due to potential battery thermal runaway risk appeared first on CarNewsChina.com.

EVs put an end to China’s usual holiday surge in gasoline...

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China Electric Vehicle Market: Discover how the rise of electric vehicles in China has significantly reduced gasoline consumption during the National Holiday, highlighting a shift in travel habits and infrastructure advancements.

Dongfeng Forthing launches 2026 Xinghai S7 with 800V fast charging

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Dongfeng Forthing launches 2026 Xinghai S7 with 800V fast charging

Dongfeng Forthing unveils 2026 Xinghai S7 with new fast charging variant.

The post Dongfeng Forthing launches 2026 Xinghai S7 with 800V fast charging appeared first on CarNewsChina.com.

Tesla top exec Tom Zhu highlights Elon Musk’s “prime directive” for...

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Tesla Senior Vice President for Automotive Tom Zhu, a key executive behind the company’s success in China and Giga Texas, recently highlighted the “prime directive” of Full Self-Driving (FSD). Zhu’s comments emphasize Tesla’s uncompromising focus on safety, which has made the company’s vehicles among the safest on the road. Echoing Musk’s vision for safe autonomous […]

Tesla shifts gears in China with robotaxi debut at Shanghai import...

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Tesla will showcase its driverless Cybercab at the CIIE next week, marking its first major event in Shanghai in two years.

BYD profit plunges 33% as China EV price war squeezes margins

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BYD profit plunges 33% as China EV price war squeezes margins
BYD reported a sharp 33% decline in third-quarter profit, highlighting the growing toll of China's intensifying electric-vehicle price war and renewed investor caution over the company's sales outlook.

BYD Sealion 06 breaks 100k production mark in 100 days, sets...

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BYD Sealion 06 breaks 100k production mark in 100 days, sets BYD record

BYD Sealion 06 attains 100,000 units in 100 days after launch, offering 800V EVs and DM‑i hybrids in China market.

The post BYD Sealion 06 breaks 100k production mark in 100 days, sets BYD record appeared first on CarNewsChina.com.

BYD Q1–Q3 revenue hits 79.5 billion USD, R&D spending exceeds net...

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BYD Q1–Q3 revenue hits 79.5 billion USD, R&D spending exceeds net profit as global EV sales surge

BYD strengthens global presence with exports to 117 countries and Japan market debut for BYD Racco and Sealion 6 DM-i.

The post BYD Q1–Q3 revenue hits 79.5 billion USD, R&D spending exceeds net profit as global EV sales surge appeared first on CarNewsChina.com.

BYD Sealion 06 SUV hits 100,000th production milestone in 100 days...

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BYD Sealion 06 SUV hits 100,000th production milestone in 100 days since launch
The Sealion 06 is replacing the discontinued Song Plus -- the only model in BYD's Ocean series named after a Chinese dynasty.