Etiqueta: Geely

The push by domestic carmakers to expand exports and efforts by foreign auto companies and parts sup

China’s share of the UK car market has soared in the last two years to make up more than 10 per cent of imports as Brits embrace an influx of new, cheaper models. Many of China’s biggest manufacturers, from BYD to Geely, are jostling to become the dominant player in the UK EV segment, setting [...]

As we’ve been briefly mentioning the past month or so, we got an opportunity to attend the 2025 Shanghai Auto...

SUVs you can take across a lake, electric-powered 911 fighters, robots, and flying cars: This isn’t your average auto show.

EV maker's strong earnings clash with a revenue miss, testing BYD's global ambitions under tariff scrutiny

STORY: BYD's first-quarter profit leapt more than 100% from a year earlier.It was the fastest pace in nearly two years for the Chinese electric vehicle giant.And it extends BYD's lead in its competitive home market after the carmaker launched an EV price war.A stock filing showed Friday (April 25) net profit reached $1.26 billion - roughly in line with projections.Revenue came in at $23.3 billion during the quarter, up over 36% year-on-year.China's biggest EV maker has made waves in the market over the past few months as it tries to extend its lead in its home market.It offered its "God's Eye" driver-assistance system as a standard feature at no extra cost across its lineup.And it unveiled a new super-charging EV technology platform.It led rivals like Geely and Toyota to follow suit with affordable EVs containing smart features.Outside of its home market, the automaker has targeted exports of 800,000 vehicles this year.

The Shanghai auto show was jam-packed with reveals, from suave station wagons to burly off-roaders and classy luxury SUVs.

BYD's first-quarter profit leapt 100.4% from a year earlier, the fastest pace in nearly two years, as the Chinese electric vehicle giant extends its lead in its competitive home market by launching a smart EV price war. Net profit totalled 9.2 billion yuan ($1.26 billion), a stock filing showed on Friday, compared with the company's earlier estimate of 8.5 billion yuan to 10 billion yuan. Revenue came in at 170.4 billion yuan in the quarter, up 36.4% year-on-year versus a 10.6% rise in the previous quarter.

Auto Shanghai 2025 leaves no doubt – China has become the epicenter of the electric automotive world. While Europe is hustling, the Americans are hustling, and the Japanese are quietly manufacturing in China, Shanghai is buzzing with the electric future. It is now the center of the automotive world. And Europe is only third, right after the USA.