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Friday 14 June 2024
What is the real intention behind EU's BEV tariffs on China?
The European Union announced it will impose additional tariffs of up to 38.1% on China-made battery EVs on July 4 if the bloc cannot resolve issues with China. EU member states, the...
Thursday 13 June 2024
China EV makers have room to absorb EU tariffs, find new markets
Chinese electric carmakers may be crying foul over the European Union's imposition of additional tariffs, but they have several options to keep growing, including shifting production...
Thursday 13 June 2024
EU to enforce additional tariffs up to 38.1% on China-made BEVs
The European Commission announced the expected punitive tariffs on China-made battery EVs on June 12.
Wednesday 12 June 2024
Xiaomi, BYD pour CNY100 billion respectively into smart vehicle technology
BYD founder and chairman Wang Chuanfu said EVs are still gaining momentum in replacing internal combustion engine vehicles. He also announced that BYD will invest CNY100 billion (US$13...
Friday 7 June 2024
Nine local carmakers approved to test L3 vehicle autonomy in China
The Chinese Ministry of Industry and Information Technology (MIIT) has approved nine local carmakers to conduct public trials on Level 3 and Level 4 vehicle autonomy. Tesla and other...
Thursday 30 May 2024
China mulling CNY6 billion to boost all-solid-state battery R&D
The Chinese government will likely take action to retain the country's leading position in the battery sector. State-owned media reported that China may offer CNY6 billion (US$844...
Wednesday 29 May 2024
New BYD hybrid can drive non-stop for more than 2,000 kilometers
BYD Co. unveiled a new hybrid powertrain capable of traveling more than 2,000 kilometers (1,250 miles) without recharging or refueling, intensifying the EV transition war against...
Wednesday 22 May 2024
China's $10,000 EV is coming for Europe's carmakers
Cheap electric vehicles from China are already pushing into Europe, undercutting one of the region's biggest industries. BYD Co., which overtook Tesla Inc. last year to become the...
Monday 20 May 2024
Despite increased EV tariffs, BYD makes its way into US 'backyard'
The US recently raised tariffs on seven key industries in China, with EV imports seeing the biggest hike to 100%. Despite this, leading Chinese EV manufacturer BYD held a high-profile...
Tuesday 14 May 2024
Chinese EV giant BYD to unveil plug-in hybrid pickup in Mexico
BYD Co., the leader in electric vehicles in China, plans to debut its first truck in Mexico, next door to the world's largest pickup market.
Thursday 9 May 2024
Taiwan system assemblers pursue profit growth amid unclear iPad demand
Taiwan-based system device assemblers are seeking profit growth by expanding output and component integration, as the tablet market sees limited momentum and demand for Apple's latest...
Wednesday 8 May 2024
BYD surges ahead in R&D, exceeding Tesla with satcom debut 'on the road'
With the rapid development of intelligent connected vehicles, cars have gradually become important mobile terminals, carrying an increasing number of interconnection needs based on...
Friday 3 May 2024
Why did BYD's 1Q24 profits drop by 47.3% compared to previous quarter?
In the first quarter of 2024, BYD's net profit was CNY4.57 billion (approx. US$630 million), a year-on-year increase of 10.6%, but a significant decrease of 47.3% compared to the...
Tuesday 30 April 2024
Premium market, EV exports likely to drive BYD's sales
Chinese EV giant BYD saw weaker revenue and profit growth in the first quarter of 2024.
Monday 29 April 2024
BYD shares face earnings test as China's EV price war heats up
After getting a jump on competitors in the latest round of China's electric-vehicle price war, BYD Co. now faces a key test of proving that it can withstand the impact on profits.
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