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Chinese electric auto-giant BYD has released a bold supercar concept through its premium Fang Cheng Bao brand. The Super 9 rocks no roof, the barest hint of windscreen, and lascivious scissor doors – and it's apparently headed for production. BYD is the world’s largest EV producer. It produced 20% of the 10 million EVs sold globally last year, from Tesla (13%), Volkswagen (9%) and General Motors (6%) – those are all very rough figures for simplification purposes. For stats – go here. It is also the dominant brand in the world’s largest and fastest growing automotive market, at a time...

In recent months Tesla has had a bumpy ride. In January the electric-vehicle (ev) pioneer warned that growth would be “notably lower” this year, as motorists’ enthusiasm for battery power loses charge. The same month it had to suspend most production at its giant factory near Berlin because of supply disruptions caused by turmoil in the Red Sea. Its market share in China, the world’s biggest ev market, is falling as it fends off cheaper local competition, especially from byd, which late last year briefly eclipsed Tesla as the world’s biggest ev-maker. Tesla hit another big pothole on April 2nd,...

Leading global EV maker BYD’s electric pickup was recently spotted testing in Australia, suggesting the new model could be launching overseas soon. BYD’s new rugged electric pickup is rolling out soon BYD has been developing an electric truck for years now. Chinese auto media website CarNewsChina spotted test models at BYD’s facility back in November 2022. Last year, BYD’s electric pickup was spotted testing in China. Despite the camouflage, you could clearly see a charging port on the right, among other features suggesting it’s electric. A leaked patent in October gave us a better idea of what to expect. The...

China's BYD is leaving rivals behind in both China's and global EV markets. Image: BYD BYD overtook Tesla to become the world’s largest supplier of battery-powered electric vehicles in the fourth quarter of 2023, by a substantial margin of 526,000 to 484,000 units sold. But in China, the race for market dominance isn’t nearly as close. Indeed, Volkswagen, BMW, Toyota, Honda, Nissan and several Chinese companies outpace Tesla in the overall Chinese auto market. American and European politicians who are fond of ranting about China’s closed markets should take note that Chinese consumers appreciate German and Japanese quality like almost...

hinese electric-vehicle giant BYD is thinking about building a car assembly plant in Mexico. That’s one way to crack the U.S. market. The possibility of a BYD plant in this region is a big deal and while Tesla, General Motors, and Ford Motor have time to prepare they should start getting ready right now. Wednesday, Nikkei Asia reported that BYD was considering building a car plant in Mexico. Ultimately, that would be the avenue for BYD cars to enter the North American market. BYD didn’t immediately respond to a request for comment about its expansion plans. “The company’s spokesperson did...

A decade ago, Elon Musk laughed off the threat posed by Chinese electric carmaker BYD. He's not laughing now. The Tesla CEO warned investors in a recent earnings call that Chinese EV firms will "demolish" their Western rivals if trade barriers aren't put in place to limit their expansion, after BYD finally overtook Tesla as the world's top seller of electric cars. "The Chinese car companies are the most competitive car companies in the world," Musk told investors during Tesla's Q4 earnings call. "If there are no trade barriers established, they will pretty much demolish most other car companies in...

Elon Musk’s Tesla has been one of the largest electric vehicle manufacturers in recent years thanks to its range of reasonably priced, high-tech EVs like the Tesla Model Y and the newly introduced Cybertruck. Chinese manufacturers have made huge progress in recent years by expanding across Europe and North America with the aim of securing a significant global market share. Major Chinese firms can benefit from cheaper production costs and greater access to materials needed to manufacture electric vehicles, putting them ahead of the competition. Elon Musk has now warned that manufacturers from China will have “significant success” outside of...

BYDDY ▼‎-0.54%‎ TESLA, INC. TSLA ▼‎-3.67%‎ Now, investigators from the European Commission will visit Chinese EV makers as part of a probe into whether they have an unfair advantage thanks to government subsidies. In the coming weeks, the EU investigators will visit BYD, Geely, and SAIC, according to Reuters. Their visits will help determine whether the EU imposes higher tariffs to protect European carmakers. BYD recently overtook Elon Musk’s Tesla as the global leader in sales of electric vehicles. Backed by Warren Buffett’s Berkshire Hathaway, the carmaker keeps its costs low partly by owning the entire supply chain of its...

Warren Buffett’s Berkshire Hathaway has significantly reduced its stake in Chinese electric car manufacturer BYD in a series of sales over the past 18 months, according to recent filings. The most recent share sale occurred on October 25, just days before BYD announced record quarterly earnings. This prompted some analysts to raise their price targets for the company. During the quarter, BYD’s auto segment achieved a net profit of Rmb9.4 billion ($1.28 billion), equivalent to an impressive net profit of Rmb11.4k per car, according to Paul Gong, the head of China auto at UBS Global Research. Gong attributes this success...

During his trip to China to discuss climate change (and "combating xenophobia," but nothing else), California Gov. Gavin Newsom toured the Shenzhen facility of electric automobile manufacturer Build Your Dreams (BYD) and tested out their newest product. Great! With a $3,200 down payment and a new car loan at, say, 6.34 percent, your payment will be only $3200 - and that's without California sales tax. Then we have registration fees, some of which vary by county and city in the state. If you live in Santa Monica, you can expect to pay $17,357 in registration fees on top of that...

When Laima Springe-Janssen was looking to replace her French-made gasoline-powered SUV with an electric car, she considered models from Volvo and Nissan. The Volvo extras she wanted would have busted her budget, while the Nissan lacked the “wow factor.” The Copenhagen, Denmark, resident ended up buying a compact SUV from China’s BYD. “I really, really love the car,” Springe-Janssen said. For the equivalent of about $50,000, the Atto 3 SUV came with “all these goodies” like a 360-degree dash cam, two years of free charging and an extra set of winter tires. Her husband likes it so much he’s considering...

Build Your Dream (BYD), the rising star of electric mobility in China was introduced at Auto Shanghai earlier this year. BYD Auto’s Seagull is being touted as a game-changer for the EV industry. The 5-door hatchback is the smallest vehicle in BYD’s range of electric vehicles. But what is so special about this tiny A-segment city car and how can it challenge the giants in the US market? This is why we have penned this article. So get ready to find every little detail about BYD. (Please see link for information on this tiny car)

(Reuters) - Every time Lucid Group Inc or Rivian Automotive Inc sells an electric car, they are losing hundreds of thousands of dollars due to staggering raw material and production costs, their latest earnings statements showed. Quarterly reports from electric vehicle (EV) makers from the past two weeks show them struggling to hit delivery targets and rapidly burning through cash. Lucid's cost of revenue surged to $492.5 million in the July-September quarter from $3.3 million a year earlier, and its losses widened as customers canceled orders fearing long wait times. U.S.-listed British firm Arrival SA warned last week it may...

By Akash Sriram (Reuters) - Every time Lucid Group Inc or Rivian Automotive Inc sells an electric car, they are losing hundreds of thousands of dollars due to staggering raw material and production costs, their latest earnings statements showed. Quarterly reports from electric vehicle (EV) makers from the past two weeks show them struggling to hit delivery targets and rapidly burning through cash. Lucid's cost of revenue surged to $492.5 million in the July-September quarter from $3.3 million a year earlier, and its losses widened as customers canceled orders fearing long wait times. The company, which went public a little...

Two months after Gov. Gavin Newsom announced a nearly $1-billion deal with Chinese automaker BYD to purchase respirators, California has yet to receive any of the much-needed N95 masks. And on Friday, state officials announced that they would give the company a second extension to deliver on its promise... ...While state lawmakers said they understood the state's desire to buy the critical supplies, the governor received bipartisan blowback for how his administration handled the deal. Lawmakers said they learned about the $1-billion contract at the same time as the public, when Newsom went on MSNBC's The Rachel Maddow Show...The governor’s...

“We’ve been competing against other states, against other nations, against our own federal government for PPE — coveralls, masks, shields, N95 masks — and we’re not waiting around any longer. And we’re no longer interested in the progress that we were seeing in the past.” That was California governor Gavin Newsom in an April 7 MSNBC appearance with Rachel Maddow. As Newsom added, “In the last 48 hours we have secured –through a consortia of nonprofits and a manufacturer here in the state of California – upwards of 200 million masks on a monthly basis that we’re confident we can...

Chinese automakers have been making noise about entering the North American market for years, stretching back a decade or more. A combination of factors – from the disjointed nature of the Chinese auto industry to lingering quality issues – have kept that from happening, but the day when Chinese cars roam the Great American Road may finally be upon us. Following aborted efforts by such automakers as Geely and Great Wall, it's BYD that appears to be leading the charge this time. The company backed by investor Warren Buffett's Berkshire Hathaway conglomerate is now targeting 2015 – just a year...

State and local officials announced Friday that Chinese hybrid electric automaker BYD Co. will open its U.S. headquarters in downtown Los Angeles. China’s fourth-largest automaker expects to create at least 150 jobs here by 2011 as it rolls out its fleet of vehicles to California markets first before expanding throughout the country. “By bringing global alternative energy companies to Los Angeles, we are securing our future and building the foundation for an emerging industry that will attract good paying, green collar jobs for generations of Angelenos,” said Mayor Antonio R. Villaraigosa during a City Hall press conference that included Gov....

DETROIT - Fledgling Chinese automaker BYD Auto Co. Ltd. - a Chinese battery maker with backing for its auto venture from billionaire Warren Buffet - announced yesterday that it plans to formally enter the crowded and competitive U.S. auto market by 2011. Eyes Toledo for Plant Site

Shenzhen, China (AHN) - China's BYD Co., which is 10 percent owned by U.S. investor Warren Buffett, said Monday that it has launched the world's first homegrown electric, mass-produced plug-in hybrid car.