Etiqueta: Rising

BYD's aggressive price cuts are rattling China's EV giants. Margin squeeze and fierce competition threaten the sector's future.

BYD chairman Wang Chuanfu delivered the 10,000th N9 to Zhou Jian, founder of UBTech.

China’s electric vehicle (EV) giant BYD Co. has ignited a fresh wave of competition in the world’s largest auto market by slashing prices by up to 34% on 22 electric and plug-in hybrid models.

BYD, the world’s biggest EV maker, announced that it would slash prices by up to 34% amid a global price war.

Chinese automaker BYD plans to enter the Japanese market with a compact electric kei car. Recently seen on Japanese roads, the EV meets Japan's strict kei car standards and may launch by 2026. Japan's kei car market remains tightly guarded by unique rules. Known as "keijidōsha," these vehicles must stay under 3.4 meters long, 1.48 meters wide, and ...

After poaching some of the best Western auto talent, China’s car industry is about to dominate globally with charging rates, ranges, luxury design, technology, and sheer volumes.

For the first time, Chinese EV giant BYD has outsold Tesla in Europe, marking a major shift in the electric vehicle market. Data from Jato Dynamics shows BYD's rapid growth has also surpassed traditional brands like Fiat and Seat in France, highlighting rising competition for Elon Musk's Tesla overseas. Is this the beginning of China’s global EV market domination? Watch!

TrendForce’s latest reports reveal that global NEV sales—including BEVs, PHEVs, and FCEVs—reached 4.02 million units in the first quarter of 2025, marking a 39% YoY increase. NEVs accounted for 18.4% of total global auto sales for the quarter.