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The transition to electrification ramps up as Ferrari unveils a $423,000 sports car to rival BYD's electric supercar

The transition to electrification ramps up as Ferrari unveils a $423,000...

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Ferrari’s F1 team and its reputation for quality have helped make it the strongest luxury automotive brand in the world.
BYD Seal U plug-in hybrid SUV to be renamed Sealion 6 in Australia

BYD Seal U plug-in hybrid SUV to be renamed Sealion 6...

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BYD's rival for the Mitsubishi Outlander PHEV is about to get its second name change before reaching Australia.
BYD's premium NEV brand Denza poised to accelerate global rollout

BYD’s premium NEV brand Denza poised to accelerate global rollout

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CGTN caught up with the general manager of Denza at the Beijing Auto Show to discuss the company's global ambitions. Zhao Changjiang told CGTN that Denza's luxury flagship sedan model has made its official debut in Beijing, marking the global launch
Why did BYD's 1Q24 profits drop by 47.3% compared to previous quarter?

Why did BYD’s 1Q24 profits drop by 47.3% compared to previous...

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In the first quarter of 2024, BYD's net profit was CNY4.57 billion (approx. US$630 million), a year-on-year increase of 10.6%, but a significant decrease of 47.3% compared to the fourth quarter of 2023. This highlighted that profitability was impacted by slowing demand for EVs and intense price competition. Market analysis suggests that while the penetration and sales of EVs are growing, it has come with a decrease in profits.

Auto China 2024: WhichEV visits Beijing for the most important car...

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Car shows have become a shadow of their former selves over the last few years. Only a few new cars
Hong Kong Stocks: Analysts Remain Bullish on BYD Despite Slowdown in Q1 Profit Growth - TipRanks.com

Hong Kong Stocks: Analysts Remain Bullish on BYD Despite Slowdown in...

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Among the famous Hong Kong stocks, analysts maintained their bullish outlook on BYD Co. Limited (HK:1211) following the release of its Q1 2024 results earlier this ...
Chinese EV makers risk tougher duties over failure to cooperate with EU probe

Chinese EV makers risk tougher duties over failure to cooperate with...

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European Commission warns BYD, SAIC and Geely that their lack of cooperation frees its hands to impose higher penalties, letters seen by POLITICO show.

Japanese car brands cooperate with China to further auto intelligence  –...

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Read ahead to discover how Japanese car brands cooperate with China to further auto intelligence
Azerbaijan wants to buy 3,000 electric buses - electrive.com

Azerbaijan wants to buy 3,000 electric buses – electrive.com

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Azerbaijan wants to replace 3,000 buses with combustion engines with electric models. Several suppliers are in the running, but one is already positioning itself: BYD is planning a production line for electric buses in the former Soviet republic.
BYD gunning for European market share with Euro 2024 deal

BYD gunning for European market share with Euro 2024 deal

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Chinese automotive powerhouse BYD will use its sponsorship of this summer’s Uefa men’s Euro tournament to support the launch of several new energy vehicle models as it seeks to carve out a 5 per-cent…