Etiqueta: thailand

Shanghai (Gasgoo)- On October 16, BYD Auto (Thailand) Co., Ltd., together with its official partner Rever Automotive Co., Ltd., held a ceremony in Bangkok to m

BYD is recalling more than 115,000 electric and hybrid vehicles in China due to safety issues linked to circuit and battery faults. Regulators say the move highlights growing scrutiny and competition in the country's booming EV industry.

Thailand becomes BYD's first market in the Asia-Pacific region to surpass 100,000 deliveries.

Shanghai (Gasgoo)- On October 9, BYD celebrated a major global milestone as its 14 millionth new energy vehicle (NEV) rolled off the production line at its pas

Last year, the company achieved nearly 600 million in revenue but suffered a loss exceeding 200 million.

BYD’s 14 millionth new energy vehicle rolled off its Brazilian line and was delivered to President Lula.

The rollout of BYD's 14 millionth NEV comes about 11 months after its 10 millionth vehicle.

Brazilian President Luiz Inácio Lula da Silva attended the inauguration ceremony and became the registered owner of the vehicle.

Systematic Chinese investments and tech transfers are being embraced, especially in Southeast Asia, in contrast to Western decoupling efforts.

As reported by CnEVPost, BYD’s overall quarterly sales were down 1.82% YoY with passenger vehicles down 2.1%, while commercial vehicles were up 52.61%. While PHEV sales were down 23.72%, BEV sales were up 31.37%. While the Chinese market declined, overseas sales were up 146.42%. Looking deeper, the BYD brand saw the bulk of the decline, while premium brand Fang Cheng Bao stands out, with sales up 344.87% in September, driven by the Ti3 BEV and recently launched Ti7 PHEV, which have tended to be supply-constrained.However, this is BYD’s first YoY drop in sales since 2020. In a quarter when several other automakers saw increases. What’s happening?