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BYD’s home city in China now has more supercharging plugs than gas pumps

Baua Electric

Photo: Shenzhen Government Online Shenzhen, the home of Chinese EV giant BYD, says it’s become the first in China to have more supercharging plugs than gas pumps. As Electrek reported in April , BYD received direct government subsidies of “at least” $3.7 ad* FTC: We use income earning auto affiliate links. The city of 12.5

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BYD overtakes VW’s 15-year-run as top seller in China

Baua Electric

500,000th BYD Dolphin rolls off assembly line (Source: BYD) China’s behemoth BYD overtook Volkswagen as the best-selling car brand in China last year, the first time any carmaker outsold the German brand since at least 2008. BYD reported 2.4 BYD reported 2.4 Last year, BYD sold 1.6

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EVs reach 90% market share in Norway as the overall auto market falters – Charged EVs

Baua Electric

In the month of February, plug-in vehicles took 92.1% of the entire auto market. The steady rise of EVs is occurring against a backdrop of slower overall auto sales. For better or for worse, a lack of low-priced options seems likely to result in declining overall auto sales. of the market, up from 90.1% year-on-year.

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Battle for ‘tech luxury’ in China as EVs get smarter – and cheaper – ET Auto

Baua Electric

But other Chinese automakers, including state-run companies that were later entrants to the EV race, have closed the gap on sub-USD 10,000 EVs at the Beijing auto show that began Thursday. Last year, BYD shocked the automotive industry with the release of its Seagull EV, now priced under USD 10,000, at the Shanghai auto show.

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BYD’s luxury brand unveils its first sedan, the sleek U7, with over 1,000 horsepower

Baua Electric

After overtaking Tesla as the global EV sales leader in the last three months of 2023, BYD continues to expand. BYD’s new flagship sedan will be a powerhouse with over 1,000 hp. But it won’t be cheap. BYD sold nearly 1.6 Less than a month ago, BYD launched the Song L electric SUV.

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China says it will ‘rein in’ the flood of EVs coming our way

Baua Electric

BYD Atto 3 (Source: BYD) Europe and the US say that Chinese EV development is running wild and unchecked and on the verge of overwhelming the global market with, well, EVs the rest of the world can’t compete with. million fully battery-electric vehicles last year, overtaking Telsa in overall BEV sales.

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Europe may slap retroactive tariffs on Chinese EVs

Baua Electric

Back in October 2023, Europe launched its formal investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the European Union. BYD alone sold 1.6 Possible “remedies” on the table include retroactive tariffs on Chinese EVs.

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