Etiqueta: BYD

When Chinese automaker BYD Co. announced plans to build a massive factory in the hardscrabble city of Camacari, in Brazil’s northeastern Bahia state, locals saw a new beginning. After years of economic stagnation following Ford Motor Co.'s exit from the region in 2021, there was hope that the global leader in electric vehicles would bring back well-paying jobs and a brighter future. Brazil, the world’s sixth-largest auto market, is seeing a surge in EV sales—and BYD is leading the charge.

As the automobile industry is shifting toward electric vehicles, the two prominent EV giants BYD and Tesla are contesting head-to-head. BYD, a Chinese-based

Brazil, the world’s sixth-largest auto market, is seeing a surge in EV sales—and BYD is leading the charge.

"It makes me smile to see so many BYDs on Australian roads."

The Chinese government seems to delayed the approval of Geely's plans to have Renault build its EVs in Brazil and BYD's plans to build a factory in Mexico.

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

Approval from China has taken longer than expected for the projects, with China’s state planner raising concerns that there are tech transfer risks in the Chinese automakers’ plans, Reuters reports.

BYD sold 377,420 EVs in March, nearing one million Q1 sales. They exported 206,084 EVs, up 111% from Q1 2024. Total EV sales exceeded 11.6 million

Chinese EV manufacturer BYD just unveiled a next-gen charging platform that could blow every other EV charger out of the water

BYD is said to be one of the biggest enemies for leading car manufacturer, Tesla. BYD has mastered the creation of electric buses too.