Etiqueta: toyota

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.

China's smart NEV market has been dominated by local brands, but global auto brands have caught up, said Deutsche Bank.

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.

Booths of big Chinese, German and Japanese automakers are bustling at Shanghai's auto show as the industry keeps its sights on the wider global market not subject to steep U.S. tariffs on imports of cars and auto parts

The Lexus ES was modeled at the Shanghai Motor Show in Shanghai, China — introducing the world to Lexus' next generation of electrified vehicles.

The world's auto industry is getting a shake-up from Chinese automakers that are quickly expanding across the globe, offering relatively affordable electric vehicles designed to wow car buyers with sleek designs and the latest high-tech interiors.

Watch live as China’s largest auto show opens to the media in Shanghai, including press conferences by Toyota and BMW.

Rob and Jesse talk with Chinese auto market expert Michael Dunne.

Toyota and BMW launched their new cars at the Shanghai auto show Wednesday, featuring products tailored to the China market and integrated with AI.

The global automotive industry has been experiencing a seismic shift since 2 April. The US administration has imposed customs duties of 25% not only on imported vehicles, but also on the spare parts essential to their manufacture, as well as on steel and aluminium. A protectionist measure with potentially devastating…