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NEWS TAGGED BYD
Monday 10 April 2023
Three reasons why BYD sees hope for China's EV industry
Wang Chuanfu, the Chairman of BYD, shared his optimistic views for China's new energy vehicle (NEV) industry in 2023, where he saw three opportunities presented to the industry. First,...
Monday 10 April 2023
BYD's bold goal: outsell Tesla
In the first quarter of 2023, Tesla delivered a record high of 422,900 electric vehicles, with average monthly sales of approximately 140,000 units. However, in March 2023, BYD's...
Friday 31 March 2023
BYD chairman says the company aims to be China's largest automaker in 2023
A day after reporting its robust profits in 2022, BYD said it is striving to become the largest carmaker in China by the end of this year. As the first quarter gets close to the end,...
Wednesday 29 March 2023
BYD enjoys 445.86% profit growth in 2022, expects promising 2023 with overseas expansion
BYD finished 2022 strong despite facing multiple challenges. Increasing new energy vehicle (NEV) sales benefited the EV maker's revenue and profits. It reported CNY16.62 billion (US$2.4...
Tuesday 28 March 2023
Global IGBT shortage worsens on Tesla policy change
The global shortage of industrial and automotive IGBTs is being exacerbated as Tesla is likely to use more insulated IGBTs in its future EVs under its 75% SiC cut plan. This paves...
Monday 27 March 2023
BYD production cut denting car chip sales from Taiwan suppliers
Leading Chinese automaker BYD reportedly is enforcing production cuts in response to sluggish China market demand, casting clouds over the shipment prospects for automotive chips...
Friday 24 March 2023
BYD invests in China AI chip startup
China automaker BYD has newly invested in Chinese AI chip startup Kunlunxin Technology, aiming to enhance its deployment in automotive AI chips solutions.
Tuesday 21 March 2023
BYD reportedly establishes new high-end EV technology Yun-nian
Chinese carmaker BYD has reportedly registered a new trademark, "Yun-nian" (cars adorned with cloud patterns), according to several Chinese media outlets. Sources were cited as saying...
Friday 17 March 2023
Global EV market grows 55% in 2022 with 59% of EVs sold in China
Worldwide sales of electric vehicles (EV) increased 55% to 10.1 million units in 2022, according to Canalys. China was by far the largest EV market last year, accounting for 59% of...
Wednesday 15 March 2023
BYD, Tesla keep "positive relations" going
On March 14, both BYD and Tesla dismissed reports that the two companies were ending supply ties.
Wednesday 8 March 2023
Xiaomi CEO says EV production expected to start in 1H2024
Xiaomi plans to begin mass-producing its EVs in the first half of next year, according to its founder, chairman and CEO, Lei Jun. It has been two years since the China-based tech...
Tuesday 7 March 2023
Indonesian government unveils EV subsidy program targeting global automakers
Indonesia took a step forward to boost its EV market on March 6. The government announced a subsidy program for electric scooters, vehicles and buses. Officials said the country is...
Friday 3 March 2023
Taiwan chipmakers to see orders from China NEV industry surge in 2023
Taiwan-based IC design houses, such as Realtek Semiconductor, Novatek Microelectronics and Yusun Electronics, have entered the supply chain of BYD and other Chinese electric vehicle...
Thursday 2 March 2023
More makers in China, Taiwan building presence in SiC sector
China-based carmakers and solar cell suppliers are aggressively foraying into the silicone carbide (SiC) segment in line with the semiconductor self-sufficiency goal set by the government,...
Thursday 2 March 2023
BYD to manufacture EV batteries in Wenzhou
Chinese media EET China and Chejiahao Autohome reported that the government of Wenzhou inaugurated major projects for the first quarter of 2023, with one of the...