BYD Achieves Over $100 Billion in Sales, Surpassing Tesla
BYD’s sales exceeded $100 billion last year, overtaking competitor Tesla, as the Chinese automaker impresses consumers with a variety of high-tech electric and hybrid vehicles. The Shenzhen-based company reported revenue…
BYD Soars to New High After Launching 5-Minute EV Battery
Shares of BYD (Build Your Dreams) Co surged to an intra-day high following the introduction of a new lineup of electric vehicles (EVs) featuring ultra-fast charging technology, which the Chinese…
BYD Issues Recall for 97,000 Popular EVs Due to Steering Component Issue, According to Regulator
BYD has notified the Chinese regulator of a recall involving nearly 97,000 electric vehicles (EVs) due to a manufacturing defect related to a steering control unit, which poses a potential…
BYD to Provide Free Charging Following Discount Protests.
The Thai importer and distributor of BYD cars will provide one year of free charging to previous buyers of approximately 50,000 electric vehicles to address recent price cuts, according to…
BYD purchases a 20% share in Thai dealership
Chinese electric vehicle manufacturer BYD has announced its acquisition of a 20% stake in Rever Automotive, its local distributor in Thailand. Thailand serves as BYD’s largest market outside of China,…
Two huge lithium deposits found in Phang-nga province
Two rich lithium deposits have been found in Phang-nga province, with potential for use in the production lithium-ion batteries for electric vehicles, Deputy Government Spokesperson Radklao Inthawong Suwankiri said today.…
China’s BYD overtakes Musk’s Tesla in last quarter of 2023
Chinese company BYD sold more electric vehicles than Elon Musk’s Tesla in the last three months of 2023 as the two battled for top spot in the sector. BYD said…
China’s BYD signs land deal to build first EV plant in Thailand
Chinese electric-car maker BYD Co signed a land purchase deal Thursday with WHA Corp, Thailand’s largest industrial-estates developer, to build its first electric vehicle (EV) production plant in Southeast Asia.…