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BYD to build new $1.2B battery factory in China

Teslarati

Now, as the company looks to expand outside of Asia, it is doubling down on its Chinese production capabilities. The environmental fillings found on a local Chinese government website state that the project will come at an expected cost of 8 billion yuan ($1.2 If you have news tips, email us at tips@teslarati.com !

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BYD is now shipping its own EVs as first cargo ship heads to Europe

Baua Electric

1 is the first Chinese-made ship designed to carry domestic EVs overseas. First BYD ship sets sights on Europe to deliver EVs Marking a “new era” for Chinese vehicles, BYD’s first ship designed to carry EVs arrived at Yantai Port on January 9. BYD is already a leader in key auto markets like Thailand , Brazil, and Columbia.

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BYD is launching its next-gen Blade EV battery soon with more range and even lower cost

Baua Electric

BYD’s CEO, Wang Chuanfu, said the new battery will be even smaller and lighter with the same endurance during a recent financial meeting, according to a report by Fast Technology. BYD claims new energy vehicles have entered “the knockout round” over gas-powered cars with superior tech and comparable prices.

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BYD to stop making pouch batteries for its hybrid EVs on leakage concerns – sources – ET Auto

Baua Electric

No cases of battery leakages from BYD cars have been reported by the automaker or Chinese regulators to the public. It uses such batteries in all of its PHEV models, which made up 48% of its total car sales of 3 million units in 2023 and are almost all sold in China. BYD posted record third-quarter profit of 10.41 billion yuan ($1.45

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China’s JAC plans Aussie push with EV ute benchmarked against Rivian R1T

EV Central

Pecotic, a China auto industry veteran, has had a previous stint with JAC when it briefly sold a diesel truck here a decade ago, as well as WMC (Foton) utes and MG, which is part of Chinese manufacturing giant SAIC. The JS6 is the first JAC to be based on the company’s new MIS (Modular Intelligent Structure) architecture.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Chinese car makers can undercut rivals in Europe because their production costs are heavily subsidised. million EVs in 2023 In China, the number of new electric car sales reached 8.1 As in many other countries in the region, foreign carmakers – especially Chinese – are increasingly entering the market. China exported over 1.2

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Using the PHEV (Plug-In Hybrid Electric Vehicle) to Transition Society Seamlessly and Profitably From Fossil Fuel to 100% Renewable Energy

Green Car Congress

The PHEV (Plug-in Hybrid Electric Vehicle), a subset of the electric car, combines a primary electric motor with a much smaller back-up engine fueled with a hydrocarbon/biofuel mix. (In In this paper PHEV refers solely to the long-range PHEV of 60 miles (100 km) electric-only range.) It is much more than that.

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