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BYD: Will it become the next Evergrande?

BYD: Will it become the next Evergrande?

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Recently, the automotive industry has been in an uproar: Great Wall Motors' Chairman Wei Jianjun's statement "the Evergrande of the automotive industry already exists, it just hasn't exploded yet" instantly ignited public opinion. Although no names were mentioned, all eyes are on BYD, which has liabilities of 594.3 billion yuan. At the same time, BYD launched the largest price cut in history during the "618" shopping festival, with 22 models seeing discounts of up to 53,000 yuan, directly causing a major dip in the new energy vehicle sector. This move has made investors restless: on one hand, there's the overwhelming "Evergrande theory," and on the other, a fierce price war...
BYD expands into Cyprus, launching 4 models

BYD expands into Cyprus, launching 4 models

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BYD has launched the Atto 3, Seal, Sealion 7, and Seal U DM-i in Cyprus.
BYD Is Booming—While Chevrolet Crashes in the World’s Biggest EV Market

BYD Is Booming—While Chevrolet Crashes in the World’s Biggest EV Market

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The automotive industry is undergoing a seismic shift as the electric vehicle revolution gains momentum. In China, a dramatic transformation is taking place, with more than half of all new car sales now electric. Local brands such as BYD have rapidly ascended the ranks, now holding third place among global automakers. In contrast, legacy brands tha...
EVs Take 22.3% Share In France - BYD Dolphin Surf Arrives In Showrooms

EVs Take 22.3% Share In France – BYD Dolphin Surf Arrives...

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May’s auto sales saw plugin EVs take 22.3% share in France, a drop from 24.1% year-on-year.
BYD to build network of ultra-fast charging stations in Europe

BYD to build network of ultra-fast charging stations in Europe

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Chinese car manufacturer BYD wants to build a network of ultra-fast charging stations for electric vehicles, known as 'flash chargers', in Europe...
Naples deploys first 22 electric buses (from Higer and BYD) out of 253-units procured

Naples deploys first 22 electric buses (from Higer and BYD) out...

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As of Saturday, May 31, the first 22 battery-electric buses from Naples' new zero emission fleet are officially in service. The vehicles...
The Zacks Analyst Blog Highlights Tesla, Alphabet and BYD

The Zacks Analyst Blog Highlights Tesla, Alphabet and BYD

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Tesla's robotaxi launch is sparking buzz, but with weak EV sales and rising rivals like BYD, is TSLA still worth the hype?
BYD’s new price war triggers backlash from industry and regulators

BYD’s new price war triggers backlash from industry and regulators

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As BYD slashes prices again, automakers, regulators, and suppliers react sharply, warning of unsustainable tactics and long-term market risks
BYD commits to deploying 15,000 megawatt chargers across China (!)

BYD commits to deploying 15,000 megawatt chargers across China (!)

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Leading global plugin car brand BYD has announced fresh plans to deploy 15,000 megawatt charging stations across China.
BYD expands megawatt charging for cars in China

BYD expands megawatt charging for cars in China

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BYD has announced new partnerships to significantly expand its network of megawatt charging stations for electric cars beyond the 4,000 planned to date. BYD