BYD
The Latest
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BYD Shark Set to Electrify Pickup Market with Global Launch in Mexico
Chinese automaker BYD is poised to unveil its first electric pickup truck, the BYD Shark, in Mexico on May 14th. This global debut highlights BYD's strategic shift towards international markets, particularly focusing on regions where pickup trucks enjoy robust demand. 
Chinese automaker BYD is poised to unveil its first electric pickup truck, the BYD Shark, in Mexico on May 14th. This global debut highlights BYD's strategic shift towards international markets, particularly focusing on regions where pickup trucks enjoy robust demand. -
BYD Faces Stiff Competition and Slowing Sales in Q1 Amid Price War Challenges
Chinese electric vehicle (EV) giant BYD has reported a significant slowdown in its financial performance for the first quarter of 2024, revealing the impact of ongoing price wars and cooling demand in the world's largest auto market. The company's latest earnings illustrate a challenging period marked by a steep drop in quarterly profit growth and a reduction in revenue compared to previous quarters. 
Chinese electric vehicle (EV) giant BYD has reported a significant slowdown in its financial performance for the first quarter of 2024, revealing the impact of ongoing price wars and cooling demand in the world's largest auto market. The company's latest earnings illustrate a challenging period marked by a steep drop in quarterly profit growth and a reduction in revenue compared to previous quarters. -
Chinese Automaker BYD Launches $233,000 Yangwang U9 Electric Supercar, Eyes Global High-End Market
Chinese automaker BYD, best known for affordable electric vehicles, is venturing into luxury territory with its Yangwang U9 electric supercar launch. This marks a dramatic pivot for the brand, which dominates its domestic market while rapidly expanding overseas. Chinese automaker BYD, best known for affordable electric vehicles, is venturing into luxury territory with its Yangwang U9 electric supercar launch. This marks a dramatic pivot for the brand, which dominates its domestic market while rapidly expanding overseas. -
Chinese EVs Gain Ground in Europe, Challenging Auto Industry Giants
The electric vehicle (EV) market in Europe is witnessing a significant shift as Chinese automakers, leveraging their success in the domestic market, are making notable inroads into the continent, challenging traditional European car manufacturers. The electric vehicle (EV) market in Europe is witnessing a significant shift as Chinese automakers, leveraging their success in the domestic market, are making notable inroads into the continent, challenging traditional European car manufacturers. -
BYD Discusses Acquiring Brazil's Sigma Lithium to Build Integrated Supply Chain: Report
BYD's recent discussions with Sigma Lithium, a Brazilian lithium producer, mark a significant move towards securing a robust supply chain for essential raw materials, 
BYD's recent discussions with Sigma Lithium, a Brazilian lithium producer, mark a significant move towards securing a robust supply chain for essential raw materials, -
BYD and Two Other Chinese Brands Plan Factories in Mexico, China's Second-Largest Car Export Destination
Mexico, a key export destination for Chinese automobiles, is witnessing an expansion of Chinese car manufacturers who are planning to set up factories in the region. This move follows the successful mass production of some Chinese industrial chain companies in Mexico. Mexico, a key export destination for Chinese automobiles, is witnessing an expansion of Chinese car manufacturers who are planning to set up factories in the region. This move follows the successful mass production of some Chinese industrial chain companies in Mexico. -
BYD's Financial Triumph: Q3 Net Profit Set to Double Amid NEV Sales Surge
China's electric vehicle behemoth, BYD, has projected its net profit for the third quarter to skyrocket, potentially doubling from the previous year. This announcement has sent ripples across the automotive and financial sectors, underscoring China's burgeoning dominance in the new energy vehicle (NEV) market. China's electric vehicle behemoth, BYD, has projected its net profit for the third quarter to skyrocket, potentially doubling from the previous year. This announcement has sent ripples across the automotive and financial sectors, underscoring China's burgeoning dominance in the new energy vehicle (NEV) market. -
China's BYD Surges Ahead in Southeast Asia, Outpacing Rivals Including Tesla
China's electric vehicle (EV) behemoth, BYD, is making significant inroads in Southeast Asia, leveraging strategic partnerships to expand its footprint and outpace competitors, including the renowned Tesla. The company has managed to capture over a quarter of the EV market share in the region, showcasing its dominance and the effectiveness of its expansion strategies. China's electric vehicle (EV) behemoth, BYD, is making significant inroads in Southeast Asia, leveraging strategic partnerships to expand its footprint and outpace competitors, including the renowned Tesla. The company has managed to capture over a quarter of the EV market share in the region, showcasing its dominance and the effectiveness of its expansion strategies. -
Chinese EV Brands Dominate Thailand's Market, with BYD and NETA Leading the Pack
Chinese electric vehicle (EV) brands are making a significant mark in Thailand's market. Recent data released by Thailand's AutoLife website for August 2023 reveals that out of the top ten registered EV models for the month, eight were from Chinese brands. Chinese electric vehicle (EV) brands are making a significant mark in Thailand's market. Recent data released by Thailand's AutoLife website for August 2023 reveals that out of the top ten registered EV models for the month, eight were from Chinese brands. -
BYD Electronics Acquires Jabil Factory for $2.27 Billion: An Apple Supplier's New Ownership
On August 28, BYD Electronics announced that it had signed a framework agreement with Jabil Circuit (Singapore) Pte Ltd, intending to purchase 100% of its shares for approximately 158 billion yuan. This acquisition primarily involves the manufacturing operations located in Chengdu and Wuxi, including the component manufacturing business for existing clients. This activity is currently managed by the seller and its affiliated companies. BYD stated that this acquisition aims to expand its client base and diversify its smartphone component business, significantly improving the structure of its clientele and products. 
On August 28, BYD Electronics announced that it had signed a framework agreement with Jabil Circuit (Singapore) Pte Ltd, intending to purchase 100% of its shares for approximately 158 billion yuan. This acquisition primarily involves the manufacturing operations located in Chengdu and Wuxi, including the component manufacturing business for existing clients. This activity is currently managed by the seller and its affiliated companies. BYD stated that this acquisition aims to expand its client base and diversify its smartphone component business, significantly improving the structure of its clientele and products.
