Etiqueta: sodium

BYD has experienced explosive growth in the UK, with a 658% increase in sales in 2024. In January 2024 alone, BYD registered over 1,600 fully electric and plug-in hybrid vehicles. Globally, BYD’s vehicle sales reached 296,446 in January, marking a 47.5% year-on-year increase. Battery electric vehicles now represent 19.6% of all new vehicle registrations in the UK. While Tesla’s registrations dipped, brands like Polestar saw significant growth, indicating heightened competition in the market. BYD’s expansion and record sales underscore the accelerating shift towards electric vehicles worldwide. In a stunning display of automotive growth, BYD has stormed the UK market since

Sodium-ion batteries are undergoing a critical period of commercialization with Chinese cleantech juggernauts actively working on their products.

BYD has launched what it claimed is the 'world's first high-performance' sodium-ion BESS product, using its Long Blade Battery cell.

The automotive world is moving rapidly toward electrification, but the future isn’t necessarily 100% electric. Plug-in hybrid electric vehicles (PHEVs) are carving out a significant niche, offering a compelling alternative to pure EVs. This trend is particularly evident in China, where PHEVs are gaining popularity, thanks largely to the innovative efforts of BYD, the undisputed leader in electrification and the benchmark for competitors.

There may be no more important question for the West’s competitive position in advanced industries than whether China is becoming a rival innovator. While the evidence suggests it hasn’t yet taken the overall lead, it has pulled ahead in certain areas, and in many others Chinese firms will likely equal or surpass Western firms within a decade or so.