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. In March 2024, BYD set lower sales growth goals for the year.

BYD 131
article thumbnail

Nio & BYD consider battery supply collaboration

Teslarati

Chinese automaker Nio and BYD are considering a battery supply collaboration. Nio is turning to BYD batteries for its new affordable electric vehicle (EV) brand. On the other hand, BYD’s collaboration with Nio will help expand its revenue. The new EV brand will be called Onvo in English and Ledao in Chinese.

BYD 92
article thumbnail

BYD Shark pickup truck to debut in Mexico this month

Teslarati

Chinese automaker BYD plans to debut its new energy pickup truck, Shark, in Mexico this month. The BYD Shark will make its global debut in Mexico on May 14, 2024. The BYD Shark was pitted against electric vehicles like the Tesla Cybertruck and the Ford F-150 Lightning.

Mexico 82
article thumbnail

BYD plans to launch Tesla Cybertruck competitor in 2024

Teslarati

BYD plans to launch an electric pickup truck to compete against the likes of the Tesla Cybertruck and the Ford F-150 Lightning. BYD revealed photos of its first electric pickup truck, showcasing its general appearance. She added that BYD does not have plans to enter the United States.

BYD 125
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. Given that the automaker’s other electric vehicles (EVs) are called the Seal and Dolphin, BYD’s pickup truck definitely follows the sea animal theme.

BYD 107
article thumbnail

BYD tests PHEV pickup truck in Mexico [Video]

Teslarati

BYD was recently spotted testing its upcoming hybrid pickup truck in Mexico. As a PHEV, comparing BYD’s hybrid pickup truck with fully electric cars like the Tesla Cybertruck or Ford F-150 Lighting would be similar to comparing apples to oranges. BYD will reportedly equip its hybrid pickup truck with a 31.8

Mexico 107
article thumbnail

Comment on BYD names its 1st pickup truck model BYD Shark by Kai Liu

CN EV Post

BYD's first new-energy pickup truck is officially named BYD Shark, built on the DMO super hybrid off-road platform, the company said.

BYD 98