Etiqueta: BYD

The intense rivalry between BYD and Tesla in the realm of pure electric vehicles (BEVs) has garnered significant global attention. While BYD has come close to surpassing Tesla, briefly overtaking it for a single quarter, the company has ultimately struggled to maintain this lead. The challenge lies largely in the distinct preferences and demands of Chinese consumers.

The profound and sustained challenge to auto industry economics will force cost cutting, mergers — and all the political wrangling, labor unrest and trade friction this entails.

The BYD Xia reached Chinese dealers before the launch scheduled for January 8. This PHEV has over 400 hp and a starting price of 38,400 USD.

CATL and BYD continued to hold the top two positions as the world's largest battery makers in January-November, with the former's share unchanged from January-October and the latter increasing slightly.

BYD gave the Xia its debut on August 30, saying at the time that the MPV would be priced in the RMB 300,000-yuan ($40,980) class.

Electric equipment from XCMG can now be ordered with battery swap tech, enabling heavy equipment to top-off as quickly as diesel.

BYD (BYDDF) faces near-term uncertainties from the potential subsidy cuts and sluggish macroeconomic growth. Read why I upgrade the stock from hold to buy.

Tesla deliveries fell for 2024, missing Q4 views. BYD's sales continue to surge, seizing the BEV crown. But TSLA stock remains strong.

The title of the worlds largest maker of pure electric cars no longer belongs to Tesla. A fierce competitor has surged ahead, with focus on innovation, this company has outpaced Teslas dominance in the EV market.

BYD Company defied EV sector weakness in 2024 with strong fundamentals & market multiples indicating it's not overvalued.