Etiqueta: Industry

BYD has experienced explosive growth in the UK, with a 658% increase in sales in 2024. In January 2024 alone, BYD registered over 1,600 fully electric and plug-in hybrid vehicles. Globally, BYD’s vehicle sales reached 296,446 in January, marking a 47.5% year-on-year increase. Battery electric vehicles now represent 19.6% of all new vehicle registrations in the UK. While Tesla’s registrations dipped, brands like Polestar saw significant growth, indicating heightened competition in the market. BYD’s expansion and record sales underscore the accelerating shift towards electric vehicles worldwide. In a stunning display of automotive growth, BYD has stormed the UK market since

The automotive world is buzzing with excitement over the latest innovation from BYD. The arrival of...

As the spring begins for 2025, China's IC industry has seen a major injection of funding. Wuxi SJ Semiconductor has closed a financing agreement worth roughly US$700 million. This funding round includes contributions from BYD's fully owned investment fund, bringing significant attention to this large financial initiative.

Beijing announces levies of up to 15% on imports of US products, such as oil and large cars, an investigation into Google and restrictions on exports of critical minerals

BYD Shark 6 is Australia’s first plug-in hybrid electric ute with over 6000 orders already placed. Expected over-the-air updates will enhance towing capabilities and address current limitations. Current restrictions include a towing speed cap of 110 km/h and disabled safety features when towing. Shark 6 has a towing capacity of 2500 kg, with plans for an upgraded version boasting 3500 kg capacity. Future models, like the Shark 6 Meg, will enhance off-road capabilities and boost performance. Despite port disruption delays, deliveries are still proceeding for eager customers. The buzz around Australia’s first plug-in hybrid electric ute, the BYD Shark 6,

Already suffering from a geopolitical crisis, major brands risk buckling under the strain of tariffs

We recently published a list of 12 Best EV Battery Stocks to Buy in 2025.

“`html The automotive industry in 2024 is shifting towards greener technologies. Toyota leads global sales with 10.82 million vehicles, despite a decline in domestic sales. Toyota’s hybrid sales in North America increased by 21.1%, indicating a shift toward eco-friendly options. BYD has experienced a 41.3% rise in global sales, marking significant success with 4.27 million vehicles sold. BYD’s growth is driven by competitive pricing and technological advancements in electric vehicles. The rivalry between Toyota and BYD highlights the industry’s move towards hybrids and all-electric vehicles. The future of the automotive world promises more innovation in sustainable and electrifying mobility. “`

The Brazilian government is being urged to launch an official antidumping probe into Chinese-made passenger vehicles sold in the country.

Nio Inc. and BYD Co. Ltd. reported strong double-digit sales gains in January, but Li Auto Inc. stumbled during the month with a sales decline