After getting a jump on competitors in the latest round of China's electric-vehicle price war, BYD Co. now faces a key test of proving that it can withstand the impact on profits.
China recently released official data indicating that in 2023, China's automobile production and sales generated a total value of CNY11 trillion (approx. US$1.52 trillion), accounting...
China remains a critical car market while a reshuffle has been underway. Several suppliers who had focused on safety components entered the EV radiator segment per customers' requests,...
Not content with unseating Tesla Inc. as the world's top-selling electric car maker, BYD Co. has now set its sights on stealing customers from the likes of Toyota Motor Corp. and...
China considers the third generation of semiconductors as the dominant industry that can outperform its global competitors. The silicon carbide (SiC) industry achieved significant...
China's automotive market is poised to see another round of price cuts as the Dragon year has just started. Leading EV maker BYD launched two new variants of plug-in hybrid EVs priced...
BYD released a forecast about its 2023 financial performance at the end of January. The EV maker's net profits will not meet the market-expected CNY31.5 billion (US$4.41 billion)...
China-based BYD saw its battery EV sales volume surpass Tesla in the fourth quarter of 2023, becoming the world's largest EV seller. BYD reduced its vehicle prices significantly at...
The fierce price cuts persisting in China and other EV markets have burdened automotive suppliers. Japan-based Nidec, an electric motor drive technology provider, just scaled down...
In recent years, the market share of New Energy vehicles (NEVs) has risen steadily, emerging as a dark horse in the automotive industry. However, their global market penetration remains...
With a strategic push to assert dominance in the worldwide television market through competitive pricing, China's TCL, a prominent TV manufacturer, has recently referenced Omdia data,...
China-based EV makers are expanding aggressively overseas, triggering a "war" between EVs and internal combustion engine (ICE) vehicles in Thailand. The situation has pressured Japanese...
China-based Geely Automobile's profitability has remained stable in the first half of 2023. While the company saw its revenue grow by more than 25% from 2022, its gross profit margin...
