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BYD's strong Q1 amidst China EV price war

BYD’s strong Q1 amidst China EV price war

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30 Apr 2024 - Chinese EV maker BYD posted higher profit in the three months to March despite the intensifying price war in China and a surge in investment in new technologies. The Warren Buffett-backed automaker's net profit rose 11% year-on-year to 4.57 billion yuan ($US630.7 million) in the first quarter, it announced Monday night.

Auto show highlights China’s EV dominance

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THE BEIJING Auto Show 2024 highlighted China’s success in electric vehicle production and promotion, underscoring the state’s unwavering commitment to ...

Xiaomi SU7: New Star Of Electric Cars Coming To China Auto...

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Since its launch, the electric car from Xiaomi, namely SU7, has received a positive response, even after the launch of the sedan model order was quite fantastic.

Arcfox to Zeekr: Star cars at the 2024 Beijing motor show...

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The electric Mercedes G-Class, BYD's first pick-up and Ora's 395bhp sports saloon are among the headliners

Beijing auto show: Themes and highlights

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China's largest auto show opened in Beijing with the biggest names showing off their latest electric vehicles (EVs), underlining how the world's largest auto market is already in an all-electric state of mind, and isn't looking back. The last thing China needs is more electric cars crowding a market, driving down prices at the expense of profit. Exporting that overcapacity, however, has brought EV makers to authorities' attention.

Five things we learned at the China Auto Show

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One of China's largest auto shows kicked off in Beijing on Thursday, with electric vehicle makers keen to show off their latest designs and high-tech accessories to consumers in the fiercely competitive market.
CATL announces Shenxing Plus battery – 600 km in 10 minutes

CATL announces Shenxing Plus battery – 600 km in 10 minutes

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CATL announces Shenxing Plus battery with 205 Wh/kg energy density and can add 600 km range in 10 minutes and give 1000 km total range.

The post CATL announces Shenxing Plus battery – 600 km in 10 minutes appeared first on CarNewsChina.com.

Local EVs Dominate as China’s Largest Auto Show Opens

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Some 117 new models were unveiled – out of 278 new energy vehicles on display. It comes as EVs now account for half of all car sales in China.

When it comes to electric vehicles, we believe that Chinese car...

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When it comes to electric vehicles, we believe that Chinese car technology has a clear comparative advantage over Korean and Japanese cars. I think the next step is a high-performance premium car. Thi..