Etiqueta: News

Also in today’s rundown: Yuan picks up strength as U.S. dollar weakens, Beijing unveils plan to expand national carbon market

BYD has reached a new milestone in its Southeast Asian operations by starting exports of electric cars from Thailand to Europe. The first model shipped is the

BYD on Aug. 22 announced plans to build its fourth electric vehicle plant in Southeast Asia, expected to begin production in Perak, Malaysia, in 2026. The

This week's tech recap highlights ex-Waymo CEO John Krafcik's skepticism over Tesla's Robotaxi, Rivian's $5 billion factory groundbreaking, Tesla's $0 down lease offer amid sales struggles, Uber riders preferring Waymo Robotaxis, and BYD overtaking Tesla in global EV sales.

Overall, BYD's sales are driven by product. New product is taking over while older product falls back. While Black PR has likely had some temporary effect, strong product tends to overcome it in the long term. Last year, BYD had stronger PHEV product introductions and sales. This year, BEV has had stronger product introductions and sales. It is hard to be sure what next year will bring. More effort might go to product for outside markets, with growth shifting accordingly. But with over 120,000 R&D engineers and more EV intellectual property than anyone, I would bet that the long-term "peak" is a far down the road.

BYD’s 1,000 KW charging announcement could significantly improve the competitiveness between EVs and ICE cars IF the electrical infrastructure can handle the extra load.

China’s giant BYD announced on Friday that it has sued twelve social media accounts for posting “false, untrue, and maliciously misleading information” about the company.