Etiqueta: exports

The facility encompasses processes of stamping, painting, welding, final assembly, and producing car components.

The new factory in Rayong, south of Bangkok, was built in just 16 months and has an annual production capacity of 150,000 vehicles.

Chinese automaker BYD has inaugurated its first electric vehicle plant in Thailand, part of the company's effort to expand into Southeast Asia while also tackling wealthier markets in the U.S. and Europe

BYD Launches EV Plant in Thailand, Bolstering Presence in SEA

BYD Co. leads in China's electric-vehicle stocks with a new plug-in hybrid drive system, while competitors like Li Auto Inc., Xpeng Inc., and Nio Inc. face heavy losses..The latest BYD tech allows vehicles to travel over 2,000 km without recharging.

A yawning gap has opened up among China’s electric-vehicle stocks with BYD beating all comers due to its latest technological rollout.

A yawning gap has opened up among China’s electric-vehicle stocks with BYD Co. beating all comers due to its latest technological rollout.

BYD has achieved record-breaking sales of electric and hybrid vehicles in the second quarter, according to sales data compiled by Bloomberg News.

02 Jul 2024 - BYD, the world's biggest maker of electrified vehicles, has revealed record sales for June and the second quarter. However, this growth occurred at a slowing pace, suggesting that China's electrified vehicle market is losing momentum.

BYD Co sold a record number of electric and hybrid cars in the second quarter (2Q), sales data compiled by Bloomberg News shows, as price cuts and new technology stoked consumers into purchases. China’s best-selling car brand sold nearly one million models over the period, solidifying a rebound after a slow start to the year. The sales were driven in part by the company’s move to reduce prices across most models earlier this year, sacrificing profitability, to target gasoline models made by foreign brands.