Etiqueta: smart
BYD’s quarterly profit surges at fastest pace in nearly two years
STORY: BYD's first-quarter profit leapt more than 100% from a year earlier.It was the fastest pace in nearly two years for the Chinese electric vehicle giant.And it extends BYD's lead in its competitive home market after the carmaker launched an EV price war.A stock filing showed Friday (April 25) net profit reached $1.26 billion - roughly in line with projections.Revenue came in at $23.3 billion during the quarter, up over 36% year-on-year.China's biggest EV maker has made waves in the market over the past few months as it tries to extend its lead in its home market.It offered its "God's Eye" driver-assistance system as a standard feature at no extra cost across its lineup.And it unveiled a new super-charging EV technology platform.It led rivals like Geely and Toyota to follow suit with affordable EVs containing smart features.Outside of its home market, the automaker has targeted exports of 800,000 vehicles this year.
China’s fist-bumping humanoid robot steals the auto show in Shanghai

XPENG’s humanoid robot, Iron, impresses at Auto Shanghai 2025 with human-like abilities, powered by XPENG's Turing AI chip and advanced tech.
BYD profit surges 100.4% as smart EVs drive growth

China’s leading automaker, BYD, reported a 100.4% profit surge in the first quarter, partly driven by its smart electric vehicle (EV) features. BYD’s net profit reached 9.2 billion yuan ($1.26 billion), exceeding the company’s earlier forecast of RMB 8.5 billion ($1.1 billion) to RMB 10 billion ($1.3 billion), according to a Friday stock filing. The […]
BYD’s first-quarter profit doubles
BYD's first-quarter profit leapt 100.4% from a year earlier, the fastest pace in nearly two years, as the Chinese electric vehicle giant extends its lead in its competitive home market by launching a smart EV price war. Net profit totalled 9.2 billion yuan ($1.26 billion), a stock filing showed on Friday, compared with the company's earlier estimate of 8.5 billion yuan to 10 billion yuan. Revenue came in at 170.4 billion yuan in the quarter, up 36.4% year-on-year versus a 10.6% rise in the previous quarter.
Deutsche Bank on Shanghai auto show: Global brands fight back with...

China's smart NEV market has been dominated by local brands, but global auto brands have caught up, said Deutsche Bank.
Europe in shock! Auto Shanghai 2025: When China takes the wheel...

Auto Shanghai 2025 leaves no doubt – China has become the epicenter of the electric automotive world. While Europe is hustling, the Americans are hustling, and the Japanese are quietly manufacturing in China, Shanghai is buzzing with the electric future. It is now the center of the automotive world. And Europe is only third, right after the USA.
Move Over, Tesla & Porsche. Behold The Denza Z From BYD!

The Denza Z from BYD may the most important sports car since the Datsun 240 Z burst upon the scene in 1970.
BYD Enters Hydrogen Fuel Cell Market With Launch Of Hydrogen-Powered Bus

BYD is making waves again—this time by rolling out its very first hydrogen-powered bus. Known around the world for leading the charge in electric vehicles,
New electrics for China dominate Shanghai’s car show
China not only buys more cars than any other nation. But its manufacturers have also long since become major automotive players. Nowhere in the world is the market more dynamic than here in China, where the majority of new cars on offer are now electrically powered. While motor shows in other countries have faded into insignificance, the horsepower parade in Shanghai remains a highly regarded industry summit attended by millions of people. This time around the boot is on the other foot. Whereas
Volkswagen Unveils Trio Of ID Core Concepts In China

Three conceot ID.CORE models that are part of the NEVs have been unveiled by Volkswagen at the Shanghai Auto Show.