BYD
BYD Song Pro DM-i Hits the Mexican Market
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…
BYD Narrows Down Mexico Plant Locations to Three States, Evaluates Incentives
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…
Global New Energy Vehicle Sales Hit 3.769 Million in Q2, Up 24.2% Year-on-Year: BYD Claims Second Spot in Pure Electric and First in Plug-in Hybrid Markets
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…
BYD and Uber Forge Alliance, Bringing 100,000 EVs to Global Ride-Hailing Scene
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….
BYD and Ayvens Forge Partnership to Offer Electric Fleet Solutions to European Businesses
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…
BYD Marks Milestone with First Mass-Produced Song PLUS DM-i Champion Edition in Uzbekistan
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,…
Warren Buffett Continues to Reduce Stake in BYD, Cashing Out Over HK$300 Million as Shareholding Drops to 6.9%
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…
BYD’s New Energy Vehicles Make Their Mark in 20 European Countries with Over 260 Stores
June 17, 2024 – Since September 2022, BYD has been actively expanding its presence in the European market, introducing multiple new energy vehicle models to 20 European countries including Germany, Britain, Spain, Italy, France, the Netherlands, Norway, and Hungary, through collaborations with various partners. The company has opened over 260 stores across these regions. Recently,…
BYD Unveils Revolutionary DM Technology: 2.9L Fuel Consumption and 2100km Endurance
May 29, 2024 – At a recent event, BYD unveiled its fifth-generation DM technology alongside the launch of the Qin L DM-i and Haibao 06 DM-i models. The company officially announced this latest DM technology, boldly claiming that it would “usher in the era of 2L fuel consumption.” According to BYD, the fifth-generation DM technology…
BYD Outpaces Tesla in Electric Vehicle Sales, Reports Record Profits for 2023
January 30, 2024 – BYD Company Limited has demonstrated remarkable profitability in recent times, as evidenced by their latest financial report. According to the 2023 annual performance forecast released by the company on January 29th, BYD is anticipating a net profit attributable to shareholders in the range of 29 to 31 billion yuan for 2023….