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During the China NEV Development High-Level Forum on September 23, Wang Chuanfu, Chairman of major Chinese automobile and battery maker BYD, said that the firm will adhere to the parallel development of pure electric and hybrid technology.
BYD Auto, China's leading new energy vehicle manufacturer, has recently edged Tesla to become the world's top-selling EV brand for the first time, according to a global sales report by Counterpoint.
BYD announced that its Chilean subsidiary, BYD Chile SpA, has reached an agreement with Chilean governmental organization CORFO on lithium battery material production.
Chinese EV maker BYD sold 641,400 new energy vehicles in the first half of 2022, up 315% year-on-year. BYD continues to maintain its leading position in the domestic EV market, and has surpassed Tesla to become the leading EV company by sales.
Shenzhen-based automotive firm BYD released a financial report on August 29, showing that its revenue in the first half of this year reached 150.607 billion yuan ($21.8 billion), a year-on-year increase of 65.71%.
Chinese automaker BYD held a media event in Mexico on November 29, during which the firm's Han sedan and Tang SUV debuted in the country. These vehicle models are expected to be launched in Mexico in 2023.
On March 14, Tesla Chief Executive Elon Musk and Chinese electric vehicle and battery maker BYD denied a media report that said the U.S. giant was ending its cooperation with BYD on battery supplies.
As the COVID-19 outbreak shows few signs of ebbing, the impact of the epidemic is becoming evident in pretty much all industries. China’s new energy vehicle (NEV) sector is no exception.
On August 9th, Shenzhen, China - BYD, the world’s leading manufacturer of new energy vehicles and power batteries, rolled off its 5 millionth new energy vehicle (NEV), a DENZA N7, on August 9th, making it the first automaker in the world to achieve this milestone.
On August 23, the China Association of Automotive Manufacturers (CAAM) announced the top 10 sales list of SUV brands in the domestic market during July, among which BYD's Song DM model sold over 30,000 units, reaching the top of the list.
BYD's new sports car spy photos exposed, expected to belong to Denza, performance comparable to Porsche 911.
Liu Xueliang, President of BYD Auto Japan Inc., said that the company is now aiming to open 100 electric car sales stores in Japan by 2025.