Etiqueta: Sales

Chinese car company BYD is moving to increase sales in countries like Britain, amid a decline in Tesla's sales and reputation.

Chinese electric vehicle giant BYD aims to double its sales outside China to over 800,000 cars in 2025 and will look to overcome tariffs by assembling cars locally, its chairman told analysts on an earnings call on Tuesday. BYD, which sold 417,204 units abroad in 2024, expects to see "a substantial rise" in its market share in Britain, which is "very open" to competitive Chinese products, according to a transcript of the call Wang Chuanfu reviewed by Reuters. They also see "great opportunities" to grow rapidly in Latin American and South East Asian countries, where the governments and people are friendly with Chinese brands, he said.

BYD is pushing ahead with the construction of 4,000 1,000-kW flash charging stations, with the first batch of about 500 ready for use when the Han L and Tang L hit the market in early April.

China-based electric vehicle manufacturer BYD is reportedly preparing to establish a factory in Hyderabad. According to available information, ongoing discussions between BYD and the government have yielded positive results. The..

Total vehicle sales hit 4.3 million, with hybrids leading growth.

BYD is accelerating along its path to the future with the introduction of two new models that undercut the competition in features and price.

Chinese EV maker BYD is crushing Tesla, leapfrogging the Elon Musk-led company by passing the $100 billion mark in revenue last year.

Chinese EV Giant BYD Beats Tesla in 2024 Revenue Race

Cars News: China's BYD surpasses Tesla in 2024 annual revenue, reporting $107 billion, driven by strong domestic demand and global expansion. BYD's affordable hi

BYD's car sales target for 2025 is 5.5 million units, including more than 800,000 in overseas markets, according to local media.