Etiqueta: Qin Plus

The Chinese government is getting involved in the wave of discounts for electric cars triggered by BYD. At a meeting organised by the Ministry of Industry and

Plugin vehicles reach 22% share, or 1.5 million units, in April. Global plugin vehicle registrations were up 22% in April 2025 compared to April 2024. There were around 1.5 million registrations. More good news is that BEVs pulled further ahead of plugin hybrids, growing 26% YoY to 1 million units ... [continued]

The Chinese market leader BYD is offering considerable discounts on models from the Dynasty and Ocean series in its home market as part of a promotion until

BYD offers discounts of 10 to 30 per cent on 22 of its battery-powered and plug-in hybrid models.

BYD shares were down 6.53 percent in Hong Kong and 3.89 percent in Shenzhen at press time.

Analysts believe BYD's price discounts could lead to further price competition in China and spark more rivals to follow suit.

Car Inc plans to expand its purchases of BYD vehicles in the summer of 2025.

Al-Futtaim Electric Mobility, the dealership of the automaker BYD for the United Arab Emirates (UAE) market, said this week that the Chinese giant will deploy 200 fully electric taxis in Dubai.

Saudi Aramco and BYD have signed a joint development agreement aimed at boosting the development of innovative technologies.