Etiqueta: lotus

Also in this newsletter, ecommerce companies head to small towns and RBI cuts the repo rate

Wang Chuanfu, chairman and CEO of electric vehicle maker BYD, has added $9.3 billion to his wealth this year.

BYD plans to raise its market share in Europe by building factories there while news of its latest technology might persuade doubting customers to embrace Chinese EVs.

The top three cars in the world in each of six categories were announced by the World Car Awards. Here's the rundown of the final heat before the April 16th reveal.

You don’t normally associate lightweight chassis and low dry weight with electric vehicles. EVs are either lightweight with a dismal range, or range impressive with a ton of dry weight. That could change with Longbow, a Britain-based startup founded by Daniel Davey, Mark Tapscott, and Jenny Keisu in 2023. Why do these names matter? Well,

BYD, the Chinese electric vehicle juggernaut headed by billionaire Wang Chuanfu, intends to raise HK$43.5 billion ($5.6 billion) to deal with fierce competition at home and to expand abroad.

A review of selected future models of Geely Group brands

In the 2024 global automotive sales ranking, BYD ranked fifth in the world with sales of 4.27 million vehicles, while Geely Group entered the top ten with sales of 3.34 million vehicles. This marks the first time that two Chinese independent car manufacturers have entered the global top ten, demonstrating the strong growth and international competitiveness of the Chinese automotive market. With the increasing penetration of new energy and intensified market competition, it is likely that more Chinese car manufacturers will join the global top ten in the future

BYD will launch a brand new sports car with Porsche 911-rivalling performance at the Shanghai auto show later this year under its luxury sub-brand Denza, according to CarNewsChina. Captured in China by Autohome under heavy camouflage, the unnamed, two-door Denza model appears to be well in the development stages, with wheel arches missing and an ex...