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BYD Cuts Production Amid Rising Inventory and Sluggish Demand

BYD Cuts Production Amid Rising Inventory and Sluggish Demand

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Multiple sources have reported that BYD has recently halted night shifts at some domestic factories, cut production by over one-third, and put expansion plans for at least four new production lines on hold. Having grown into the world's largest EV manufacturer thanks to a rapid surge in sales, BYD now faces real-world challenges, including sluggish...
Hyundai's Chinese electric SUV Elexio is powered by BYD

Hyundai’s Chinese electric SUV Elexio is powered by BYD

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The electric SUV Elexio from Beijing Hyundai is due to be launched in China in the third quarter. It epitomises the South Korean company's new start in China.
BYD is on a roll as another global EV hits a huge milestone

BYD is on a roll as another global EV hits a...

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Are you sick of hearing BYD’s name yet? You may want to get used to it. Another one of its...
I ended up liking the BYD Sealion 7 so much I didn’t really want to hand it back

I ended up liking the BYD Sealion 7 so much I...

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It’s up against stiff competition, but the BYD Sealion 7 has lots of appeal: a comfy ride, lots of interior tech, and decent range

Exclusive: Germany lobby group says China’s rare earth curbs could halt...

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China's export restrictions on rare earths that are widely used by the auto industry could disrupt, or even halt, German car production, Germany's VDA auto industry lobbying group said on Tuesday.

Exclusive-Car makers warn China’s rare-earth curbs could halt production

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WASHINGTON (Reuters) -Global auto executives are sounding the alarm on an impending shortage of rare-earth magnets from China – used in everything from windshield-wiper motors to anti-lock braking sensors – that could force the closure of car factories within weeks. In a previously unreported May 9 letter to Trump administration officials, the head of the trade group representing General Motors, Toyota, Volkswagen, Hyundai and other major automakers raised urgent concerns. "Without reliable access to these elements and magnets, automotive suppliers will be unable to produce critical automotive components, including automatic transmissions, throttle bodies, alternators, various motors, sensors, seat belts, speakers, lights, motors, power steering, and cameras," the Alliance for Automotive Innovation wrote the Trump administration.

EVs and Batteries in the Gulf: Industrial Policy amid Tariff Wars...

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As the Gulf states set their national strategies for digital and green transitions, electric vehicles are flooding into the traditionally fossil fuel-driven auto markets of the Gulf — especially in the Kingdom of Saudi Arabia, the United Arab Emirates, and Qatar.

South Korea announces emergency measures for auto industry hit by US...

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South Korea on Wednesday announced emergency support measures for its auto sector, seeking to reduce the blow of U.S. President Donald Trump's tariffs on a sector that has seen years of sharply rising exports to the United States.