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BYD NEV sales up 262.9% YOY in October

Green Car Congress

BYD sold 88,898 passenger vehicles in October, increasing 90.9% By the end of October, the cumulative annual sales of BYD passenger vehicles topped 200,000 units. positioning BYD as a dominant player in China’s plug-in hybrid vehicles market. BYD introduced the e-platform 3.0 year on year (YoY) and 12.5%

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BYD offers discounts for Song and Seal as China's auto price war intensifies

CN EV Post

Consumers who order BYD 's Song Plus lineup this month will receive a discount of RMB 6,800, or RMB 8,800 for the Seal. Image from BYD's Weibo) As the price war intensifies in China's auto industry, BYD has also started offering discounts for its two models, even though the official prices remain unchanged.

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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. China’s ongoing EV price war has affected economic growth as automakers compete for more market share.

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BYD launches 3 new electric vehicles at the Paris Motor Show

Green Car Congress

BYD is launching three new battery-electric passenger vehicles in Europe at the Paris Motor Show, including the BYD ATTO 3, a C-segment SUV designed with the European customer in mind; the BYD TANG, a 7-seater with variable all-wheel drive; and the sporty sedan BYD HAN. BYD’s new generation e-Platform 3.0,

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Daimler and BYD restructure DENZA joint venture to 10:90

Green Car Congress

Daimler Greater China Ltd. and its long-term Chinese partner BYD Auto Industry Co., BYD) signed an equity transfer agreement to realign the structural setup of their originally 50:50 joint venture Shenzhen DENZA New Energy Automotive Co., Both Daimler and BYD remain dedicated to their successful long-term partnership.

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

Baua Electric

BYD sold 98% of its hybrid cars at home last year, and eight of the 10 top-selling plug-in hybrid cars in China, according to data from the China Association of Automobile Manufacturers. BYD, which is backed by Warren Buffett’s Berkshire Hathaway, did not respond to requests for comment.

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Renault CEO calls for Auto European plan to protect against ‘onslaught of EVs from China’

Teslarati

Renault CEO Luca de Meo released a 19-page open letter to Europe describing an auto European plan to protect against the ‘onslaught of electric vehicles (EV)’ coming from China.” He pointed out that electric vehicles and plug-in hybrids account for 14% of global car sales, led by Asian automakers.

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