Etiqueta: Europe

BYD, the Chinese manufacturer, has started exporting electric vehicles (EVs)

BYD is expanding its offerings in one of Europe’s fastest growing segments with the Seal 6 DM-i Touring plug-in hybrid station wagon.

BYD cut production for the second month in a row in August. The company produced 353,090 electric cars and plug-in hybrid vehicles, around 3.8 per cent less

BYD's Strategic Investment in iCar Group: A Win-Win for EV Ecosystem Expansion and Cross-Border Synergy

Strategic Global Expansion and Price War Resilience in BYD’s Growth Narrative

SHANGHAI (Reuters) -BYD's production slid for a second straight month in August, marking its first consecutive monthly contraction since 2020 in a further sign that the Chinese EV giant is putting the brakes on its massive years-long expansion. The world's biggest EV producer made 353,090 electric vehicles and plug-in hybrids (PHEV) globally last month, down 3.78% from a year earlier, according to a monthly filing with the Hong Kong Stock Exchange on Monday. The last time BYD's production fell for two consecutive months was in June and July 2020.

BYD's latest hidden project is not just looking at 10 gigafactories but 10 gigafactories in 1 and BYD's gigafactory is set to beat that of Tesla's.

Chinese electric vehicle (EV) manufacturer BYD has experienced a decline in quarterly profits, amid a price war clampdown.

The latest investor updates on stocks that are trending on Monday

BYD saw a 6% drop in HK-listed shares after reporting a 30% decline in net profit at Q2 earnings call. Sales surged in Europe and India.