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BYD and UzAuto to form NEV production JV in Uzbekistan

Green Car Congress

BYD and Uzavtosanoat JSC (UzAuto) signed an agreement to establish a joint venture company producing new energy vehicles (NEVs). Founded in 1995, BYD is a leading NEV (plug-in hybrids and battery-electric vehicles] manufacturer. As of November 2022, BYD has sold more than 3 million NEVs to global customers.

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Ford supplier gets rights to localize BYD LFP blade battery production 

Teslarati

BYD licenses LFP blade battery cells to BorgWarner, a supplier for Ford, General Motors, and Stellantis. BorgWarner signed a strategic agreement with FinDreams Battery, a subsidiary of BYD Company Limited. At the beginning of 2024, news broke that BYD was reportedly planning to phase out pouch-type batteries.

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

Teslarati

Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. BYD launched its Seagull, a small hatchback EV with a price tag starting at 69,800 yuan (~$9,773), at the Shanghai Auto Show last year. While BYD said just last month that it has no plans to enter the U.S. BYD last year sold 1.57

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Ford, GM & four other OEMs commit to phase out gas car production by 2040

Teslarati

Six major automakers will pledge to phase out the production of ICE vehicles worldwide by 2040, said the British government in a statement. Some OEMs have committed to ending fossil fuel vehicle production at the COP26 summit, taking a proactive approach toward mitigating climate change. During the gathering, Volvo, Ford Motor Co.,

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Tesla still leads battery EV market by a mile

Teslarati

General Motors and Volkswagen have set their eyes on taking Tesla’s crown, but the Elon Musk-led company isn’t letting up, so it won’t be easy. According to Barron’s , BYD was the closest top seller to Tesla selling 323,519 vehicles in the first six months of this year. The Teslarati team would appreciate hearing from you.

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Stellantis CEO: “Bloodbath” coming if EV makers follow Tesla and Musk in “race to the bottom”

Teslarati

” The Stellantis CEO’s comments came amidst Ford’s announcement that it was scaling back production and trimming its workforce that is producing the F-150 Lightning. Stellantis CEO Carlos Tavares has warned that a “bloodbath” is coming if EV makers follow Tesla and Elon Musk in a “race to the bottom.”

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GM employs Tesla-esque direct-to-consumer sales strategy in China

Teslarati

General Motors (GM) plans to launch a wholly-owned direct sales platform, Durant Guild, in China. The head of GM China, Julian Blissett, noted that the OEM’s goal with Durant Guild isn’t to sell volume but instead change the perception Chinese consumers have about General Motors. What is Durant Guild?

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