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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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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. The Chinese automaker revealed a few details about its first pickup truck to pique people’s interest before the unveiling. BYD officially announced that its upcoming electrified pickup truck will be called the Shark.

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BYD tests PHEV pickup truck in Mexico [Video]

Teslarati

BYD was recently spotted testing its upcoming hybrid pickup truck in Mexico. More information about the Chinese automaker’s first new energy pickup truck has come out. 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.

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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. According to the Chinese company’s announcement, it has developed a midsize-to-large pickup truck for the global market. She added that BYD does not have plans to enter the United States.

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Tesla to receive battery supply from BYD, claims auto executive

Teslarati

It appears that Tesla will soon be receiving batteries from another supplier in China. During a recent interview with local media, a BYD executive stated that the Chinese car and battery maker would be supplying the American EV company with batteries. . BYD respects Tesla, and we admire Tesla.

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China’s BYD tops sales of 3 million EVs in 2023

Electrek

It was a huge year for profits at Chinese auto behemoth BYD. million fully battery-electric vehicles, coming close to Tesla’s projected goal of 1.8 Adding up sales for all so-called new energy vehicles, including battery-only vehicles and plug-in hybrids, BYD sold a whooping 3 million vehicles in 2023.

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BYD Chairman forecasts falling profit margins in 2024

Teslarati

BYD Chairman Wang Chuanfu forecasts falling profit margins in 2024 but remains confident that the company will maintain stable profitability. Wang predicted that the intensifying price war in China would result in falling profit margins for BYD. BYD hopes to ensure stable profitability by improving sales. million EVs , up 14.7%

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