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NEWS TAGGED BYD
Tuesday 29 November 2022
Chinese car makers yet to match US$30,000 goldilocks EV price
Recent Tesla discounts in China have put its EV prices in the range of CNY200,000-350,000 (US$27,856-48748), which is around the US$30,000 price point that is considered the crossover...
Wednesday 16 November 2022
BYD again terminates IPO plan for semiconductor business
As rapidly rising sales of new energy vehicle (NEV) keep driving demand for auto chips, BYD, the largest NEV seller and manufacturer in China, has decided to delay its IPO plan for...
Wednesday 9 November 2022
China's new energy vehicle sales jump 75%, led by BYD then Tesla
Retail sales of new-energy vehicles in China rose 75% in October from a year earlier, led by top seller BYD, though Covid-related disruptions left them 9% down from the previous mo...
Tuesday 1 November 2022
BYD 3Q22 gross margin nears 20%
BYD posited a big leap in revenue and net profit for the third quarter this year. Production growth slowed but gross margin rose to 19%.
Wednesday 26 October 2022
Great Wall Motor on track to build its own chips
Chinese automaker Great Wall Motor (GWM) has announced it will set up a fully-owned semiconductor subsidiary to foster its own chip design and manufacturing with a registered capital...
Tuesday 25 October 2022
Toyota launches EV co-developed with BYD, reportedly considering a strategy revamp
Toyota Motor just launched the first EV model that it jointly developed with China-based BYD to gain a presence in the world's largest EV market. On the other hand, the Japanese automaker...
Friday 21 October 2022
Global 200mm fab capacity to surge 20% through 2025, says SEMI
Semiconductor manufacturers worldwide are expected to see their combined 200mm fab capacity increase 20% from 2021 through 2025, adding 13 new 200mm lines as the industry reaches...
Tuesday 18 October 2022
BYD and other battery makers expand production at home and abroad
China's EV battery demand continues to grow, leading to frequent production expansion by significant suppliers in the lithium battery sector. The market scale is over CNY100 billion...
Friday 14 October 2022
Can Chinese home-grown EV makers dominate overseas markets?
China, as the largest car market worldwide, has fostered many home-grown electric vehicle (EV) brands over the years . These carmakers are bringing their gusiness models overseas...
Thursday 13 October 2022
BYD launches passenger EV in India, targeting 40% market share
BYD, amid its global expansion, has launched a new EV model in India despite a souring India-China relationship that may have a negative impact on BYD's India plans.
Tuesday 4 October 2022
China carmakers request 15-20% price cuts for chips in sufficient supply
With automotive chip shortages gradually abating, Chinese automakers reportedly have asked suppliers to cut prices by 15-20% on those chips not in short supply, looking to reduce...
Tuesday 4 October 2022
BYD sales hit fresh record as Chinese consumers embrace hybrids
BYD notched up a 7th consecutive monthly sales record for electric and hybrid vehicles in September, selling just over 200,000 units for the first time, and comfortably beating clean...
Monday 12 September 2022
BYD to build EV manufacturing ecosystem in Rayong, Thailand
Chinese EV maker BYD has acquired land from Thailand's WHA Group to build its first overseas factory for passenger vehicles outside China, according to Chinese-language news outlet...
Friday 2 September 2022
CATL stepping up battery materials recycling
Galloping prices of power battery materials are heaping heavy cost pressures on both EV and battery makers, fueling a new wave of materials recycling development in China, with even...
Friday 2 September 2022
BYD revenue increases 65.7% in 1H22
BYD's auto business, including battery and PV manufacturing, raked in over CNY100 billion (US$14.48 billion) in revenue in the first half of 2022.