Etiqueta: Product

BYD Auto, China's electric vehicle (EV) king, was the world's biggest seller of pure electric cars in the fourth quarter of 2024, as Tesla's sales for the period fell short of expectations. Shenzhen-based BYD beat Austin, Texas-based Tesla by more than 20 per cent in terms of deliveries. In the fourth quarter, BYD delivered 595,412 battery electric vehicles (BEVs) to customers, up 13.1 per cent from a year earlier. The company, which counts Warren Buffett's Berkshire Hathaway as a shareholder, a

In the fourth quarter, BYD beat Tesla by more than 20 per cent in terms of deliveries.

BRAND HEALTH CHECK: After outpacing Tesla in revenue and smashing sales records in 2024, China's EV powerhouse faces its biggest challenge yet. With the EU slamming on 45% tariffs and the U.S. market locked down, can BYD jump-start its global ambitions, or will trade barriers force a power-down?

BYD has released teaser images of the Tang L and Han L, its first mention of the two new models.

Read our outlook on the EV market for 2025, including insights into how increasing production in China will shape the industry.

The N9 SUV will be launched in the first quarter, and Denza will also launch a new MPV in 2025 that will be bigger and more powerful than the D9 MPV currently on sale, an executive said.

Volkswagen is now telling the rest of the ID. CODE story. The concept car presented in Beijing in 2024 charted the course in terms of design, innovations and customer benefit. Building on this, the brand is now unveiling three new concept cars at Auto Shanghai together with its Chinese joint venture partners. The ID. AURA (from FAW-Volkswagen), the ID. ERA (from SAIC VOLKSWAGEN) and the ID. EVO (from Volkswagen Anhui) are representative of a new generation of smart electric vehicles and give a preview of the product strategy for the coming years. Volkswagen plans to bring out over 30 new models (including 20 NEVs) in the relevant segments of the Chinese market through the end of 2027. These will include production versions of the concept cars now being presented in Shanghai, whose design and technologies have been specifically tailored to the needs of Chinese customers.

The increase in Chinese NEV exports is driven by the advantages of its entire industrial chain, along with the comprehensive competitiveness stemming from technological innovation, product quality, and price advantages.

A record sales year and with more new products on the way, is BYD on track to topple market-leading Toyota by 2030?

Amid ongoing repercussions of Chinese automotive giant BYD's $1 billion electric vehicle plant investment, Brazilian industrial motor manufacturer WEG has