Etiqueta: Industry

AUSTIN, Texas (Reuters) -Chinese electric-vehicle makers led by BYD beat Tesla in the competition to produce affordable electric vehicles. BYD shook up China’s smart-EV industry earlier this year by offering its “God’s Eye” driver-assistance package for free, undercutting the technology Tesla sells for nearly $9,000 in China. “With God’s Eye, Tesla's strategy starts to fall apart,” said Shenzhen-based BYD investor Taylor Ogan, an American who has owned several Teslas and driven BYD cars with God’s Eye, which he called more capable than Tesla’s “Full Self-Driving” (FSD).

I recall the Chinese EV market getting into an extreme price war a couple of years ago, and then another one, and then another one…. The market has been in a series of prices for a long time, and BYD reportedly started another one recently. Some other big players in ... [continued]

The price war engulfing China’s electric vehicle industry has already sent share prices tumbling and prompted an unusual level of intervention from Beijing.

BYD and Saudi Electricity Company will deliver a record 15.1GWh of storage, advancing Saudi Arabia’s Vision 2030 and accelerating clean energy goals

BEIJING/SHANGHAI (Reuters) -Fierce competition among China's leading EV makers has intensified, with a long-running dispute between BYD and Great Wall Motor over emissions compliance escalating after Geely joined in to criticise BYD's aggressive price cuts. The row dates back to 2023, when Great Wall Motor reported BYD to Chinese regulators, alleging that its two best-selling hybrid models failed to meet emissions standards. The issue re-emerged last month when Great Wall’s chairman, Wei Jianjun, expressed concerns about the ongoing price war and confirmed that the regulatory probe was still active.

BYD, Chery Push Hybrids to Avoid Tariffs in Europe

China's car sales rose for a fourth consecutive month in May, but slower increases across major automakers highlighted concerns over aggressive price competition in the world’s largest auto market.

China's electric car price war shows little sign of letting up, putting more pressure on companies to survive.

Social News: BYD, a Tesla competitor, is taking legal action against 37 influencers and monitoring 126 others for allegedly spreading disinformation online. The co

The BYD Seagull's $8,000 price tag makes it a game-changer for last-mile delivery and personal ownership in an autonomous future, highlighting BYD's aggressive pricing that challenges Western automakers who have little time to respond.