Etiqueta: Sales

SHANGHAI/BEIJING (Reuters) -China's Chery and BYD improperly claimed a combined $53 million in government subsidies for eco-friendly vehicles sold in the five years to 2020, accounting for nearly 60% of improper claims, an industry ministry audit found. Chery had 7,663 vehicles disqualified while BYD had 4,973. The ministry, Chery and BYD did not reply to requests for comment.

Tesla will now need to compete with others unlike ever before, as they expand their vision beyond electrical vehicles towards autonomous driving.

There is a shocking zero-profit secret behind China's EV giant. As it squeezes out competitors, can BYD survive an honest assessment of its weak balance sheet?

From Batteries to Buses to Cars for the World—Inside the Rise, Strategy, and Innovation of BYD

BYD will cover losses to cars if they were parked using its assisted driving systems, Reuters reported Wednesday. The auto manufacturer will assume responsibility for cars using its God's Eye...

The "One, Big, Beautiful Bill" has been signed into law. Here's how it will help China dominate U.S. in global EV race, according to experts.

BYD is the first carmaker to assume full responsibility for an autonomous driving feature in China and the world

We're looking at BYD's solution to autonomy's biggest legal hang-up, as well as the ever-climbing cost of used cars.

China’s EV leader, BYD, just reached another major breakthrough: its smart parking feature now offers L4 autonomy. To sweeten the...