Etiqueta: Rising

Chinese automaker BYD has again reshaped Singapore’s automotive landscape, dethroning long-standing market leaders and significantly impacting both European luxury brands and U.S. electric vehicle (EV) pioneer Tesla. Driven by aggressive pricing, a diverse EV lineup, and swift responses to market demand, BYD has become the clear frontrunner in the highly ... [continued]

The level 3 autonomous vehicles market is expected to surge from 291,000 units in 2025 to 8.7 million units by 2035, driven by a 40.5% CAGR. Despite slow adoption, evolving consumer confidence, especially in China and the Middle East, presents new opportunities. Chinese OEMs, including BYD, Xpeng, and NIO, are strategically bundling level 3 autonomy with advanced E/E architecture to maintain competitiveness. Asia Pacific is poised for robust growth, led by aggressive efforts from regional OEMs.

BYD aims to capture demand for electric, hybrid vehicles in region

BYD will assemble its first car in Pakistan by mid-2026, according to Reuters, to meet the rising demand for electric and hybrid cars, as they were previously exporting. What does the future of Pakistan’s EV market look like? Read more below.

Tech News : BYD is planning to launch its first Pakistan-assembled car by July or August 2026, aiming to capitalize on the growing demand for electric and plug-in

KARACHI (Reuters) -Chinese electric vehicle giant BYD plans to roll out its first car assembled in Pakistan by July or August 2026 to capture growing demand for electric and plug-in hybrid vehicles in the region, a company executive said on Wednesday. The Pakistan plant addresses rising demand from emerging markets and allows the company to take advantage of incentives offered by the Pakistani government. The plant has been under construction since April near Karachi in a partnership between BYD and Mega Motor Company, a subsidiary of Pakistani utility Hub Power, Danish Khaliq, vice president of sales and strategy at BYD Pakistan, told Reuters.

The British are open to new brands and love Tesla-sized cars, which means the BYD Seal U could become a mainstream model.

BYD's Strategic Expansion in Pakistan and the EV Ecosystem: A Convergence of Policy, Infrastructure, and Market Potential

BYD is shaking up the race against Tesla, Inc. and Elon Musk, not just with any electric vehicle, but by pushing bold moves into plug-in hybrid vehicles and

BYD has been an electric vehicle leader for the past decade+. Tesla got much more attention for its leadership, and I think rightfully so, for several years, but BYD made more and more progress with its LFP battery cost cutting and vehicle development, and it then started to really shake ... [continued]