BYD
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.
BYD teases new compact electric SUV Yuan Up
The Yuan Up will be the newest member of BYD's Yuan family, which sold 428,580 units in 2023 and contributed 14 percent of BYD's sales.
BYD's Thai distributor to triple store count in 2 years
Rever currently has about 100 dealership outlets, making BYD the dominant automaker in Thailand's EV market with a 40 percent share.
BYD launches 3 EV models in Indonesia, plans to build local plant
BYD has launched the Seal, Dolphin and Atto 3 in Indonesia and plans to invest $1.3 billion in a plant with a capacity of 150,000 vehicles.
BYD to stop producing pouch batteries for its PHEVs over leak concerns, report says
BYD last month began converting its pouch-type battery cell production lines at two of its factories to produce prismatic batteries, but is still producing pouch cells at a third plant, according to Reuters.