Etiqueta: Europe

BYD projects to export between 800,000 and 1 million units in 2025, which is about 20% of its total sales.

Chinese EV giant BYD projects 800,000, 1 million overseas deliveries in 2025, fueled by expanded logistics, European factories, and showroom growth.

Chinese EV giant BYD Co. Ltd. (OTC: BYDDY) (OTC: BYDDF) expects its overseas sales to make up about 20% of its total deliveries in 2025.

The company is also preparing to start production at its new Hungary plant early next year as part of its broader international expansion.

In 2024, BYD’s sales outside the mainland accounted for less than 10 per cent of its total of 4.26 million deliveries.

All eight cargo vessels in BYD's fleet are now operational, with annual transport capacity exceeding one million vehicles.

BYD has confirmed that Berkshire Hathaway completely sold off its remaining shares earlier this year, ending a 17-year run that began in 2008.

We live with a BYD Sealion 7 for a few months to see if it has what it takes to take on not only the Tesla Model Y, but also the mainstream ICE rivals like RAV4

Chinese automaker BYD's all-electric Yangwang U9 Xtreme hypercar set a world record top speed of 308.33 mph at Germany's ATP track, surpassing Bugatti's previous mark with its 2,977-horsepower quad-motor setup and advanced engineering. This milestone highlights China's rising dominance in high-performance EVs, challenging traditional automakers.

As it confirmed Berkshire has sold the last of its shares, the Chinese EV maker thanked Buffett and Munger for their 17-year investment.