Etiqueta: Sales

BYD began on Thursday trial production at its first European plant in Hungary, following delays in completing construction of the passenger vehicle factory.

CATL and BYD are already dominating the EV battery market, accounting for over 50% of global sales last year. With...

Rivian’s founder and Chief Executive Officer RJ Scaringe praised BYD and Xiaomi for their highly competitive EVs, both in technology and pricing, while also acknowledging that government subs…

Chinese car brands’ inroads in Mexico have unnerved Washington, rattled established automakers and alarmed the Mexican government, which is throwing up trade barriers. But even in the face of  new tariffs, China-made cars face little competition in the country’s growing market for electric vehicles. Cheap prices, government subsidies and a growing charging network all point to continued sales growth for China’s automakers in the country. Bloomberg News Mexico Business Reporter Amy Stillman details the rise of brands like BYD just across the border from the United States, and what it signals about car market competition and trade. Amy speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily. (Source: Bloomberg)

BYD already has a strong foothold in Mexico, accounting for around 70% of electric and plug-in hybrid sales. Now, the...

Boonray has secured a RMB 100 million ($14.4 million) investment from BYD to advance the adoption of new energy technologies in heavy-duty industries.

Electrified vehicles accounted for a bigger market share of the European auto sector than their gasoline counterparts. Gasoline Registrations Drop Gasoline registrations fell in the market towards the end of the year by 18.7% in 2025 in the EU, according to data released by the European Automobile Manufacturers' Association (ACEA) on Tuesday. The market share for Gas-powered vehicles fell to 26.6% from 33.3% a year earlier. Don't Miss: Missed Nvidia and Tesla RAD Intel Could Be the Next AI Powe

BYD (SEHK:1211) has rapidly increased electric vehicle sales in Europe, contributing to fully electric cars outselling petrol models for the first time. This shift highlights a change in European car buyer preferences toward battery electric vehicles. The development reflects the growing presence of Chinese automakers in European passenger car markets. BYD, known for its electric vehicles and batteries, is now a prominent name in Europe as buyers move toward fully electric cars instead of...

Strong demand is prompting BYD to reassess ways to deploy more vehicles in India, where dealers currently have hundreds of bookings, according to Bloomberg.

Chinese automaker BYD is exploring local assembly in India to meet high demand for its electric vehicles. The company is seeking regulatory approvals for more models due to import quotas. This move follows visits by BYD executives and aims to overcome import barriers. BYD's India sales surged last year, showing the market's potential and regulatory challenges.