Etiqueta: Industry

The automotive industry is a critical pillar of China’ s national economy. With an exceptionally long industrial chain - extending upstream to resource development, spanning midstream through...

Support CleanTechnica's work through a Substack subscription or on Stripe. This is my second article on the recent visit of a large but select group of journalists to BYD’s Shenzhen factory and headquarters, and to the Zhengzhou tech center in China. I saw and experienced BYD’s groundbreaking electric vehicle innovations ... [continued]

Turin’s air was cleaner than it during its industrial peak, but around half the 50-plus brands and more than half the production cars on show were Chinese.

Stocks to watch this morning include CoreWeave (CRWV), the NVIDIA (NVDA)-backed AI cloud scaler, which is rising after some big swings in recent weeks. In the pharmaceutical sector, AstraZeneca (AZN) gains as it announces plans to list in New York, while GSK (GSK) and UCB SA (UCB.BR) are up on appointing a new CEO and positive trial results, respectively. And it's a high-stakes moment for Tesla (TSLA), BYD (1211.HK) and other makers of electric vehicles, amid a global slowdown and as a $7,500 tax credit comes to an end in the US. For more live coverage of markets watch the full episode of Market Sunrise and head to Yahoo Finance.

BYD projects to export between 800,000 and 1 million units in 2025, which is about 20% of its total sales.

While discounting helped make BYD the most popular EV brand in China, the tactic could backfire in Japan.

The company is also preparing to start production at its new Hungary plant early next year as part of its broader international expansion.

BYD is now turning to discounts — a practice that’s put it front and center of an industry crackdown in China — to try and boost sales.

BYD has recently started a price battle in Japan to attract customers with a discount offer.

BYD's all-electric Yangwang U9 Xtreme hypercar achieved a verified top speed of 308.4 mph, making it the world's fastest production car and surpassing Bugatti's record. Featuring a quad-motor setup with over 3,000 horsepower and advanced aerodynamics, this milestone highlights China's EV dominance and potential innovations in high-performance vehicles.