BYD

September 13, 2024 – Li Yunfei, General Manager of Brand and Public Relations at BYD Group, revealed today on Weibo that the company has achieved a significant milestone, with its total number of employees exceeding 900,000. This makes BYD the A-share listed company with the largest number of employees among over 5,300 such companies, surpassing…

September 11, 2024 – According to a report released by Morgan Stanley’s automotive industry analysts, including Tim Hsiao, on September 9th, it was noted that BYD’s management had announced an increase in their annual sales target to 4 million vehicles, an upward adjustment of approximately 400,000 units compared to their previous sales guidance. In response…

September 10, 2024 – According to a report by Bloomberg, Morgan Stanley’s automotive industry analysts, including Tim Hsiao, stated in a report on September 9 that BYD’s management has announced an increase in its annual sales target to 4 million vehicles. The report mentioned that BYD’s previous sales target was approximately 3.6 million vehicles. The…

September 03, 2024 – BYD’s compact SUV, the Song Pro DM-i, has made its way into the Mexican market, introducing a single configuration priced at 599,880 pesos. It’s worth noting that the Mexican version of the Song Pro DM-i shares similar design elements with its Chinese counterpart, both being left-hand drive models. The Mexican Song…

August 26, 2024 – According to a report by Reuters on the 22nd, Jorge Vallejo, the general manager of BYD Mexico, revealed in an interview that the company has narrowed down the final location for its Mexican plant to three states and is currently evaluating a range of incentives offered by each candidate state. He…

August 22, 2024 – According to a recent report released by market research firm TrendForce, global sales of new energy vehicles (including pure electric vehicles, plug-in hybrid electric vehicles, and hydrogen fuel cell vehicles) reached 3.769 million in the second quarter of 2024. This represents a nearly 30% increase compared to the previous quarter and…

August 01, 2024 – Uber Technologies and BYD Company Limited have announced a long-term strategic partnership that will introduce 100,000 BYD electric vehicles to the Uber platform in multiple global markets. Moreover, the two companies will collaborate on the development of autonomous driving technology, with plans to deploy BYD’s self-driving vehicles on the Uber platform….

July 09, 2024 – In a significant move towards sustainable transportation, BYD Motor Company and Ayvens, an international sustainable mobility services provider, inked a strategic collaboration Memorandum of Understanding (MOU) on July 2nd at BYD’s Shenzhen headquarters. This partnership heralds a new era in the provision of diversified and multifaceted electric vehicles (EVs) to European…

June 28, 2024 –Nine months after Uzbekistan announced the signing of an investment agreement with BYD for the production of electric and hybrid vehicles and their components on September 26 last year, the Chinese automotive giant has marked a significant achievement. BYD Automobile officially announced that the first batch of its mass-produced new energy vehicles,…

June 18, 2024 – Berkshire Hathaway, owned by Warren Buffett, has sold 1.3 million shares of BYD’s Hong Kong-listed stock on June 11th, realizing approximately HK$310.5 million. Following this reduction, Berkshire Hathaway’s stake in BYD’s issued H shares has decreased from 7.02% to 6.90%. This marks the 14th publicly disclosed reduction of BYD H shares…