BYD
BYD Jan sales breakdown: Song 59,514 units, Seagull 36,447
The Fang Cheng Bao brand delivered 5,203 vehicles in January, while the Yangwang brand delivered 1,652 units.
BYD sells 201,493 NEVs in Jan, down 40.92% from Dec
BYD's sales were lower in January, as seasonal factors affected almost all of China's major carmakers, while its overseas sales continued to hit a record high.
BYD releases official images of compact electric SUV Yuan Up
BYD has released six images of the Yuan Up, showing the model from multiple angles.
BYD plans to open over a dozen outlets in Singapore and Philippines in 2024
BYD currently has a network of more than 10 dealers in the Philippines and seven in Singapore.
BYD signs preliminary land purchase deal for its NEV plant in Hungary
BYD plans to have the Hungarian plant, which will produce passenger car models for sale in Europe, up and running within three years.
BYD enters Rwanda with launch of Atto 3
BYD entered into a partnership with Rwandan distributor CFAO Mobility in 2023, and the local launch of the Atto 3 marks its official entry into the East African market.
Analysts explain why BYD's average profit per car fell in Q4
BYD's average profit per vehicle fell by about RMB 1,400 in the fourth quarter from the third quarter, mainly due to promotions through discounts and incentives offered to dealers, a team of analysts said.
BYD expects profit growth of up to 86.49% in 2023
BYD achieved a significant improvement in earnings, demonstrating strong resilience despite tougher competition in the industry, the company said.
BYD launches production at its plant in Uzbekistan
Uzbekistan's president visited BYD's Shenzhen headquarters on January 25, and together with the NEV maker's chairman remotely witnessed the start of production at the plant.
BYD and FAW intend to invest in drone maker DJI's auto unit, report says
DJI Automotive and Huawei's automotive business will be options that must be considered by established carmakers that are short on smart driving R&D, local media said.
