Etiqueta: Rising

BYD's Strategic Investment in iCar Group: A Win-Win for EV Ecosystem Expansion and Cross-Border Synergy

BYD's passenger BEV sales in August rose 34.43 percent year-on-year, while PHEV sales fell 22.69 percent.

The Resilience and Opportunity in China's Smaller EV Makers Amid BYD's Global Expansion

BYD's Profit Decline and the Risks of an Uncontrolled Chinese EV Price War: Assessing the Sustainability of a High-Stakes Growth Strategy

BYD’s Earnings Miss and Margins Under Pressure in a Competitive China EV Market

Second-quarter profits drop 30 per cent for the world’s largest EV maker, despite 145 per cent year-on-year rise in overseas deliveries.

BEIJING (Reuters) -Chinese electric vehicle maker BYD's quarterly profit fell for the first time in more than three years, as its expansion hit a speed bump amid a government campaign against price wars. Net profit at the world's biggest EV producer totalled 6.4 billion yuan ($894.74 million) in the second quarter, it reported on Friday, down 29.9% from a year earlier, after rising 100.4% in the first quarter. The biggest Chinese rival to Tesla has faced challenges in recent months as Chinese authorities have called for a halt to a bruising price war in China that has pressured profit margins across the entire industry.

Year-to-date, 1,011,903 new battery-electric cars were registered, capturing 15.6% of the EU market share,  an increase from the low baseline of 12.5% in July 2024.

BYD's Surging Global Momentum: A Contrarian Opportunity as Earnings Loom

EVs and hybrids gain traction, but China's BYD edges out Tesla for market share