Etiqueta: Industry

Land already acquired in West Java.

The Tesla rival launched its first supercar, the Yangwang U9, last year, and has shown off its ability to "jump" over potholes and road spikes.

You may be surprised which familiar American makes and models actually hail from China

BYD, a global leader in electric vehicle (EV) manufacturing, has marked another significant milestone in its international expansion strategy with the launch of its third 7,000-car carrier.

The Seal 05 DM-i will be the fifth model in BYD's Seal family, targeting the affordable family sedan market.

China is far outpacing the west in the shift to electric vehicles

The profound and sustained challenge to auto industry economics will force cost cutting, mergers — and all the political wrangling, labor unrest and trade friction this entails.

The title of the worlds largest maker of pure electric cars no longer belongs to Tesla. A fierce competitor has surged ahead, with focus on innovation, this company has outpaced Teslas dominance in the EV market.

The number of electric vehicles (EVs) produced by Chinese new-energy vehicle (NEV) maker BYD surpassed that of US automaker Tesla in 2024, while in terms of EV sales, BYD's gap with Tesla narrowed to within 30,000 units last year, according to freshly-released financial statements by the two companies. The new trend speaks volume for the growing competitiveness of Chinese NEV and its popularity in global markets, which is bolstered by technological advancement and across-the-supply-chain advantage, auto analysts said.

BYD's rapid ascent challenges Tesla's reign as the EV leader, but with Tesla's innovation and loyal following, the 2025 showdown for EV supremacy is heating up.