Automundo China

BYD's first-quarter profit leapt 100.4% from a year earlier, the fastest pace in nearly two years, as the Chinese electric vehicle giant extends its lead in its competitive home market by launching a smart EV price war. Net profit totalled 9.2 billion yuan ($1.26 billion), a stock filing showed on Friday, compared with the company's earlier estimate of 8.5 billion yuan to 10 billion yuan. Revenue came in at 170.4 billion yuan in the quarter, up 36.4% year-on-year versus a 10.6% rise in the previous quarter.

An update from BYD Co ( ($HK:1211) ) is now available. BYD Company Limited has reported a strong financial performance for the first quarter of 2025, with a notable...

BYD Co.’s net income in the first quarter jumped to 9.15 billion yuan ($1.3 billion), overtaking Tesla Inc. on another key metric and signaling a robust start to the year for China’s no. 1 selling car brand.

China's smart NEV market has been dominated by local brands, but global auto brands have caught up, said Deutsche Bank.

Earlier this week: California dealers sued VW and Scout Motors to block the direct sales model, seeking $35 million in penalties. GM confirms Mexican EV production will continue despite tariffs. Ford halts U.S vehicle exports to China as tariffs hit 150%. CATL unveils an EV battery with a 323-mile range that can be charged in […]

SHANGHAI (Reuters) -Chinese automakers and foreign rivals are launching ever more advanced long-range hybrids to meet rising demand in the world's largest auto market. Unlike many other major markets, China treats EVs and hybrids as one "new energy vehicle" sector where brands are competing to give consumers an array of electrified options with longer driving ranges. At the Shanghai auto show this week, for instance, Geely unit Zeekr unveiled the 9X - a large plug-in hybrid SUV that can travel on electric power alone for 400 km (249 miles) before its gasoline engine kicks in.

Auto Shanghai 2025 leaves no doubt – China has become the epicenter of the electric automotive world. While Europe is hustling, the Americans are hustling, and the Japanese are quietly manufacturing in China, Shanghai is buzzing with the electric future. It is now the center of the automotive world. And Europe is only third, right after the USA.

BYD enters the UK passenger car market in March 2023.

China’s Auto Shanghai 2025 comes after President Trump’s tariffs put a spotlight on the country’s car market. CNN’s Simone McCarthy takes a look at some of most-hyped models that are outpacing Western carmakers.