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BYD, Toyota to establish joint company for battery-electric vehicle research and development

Green Car Congress

BYD Company Ltd. The new R&D company, which will work on designing and developing BEVs (including platform) and its related parts, is anticipated to be established in China in 2020, with BYD and Toyota to evenly share 50% of the total capital needed. —BYD senior vice president Lian Yu-bo.

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BYD overtakes VW’s 15-year-run as top seller in China

Baua Electric

500,000th BYD Dolphin rolls off assembly line (Source: BYD) China’s behemoth BYD overtook Volkswagen as the best-selling car brand in China last year, the first time any carmaker outsold the German brand since at least 2008. BYD reported 2.4 BYD reported 2.4 Last year, BYD sold 1.6

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Daimler AG Signs Memorandum of Understanding with BYD Company Limited to Establish a Technology Partnership for Electric Vehicles in China

Green Car Congress

Daimler AG signed a Memorandum of Understanding (MoU) with BYD Company Limited to enter into a comprehensive technology partnership for the development of electric vehicles for China. Under the agreement, Daimler and BYD intend to develop a new electric vehicle specific to the requirements of the Chinese market.

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Lear Corp. assured about seating trade expansion

Baua Electric

Lear is able to sourcing 82 % of seating elements internally, up from 36 % in 2008, stated Frank Orsini, head of Lear’s world seating unit. Contemporary acquisitions of Kongsberg Automobile’s Inside Relief Programs trade unit and seating thermal methods provider I.G. Stocks in Lear rose 1.32 % to $140.61 ranks Refuse.

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China’s GAC Debuts Ammonia-Powered Car Engine

The Truth About Cars

Meanwhile, China’s state-owned Guangzhou Automobile Group Company (GAC) has announced it had developed an engine powered by ammonia with help from Toyota Motor Corporation during its annual technology showcase. Its EV brand Aion became the third best selling clean-car brand in the country, behind BYD Co. and Tesla Inc.,

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Tesla Aiming For New Milestone Of Two Million Cars

MyEVOnline

Elon Musk, CEO of Tesla, posted the picture of a red Model Y on his Twitter along with his team, announcing the one-millionth car on March 9th, it took the company only 12 years to reach the mark since it produced its first car back in 2008. On the other hand, BYD’s total production rate also includes the sales of its plug-in hybrid.

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Who is winning the green car race? Part II. The Green Piece

Green Cars News

Chinese automaker BYD may have been founded in 2003, but it wasn’t until 2008 that it garnered mainstream attention when Berkshire Hathaway, led by Warren Buffet, bought a 10 per cent stake in its parent company. Aixam-Mega: The French automobile maker has actually been around since 1983 and is Europe’s largest producer of microcars.