Etiqueta: Weekly

The EV revolution in Australia is sputtering along but has not yet caught on. BYD intends to change that with its new affordable Atto models.

BYD recently launched the Atto 1 (aka, Seagull/Dolphin Surf/Dolphin Mini) in Australia, starting at $23,990 AUD ($15,661 USD). This makes is the least expensive EV in Australia. Of note, that does not include on the road cost, but it prices the car between the Suzuki Swift and Toyota Yaris when the taxes are added in.In addition, BYD also launched the Atto 2 (aka, Yuan Up/Yuan Pro), at a starting price of $31,990 AUD ($20,884 USD). The price of this small SUV also falls between the Suzuki Fronx and Toyota Yaris Cross for drive away price.Image Credit: BYDOverall, the BYD cars are a little larger and seem to be better equipped. Legacy ICE vehicles no longer have a price advantage in Australia. I would expect BYD to follow similar pricing strategy on their upcoming product launches. And I expect other companies to follow their lead.EVs being priced at parity with comparable gasoline vehicles has significant implications. The price justification for buying an ICE car goes away. Not just for overall cost of ownership, but also for up-front cost.  People can make purchase decisions based on what fits their needs and preferences, not just their budgets.

BYD launches 2026 Seal 06 DM-i: no option of sub-100 km range any more.

Small on the outside, big on practicality - the BYD Atto 2 proves that an affordable EV can fit the Singapore life perfectly without feeling like a compromise

BYD is taking the long view, as it seeks to expand sales and production to many countries in Europe, South America, and the Middle East.

BYD's self-developed electric skateboard sold out, priced at 560 USD.

The 2026 BYD M9 MPV adds a larger battery, 218 km range, and lidar-assisted driver support.

Support CleanTechnica's work through a Substack subscription or on Stripe. BYD’s passenger vehicle sales had mixed results in October, with BEVs up, PHEVs down even more, and plugin passenger cars down overall. It was a similar such split in commercial vehicle sales. Electric bus sales were down, while non-bus electric ... [continued]

Support CleanTechnica's work through a Substack subscription or on Stripe. BYD had mixed results in October when it comes to vehicle sales. On the one hand, its full battery electric vehicle (BEV) sales were up solidly, +34.5% year over year. That’s the number pure EV fans are most interested in, ... [continued]

BYD announced its 3Q results at the end of October. Revenue was down 3%, while net profit was down 32.6%. Overall, that does not look good compared to their recent growth and fell short of expectations. But it gets more interesting when you get into the details.Not only did R&D expenses go up 31%, but development capital expenditures went up a whopping 519.65% YoY “Mainly due to the increase in in-house R&D investments.” Most of their research and development is still accounted for as expenses (43.75 billion RMB versus 3.15 billion RMB), but that is clearly a significant increase. In combination, R&D was roughly twice net profits, and net profit would have gone up if R&D was flat.Inventory was up 31.83%, due mainly “to the augmentation of automobile business.” In other words, updated product that has not yet been delivered.“Contract liabilities” went up by 40.29% YoY, “mainly due to the increase in advance receipts of the automobile business.” In other words, deposits taken on vehicles that have not yet been delivered. Having obligations to deliver vehicles that have already received deposits is overall a good kind of liability.Non-current assets were up 50.36%, while long-term receivables were up 54.90%, mainly due to increases in leasing. This foreshadows future revenue.The balance sheet overall saw a significant improvement, with assets up 15.14% and shareholder equity (assets minus liabilities) up 32.53%. Construction in progress was up 144.15%, with several global factories being built, as well as the world’s largest R&D center. However, borrowing is up while payables are down, with shifts on the balance sheet likely reflecting shorter payment terms in vendor contracts.