Etiqueta: Industry

Chinese automaker BYD's all-electric Yangwang U9 Xtreme hypercar set a world record top speed of 308.33 mph at Germany's ATP track, surpassing Bugatti's previous mark with its 2,977-horsepower quad-motor setup and advanced engineering. This milestone highlights China's rising dominance in high-performance EVs, challenging traditional automakers.

Chinese electric vehicle (EV) stocks NIO (NYSE: NIO) and Li Auto (NASDAQ: LI) slipped Friday following news that Beijing plans to implement stricter regulations on EV exports.

BYD (BYDDY) stock remains a strong BUY for long-term investors amid global expansion and industry leadership. See more financial analysis here.

Tesla’s CEO Elon Musk criticized the analysis of European sales in August by Reuters, which wrote in its headline that Chinese giant BYD outsold the US brand in the EU.

Support CleanTechnica's work through a Substack subscription or on Stripe. The gleaming brutalist structures of BYD’s global headquarters rise from Shenzhen’s Pingshan district — a monument to the company’s leadership in China’s electric vehicle ambitions. Walking through the sprawling complex, past rows of pristine EVs and technology exhibits, as well ... [continued]

China’s BYD has smashed records with its Yangwang U9 Xtreme, clocking in at 496km/h.

BYD's launch of its high-quality, sub-$20,000 Seagull EV in Latin America is a strategic masterstroke that massively undercuts the competition, establishing a powerful beachhead in the Americas and exposing the critical failure of Western automakers.

On Thursday, data from the ACEA showed that BYD sold three times as many new cars in Europe, surpassing Tesla for the second month in a row.