Etiqueta: Tesla
China’s BYD boosts production and hiring amid Q3 growth By Reuters
China's BYD boosts production and hiring amid Q3 growth
China’s BYD boosts production and hiring amid Q3 growth
China's electric vehicle giant BYD ramped up production by nearly 200,000 units from August to October, while hiring close to 200,000 new employees in car manufacturing and components, Executive Vice President He Zhiqi said on Weibo on Saturday. BYD posted an 11.5% rise in third-quarter net profit as it maintained strong sales momentum. Revenue for the July-September period surged 24% on year to 201.1 billion yuan ($28.24 billion), the first obvious win for BYD on quarterly revenue versus Tesla since the Chinese automaker stopped producing gasoline engine vehicles in 2022.
What’s Up? BYD 3Q Financials … As Expected
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! BYD announced their 3Q financials this week. To summarize, almost everything is up, quarter on quarter and year on year: sales, revenue (now more than Tesla), net profit, earnings per share, shareholder equity … ... [continued]
Tesla and BYD, forced to join forces in the face of...
Discover how Tesla and BYD may need to embrace hydrogen technology to stay competitive in the evolving zero-emission vehicle market.
BYD Sales Surge To 500,000 Vehicles A Month!
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! In mid-September, I wrote the article “BYD Closer to Becoming #1 Automaker in World Than I Thought.” However, the company seems to just keep speeding up the timeline. In August, BYD had 373,083 vehicle ... [continued]
BYD sold over 500,000 vehicles for the first time in October:...
BYD sales topped the 500,000 mark in October, its first time achieving the feat. After its fifth consecutive record sales...
BYD Sells Record Half a Million Plug-In Cars in Blowout Month
(Bloomberg) -- BYD Co. kicked off the final quarter of the year with record monthly sales, continuing its strong performance in what is typically a peak season for auto purchases in China.Most Read from BloombergIs Denver’s Big Bet on E-Bikes Paying Off?The Answer To Making Cities More Family-Friendly? CourtyardsChicago Mayor Seeks Property Tax Hike, Breaking Campaign VowIstanbul Tries Free Public Transit to Help Job SeekersIn Warsaw, Falling Road Deaths Signal a Traffic Safety TurnaroundThe man
Competing visions for EVs, with Mexico and China as players
As Chinese electric vehicle maker BYD puts down roots in Mexico, Harris pledges EV breakthroughs while Trump promises gas vehicles.
BYD unveils lavish interior for its new luxury Denza Z9 EV
It’s official. BYD’s new luxury electric sedan, the Denza Z9, will hit the market next month. Ahead of its November...
China NEV retail at 946,000 in Oct 1-27, down 1% from...
China's retail penetration of NEVs was 52.2 percent in October 1-27, and 46.46 percent year-to-date.
