Etiqueta: Rising

SHANGHAI (Reuters) -Chinese electric vehicle champion BYD has slowed its production and expansion pace in recent months by reducing shifts at some factories in China and delaying plans to add new production lines, said two people with knowledge of the matter. The decisions are a sign that BYD's robust sales growth over the past couple of years that drove it to overtake Tesla as the world's largest EV maker could slow, as it grapples with rising inventory even after offering deep price cuts in China's cutthroat auto market. These previously unreported measures were imposed on at least four factories and BYD had also suspended some plans to set up new production lines, one of the people said.

The Power Pack Bundle offered by Octopus Energy and BYD includes a leased V2G-ready BYD Dolphin EV, a bi-directional Zaptec Pro charger and access to a smart tariff that offers...

It’s up against stiff competition, but the BYD Sealion 7 has lots of appeal: a comfy ride, lots of interior tech, and decent range

The Chinese electric vehicle giant is bringing affordable prices, cutting-edge technology and an aggressive strategy to the region’s markets.

Brazilians are rushing to buy Chinese EVs before a 35% import tax comes into effect.

In China’s overheated EV market, a flood of new entrants and deep price cuts—many led by BYD—have eroded margins and triggered government intervention.

EU tariffs may limit discounting but Chinese carmakers will appeal to consumers with advanced technology

The Chinese electric vehicle giant is bringing affordable prices, cutting-edge technology and an aggressive strategy to the region’s markets

Chinese electric-vehicle makers led by BYD beat Tesla in the competition to produce affordable electric vehicles. Now, many of those same fierce competitors are pulling into the passing lane in the global race to produce self-driving cars.

AUSTIN, Texas (Reuters) -Chinese electric-vehicle makers led by BYD beat Tesla in the competition to produce affordable electric vehicles. BYD shook up China’s smart-EV industry earlier this year by offering its “God’s Eye” driver-assistance package for free, undercutting the technology Tesla sells for nearly $9,000 in China. “With God’s Eye, Tesla's strategy starts to fall apart,” said Shenzhen-based BYD investor Taylor Ogan, an American who has owned several Teslas and driven BYD cars with God’s Eye, which he called more capable than Tesla’s “Full Self-Driving” (FSD).