Etiqueta: thailand

Potential hybrid battery deal follows EV write-down and draws Washington scrutiny.

The U.S. carmaker’s valuation is soaring on robotaxi dreams. Its shipments tell a different story.

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BYD sold 4.6 million vehicles last year, compared to 4.3 million in 2024. Monthly sales for December dropped by 18.3% year-on-year.

BYD sold 4,602,436 new energy vehicles globally in 2025, a 7.7% increase year-over-year, meeting its revised annual target.

CBL International Limited CBL International Facilitates Xiaomo Port's First LNG Bunkering for BYD in Shenzhen Supporting BYD's Maritime Decarbonization KUALA LUMPUR, Dec. 30, 2025 (GLOBE NEWSWIRE) -- CBL International Limited (NASDAQ: BANL), the listed entity of Banle Group, today announced that it has completed Xiaomo Port’s first-ever LNG bunkering operation, serving BYD in Shenzhen through a physical supplier, supporting BYD’s maritime decarbonization. The service was facilitated in collabora

BYD, others export more low-priced EVs amid cutthroat competition at home

Chinese automakers recorded a major surge in November exports, with 87% growth to 199,836 vehicles across multiple countries.

As Zach mentioned yesterday, the Guardian reported data from ACEA showing that Tesla sold 12,130 vehicles in Europe in November, down from 18,430 last year, while the overall market grew slightly. Tesla’s market share shrank from 2.1% to 1.4%. However, while Tesla staggered, BYD’s sales growth accelerated in the EU, EFTA and UK from 6,568 to 21,133 units in November over the year prior. Up 221%. More growth than any other automaker.It should be noted that this YoY growth came after the EU implemented supplemental BEV tariffs on top of the 10% base tariff, bringing the total to 27% for BYD. Politicians who thought that the tariffs might stop them are undoubtedly disappointed. BYD indicated that they had padded prices ahead of the tariffs in anticipation of their implementation and that they would not need to raise prices after the tariffs were announced. As such, the tariffs did not slow them down. While protectionism and the threat of protectionism undoubtedly inflate European prices overall, greater certainty lets companies like BYD build out viable business models. Their vehicles are still more than competitive, even when prices are inflated by politicians. However, because the added tariffs do not apply to PHEVs, those models have been growing faster. This is driving faster PHEV growth in 2025.