Etiqueta: Hong Kong

According to its latest filing with the Hong Kong Stock Exchange, BYD produced 317,892 vehicles globally last month—a 0.9 per cent decline compared to July 2024.

BEIJING (Reuters) -BYD's vehicle production fell 0.9% in July from a year earlier, ending a 16-month growth streak that has catapulted the Chinese automaker into the world's largest electric vehicle maker. BYD made 317,892 EVs and plug-in hybrids globally last month, down 0.9% in its first decline in more than a year, while sales edged up 0.6% to 344,296 vehicles, slowing sharply from a 12% increase in June, according to a monthly filing with the Hong Kong stock exchange. With electric car sales accounting for 41% of its more than 4 million vehicle sales last year, BYD has overtaken the U.S. EV specialist as the world's top EV seller.

Chinese automaker BYD has again reshaped Singapore’s automotive landscape, dethroning long-standing market leaders and significantly impacting both European luxury brands and U.S. electric vehicle (EV) pioneer Tesla. Driven by aggressive pricing, a diverse EV lineup, and swift responses to market demand, BYD has become the clear frontrunner in the highly ... [continued]

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