article thumbnail

BYD is stealing Toyota’s limelight in this key auto market with low-priced EVs

Electrek

China’s largest EV maker, BYD , is quickly making a name for itself in overseas markets. Despite recently entering the Thai auto market, BYD has already surpassed several Japanese rivals in sales as it sneaks up on Toyota’s spotlight.

BYD 143
article thumbnail

The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

China is the world’s largest automotive market, and understandably so, an important one for electric vehicle (EV) makers like Tesla. Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. While BYD said just last month that it has no plans to enter the U.S. auto market anytime soon , some U.S.

article thumbnail

BYD NEV sales up 262.9% YOY in October

Green Car Congress

BYD sold 88,898 passenger vehicles in October, increasing 90.9% By the end of October, the cumulative annual sales of BYD passenger vehicles topped 200,000 units. positioning BYD as a dominant player in China’s plug-in hybrid vehicles market. BYD introduced the e-platform 3.0 year on year (YoY) and 12.5%

BYD 448
article thumbnail

BYD to unveil electrified pickup truck at Beijing Auto Show

Teslarati

BYD is expected to unveil its electrified pickup truck at the Beijing Auto Show on April 25. BYD officially announced that its upcoming electrified pickup truck will be called the Shark. The BYD Shark’s promos have been in English, hinting that the electrified pickup truck will be built for the overseas market.

BYD 102
article thumbnail

BYD launches 3 new electric vehicles at the Paris Motor Show

Green Car Congress

BYD is launching three new battery-electric passenger vehicles in Europe at the Paris Motor Show, including the BYD ATTO 3, a C-segment SUV designed with the European customer in mind; the BYD TANG, a 7-seater with variable all-wheel drive; and the sporty sedan BYD HAN. BYD’s new generation e-Platform 3.0,

BYD 273
article thumbnail

BYD profits decline 47% quarter-over-quarter in Q1 2024

Teslarati

BYD’s profits declined by 47% in the first quarter of 2024 compared to Q4 2023. BYD sold more than 300,000 battery electric vehicles (BEVs) in the first quarter, down from 526,000 in the fourth quarter of 2024. China’s ongoing EV price war has affected economic growth as automakers compete for more market share.

BYD 131
article thumbnail

BYD celebrates 7 million new energy vehicle (NEV) production milestone

Teslarati

That time has long passed, and BYD’s presence in the hybrid, PHEV, and BEV sector has grown to a point where it has garnered the respect of the global auto industry. This was highlighted recently, when BYD celebrated a new milestone by producing its 7 millionth new energy vehicle (NEV).

BYD 120