Etiqueta: Sales
BYD is about to open another massive EV plant overseas with...
The world’s largest electric vehicle maker is becoming a force in the global auto market. BYD confirmed it’s on track...
China’s BYD aims to complete $1 billion EV plant in Indonesia...
The long-term plan for the plant is for the export market, said Eagle Zhao, BYD's president director in Indonesia,News.az reports, citing Reuters.
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BYD to complete Indonesia plant by year-end
BYD's Indonesia plant has a planned annual capacity of 150,000 units, with long-term plans for the export market.
BYD confirms Indonesian factory on-track for 2025 completion
Establishing a factory in Indonesia will help broaden BYD’s ever-expanding reach across Asia. By Will Girling
China’s BYD to complete $1 billion Indonesia plant by year-end, executive...
STORY: BYD is driving forward with its plan to build a $1 billion plant in Indonesia.A top executive said Monday the Chinese electric vehicle maker aims to complete the facility at the end of this year.Eagle Zhao is BYD's president director in Indonesia.“Actually every single progression of our local manufacturing is quite smooth and also on the track. Meanwhile, we will also keep our commitment, which is by end of 2025, we will complete the construction works of our factory in Indonesia.”It underscores the carmakers ambition to dominate in a market where Japanese automakers are popular.Zhao said the long-term plan for the plant is for the export marketThe plant is being built at an industrial complex in Subang, West Java, and projected to have a production capacity of 150,000 EV units annually.“So our manufacturing, once its started we will put the priority and majority for the domestic markets. Meanwhile, we will never stop to thinking about the exportation (export) market as well."2024 was BYD's first year of sales in Indonesia and trade data showed the automaker sold more than 15,400 units.Figures from January to November showed BYD was the leader in terms of battery-based EV sales.It had around 36% of the market share.Zhao said he expected the new plant to produce its first cars not long after the completion of construction.
BYD Denza Z9GT, Fang Cheng Bao’s Bao 8 both see cumulative...
The Denza Z9GT had an average sales price of RMB 380,000 ($51,950), while the Fang Cheng Bao brand had an average sales price of RMB 332,000 in December.
BYD and legacy automakers take the wheel in smart driving’s next...
BYD is developing its own smart driving systems in double-quick time, with delivery possible by mid-2025.
Cui Dongshu from the China Passenger Car Association: CATL and BYD’s...
Bitauto News: Recently, Cui Dongshu, Secretary-General of the China Passenger Car Association (CPCA), stated in his personal WeChat public account that the competitive landscape of battery companies has formed a relatively strong characteristic between Contemporary Amperex Technology Co. Limited (CATL) and BYD. Currently, there is still a significant gap between BYD and CATL. BYD's market share has risen from 15% in 2020 to 25% in 2024, reaching 26% in the fourth quarter. By contrast, CATL's market share in the fourth quarter has dropped to 43%, and other battery companies have shown a clear differentiation in their market shares. The battery industry has exhibited a slowdown in the concentration effect of leading companies, maintaining a 70% share for the top two companies this year, compared to 72% in 2022. Other companies have around 30% of the market space.
Cui Dongshu from the China Passenger Car Association: CATL and BYD’s...
Bitauto News: Recently, Cui Dongshu, Secretary-General of the China Passenger Car Association (CPCA), stated in his personal WeChat public account that the competitive landscape of battery companies has formed a relatively strong characteristic between Contemporary Amperex Technology Co. Limited (CATL) and BYD. Currently, there is still a significant gap between BYD and CATL. BYD's market share has risen from 15% in 2020 to 25% in 2024, reaching 26% in the fourth quarter. By contrast, CATL's market share in the fourth quarter has dropped to 43%, and other battery companies have shown a clear differentiation in their market shares. The battery industry has exhibited a slowdown in the concentration effect of leading companies, maintaining a 70% share for the top two companies this year, compared to 72% in 2022. Other companies have around 30% of the market space.
China’s BYD launches world’s largest carrier to transport 9,200 cars
Named after the city in which the company is headquartered, the BYD Shenzhen recently undocked from Yangzhou port, northwest of Shanghai.
