Teslarati

NOVEMBER 20, 2023

Berkshire Hathaway-backed Chinese automaker BYD has unveiled its latest electric vehicle (EV), the Sea Lion 07, expected to take on the Tesla Model Y in the world’s largest auto market. It will be a stern challenge for Tesla because BYD now enjoys a cost advantage over its US rival.”

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Teslarati

MARCH 26, 2024

Chinese automotive giant and electric vehicle (EV) maker BYD posted its 2023 earnings results this week, with the company reporting its slowest quarterly growth rate in almost two years. In its full-year 2023 earnings report shared on Tuesday, BYD posted an 18.6 The $10,000 BYD Seagull EV is scaring the U.S. billion yuan (~1.2

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Baua Electric

JUNE 17, 2024

A new electric SUV is primed to take on BYD and Tesla in China. Wuling launched the Starlight electric sedan at the Beijing Auto Show in April. With expected prices starting around $9,700 (69,800 yuan), the new electric SUV will rival BYD’s Song Plus (4,775 mm long x 1,890 mm wide, 1,690 mm tall).

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Baua Electric

MARCH 25, 2024

Global EV leader BYD launched a new version of its Seal electric sedan Monday, with starting prices around $25,000 (179,800 yuan). The Seal Honor Edition is BYD’s latest lower-priced EV to roll out, fueling its “liberation battle” against gas-powered cars. In comparison, the Tesla Model 3 starts at 245,900 yuan ($34,100).

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Teslarati

SEPTEMBER 15, 2023

Volkswagen faces mounting pressure to keep up with Tesla and Chinese automakers in the transition to battery-electric vehicles (BEVs), and its success in doing so could have major implications. The auto industry is faced with the question of whether and how we will be a global leader in the future,” Baerbock said at the event.

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Baua Electric

JANUARY 17, 2024

The 2024 Model Y (Source: Tesla) Tesla has slashed the prices of its Model Y across Europe this morning, after it reduced prices of its Model 3 and Model Y prices in China to undercut BYD, according to CNBC. It also cut the price of its Model Y Performance by €5,000 to €55,990, an 8% discount.

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Baua Electric

JANUARY 12, 2024

BYD is significantly lowering EV prices in Germany to extend its global lead. The automaker slashed prices by up to 15% on its most popular EVs. BYD cuts EV prices in Germany in overseas expansion After overtaking Tesla in EV sales in the last three months of 2023, BYD aims to extend its lead in key markets.

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Teslarati

JANUARY 11, 2024

Tesla increased the price of the Model Y’s 7-seater option by $500. Before Tesla raised the price, the Model Y’s 7-seat option was $2,500. As everyone settles into 2024, Tesla has started rolling out price changes in the United States and China. Tesla China’s vehicles are a whole different story.

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Teslarati

APRIL 10, 2024

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. year over year.

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Teslarati

JULY 6, 2023

Tesla and 16 Chinese automakers signed a truce ending the EV price war. Tesla was the only foreign automaker at the meeting. Executives from Tesla and 16 China-based automakers participated in a signing ceremony at the China Auto Forum in Shanghai held on July 6, 2023.

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Chinese Price Tesla BYD 140

Teslarati

NOVEMBER 30, 2023

On November 29, BYD celebrated the 200,000th Seagull EV rolling off the assembly line. The BYD Seagull made headlines as one of the most affordable electric vehicles on the market. It debuted at the Shanghai Auto Show in April 2023 with a price tag of $11,300 in China.

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Baua Electric

JANUARY 17, 2024

The 2024 Model Y (Source: Tesla) Telsa has now joined Volkswagen and BYD in slashing the prices of its vehicles in Germany after the government ended EV incentives, according to Automotive News Europe. But compared to BYD’s drastic 15% cuts, Tesla is taking a more measured approach. However, Tesla lost its No.

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Baua Electric

MARCH 11, 2024

BYD is leading an offensive against ICE vehicles. A new report claims BYD’s new EV platform will slash costs even further as the automaker kicks off a “liberation battle” against gas-powered cars. Best known for its low-cost EVs, such as the Dolphin, Atto 3, and sleek Seal sedan, BYD is taking its game up a notch in 2024.

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Baua Electric

JUNE 13, 2024

After the EU announced new tariffs on Chinese EV imports, BYD is subject to an additional 17.4% However, with BYD reportedly generating higher EV profits on models like the Seal U in the EU than in China, the EV leader is expected to overcome the impact. BYD announced it would enter the European car market in 2020.

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Baua Electric

MARCH 19, 2024

last week in China, BYD’s CEO Wang Chuanfu said at this rate, 50% NEV share could happen in the next three months. BYD chairman predicts 50% NEV share in China sooner “The penetration rate of NEVs crossed 48.2 Last year, NEVs accounted for 35% of China’s auto sales. FTC: We use income earning auto affiliate links.

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CN EV Post

FEBRUARY 26, 2024

All readers can verify via SEC filings that only Tesla makes any margin at all on its BEVs. And Tesla even makes HIGHER margins on ITS BEVs than other automakers (like BYD) make on their ICE products. Tesla's net profit for 2023: USD $15Billion. @TSLAtrek In reply to TSLAtrek.

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BYD Price Tesla Auto 72

Baua Electric

JANUARY 23, 2024

Fresh off earning the crown as the best-selling brand in China, BYD has (briefly) introduced a new compact SUV to its Yuan family of EVs – one of the larger contributors to its overall sales last year. If you’re an avid reader of Electrek , you may have noticed an influx in news pertaining to China’s Build Your Dreams (BYD) in the past year.

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CN EV Post

MARCH 13, 2023

Tesla 's insurance registrations last week in China were higher than the previous week's 13,266, while NIO 's were lower than the previous week's 3,345. BYD 's NEVs saw 37,141 insurance registrations last week, down from 38,932 the previous week. Li Auto registered 4,243 units last week, up from 3,222 units the previous week.

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CN EV Post

MARCH 9, 2023

A rare price stampede is taking place in the Chinese auto market. Image from BMW China Weibo) As a large number of car companies in China are offering huge subsidies or price cuts, BMW is offering more than 100,000 yuan ($14,360) off its all-electric model, the i3, according to local media.

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CleanTechnica EVs

JUNE 19, 2023

A few years ago, the news about electric cars was filled with new startups in China, all of which were potential rivals to Tesla -- NIO, XPeng, Li Auto, Faraday Future, and a dozen or so more. Their stock prices exploded, and some early investors made spectacular profits, but then they all fell back to

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Baua Electric

JANUARY 30, 2024

Nissan plans to produce lithium iron phosphate (LFP) batteries as it looks to lower EV prices. The move will put it in direct competition with BYD , the leading LFP battery maker. BYD’s Blade Battery is equipped on EVs being sold globally. The electric BYD Seal with BYD Blade has claimed range of up to 435 miles (700 km).

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Teslarati

JANUARY 6, 2023

Following a challenging December, Tesla China appears to be more determined than ever to ensure that its place in the country’s electric vehicle sector is as strong as ever. This was highlighted recently after Tesla China rolled out a series of aggressive Model 3 and Model Y price cuts. Credit: Tesla. Credit: Tesla.

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Baua Electric

APRIL 1, 2024

China’s leading electric car maker, BYD , recorded over 300,000 EV sales in Q1 2024, up 13% over last year. Is it enough to maintain its lead over Tesla? BYD EV sales rise 13% in Q1, down sequentially After topping Tesla in the last three months of 2023, BYD is doubling down in 2024. over Q1 2023.

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Teslarati

MAY 30, 2024

BYD and other Chinese automakers have studied the European auto market for years. Now, it’s time to put their knowledge to the test and go all-in on the European auto market. BYD’s strategy to take over Europe was recently revealed in a report by Reuters. “In China, the purchase price is important.

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Baua Electric

APRIL 24, 2024

Another fully electric BYD vehicle is set to debut this week. Ahead of its official reveal, BYD is teasing the upcoming Ocean-M electric car, which will be based on its new EV platform. BYD previews new Ocean-M EV ahead of its debut BYD is on a roll lately. compared to last year as BYD expands into new markets.

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Teslarati

NOVEMBER 9, 2022

and BYD Co. sold 71,704 vehicles in October , including 54,504 for export, while BYD Co. We are expecting it to be a temporary loss under the Covid control policies which led to dealer closures and auto event cancellations,” the Dongshu said. and Li Auto Inc., million as well.

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Baua Electric

JANUARY 3, 2024

Tesla and Chinese automaker BYD were the two global contenders for most EV sales in 2023. Tesla ultimately sold more EVs over the entire year, but BYD pulled ahead of the U.S. On Tuesday, Tesla said it delivered 1.8 Tesla Model 3 (Europe-market refresh) Unlike Tesla, BYD isn’t EV-exclusive.

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Baua Electric

JUNE 6, 2024

As global EV battery consumption continues rising, the most prominent players, including CATL and BYD, continue dominating the market in 2024. CATL still owns over a third of the market, but BYD looks to close the gap with new lower-priced EVs. Despite a slow start to 2024 due to the Chinese New Year, BYD saw solid sales growth.

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Teslarati

FEBRUARY 14, 2023

FinDreams Technology, the battery subsidiary of BYD, has filed paperwork to establish a new battery production facility in Central China. BYD has seen rapid growth in its automotive business over the past two years. Just last year, BYD tripled its annual vehicle sales, with the vast majority of those being sold in China.

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EV Central

FEBRUARY 20, 2024

Facing multi-billion dollar annual losses from its electric vehicle product roll-out, Ford has revealed it is going to build its own ground-up smaller and cheaper EVs to tackle the Tesla Model 2 and Chinese brands head-on. In Australia that charge is led by the MG4, BYD Dolphin and GWM Ora. It is expected to underpin multiple vehicles.

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Baua Electric

APRIL 9, 2024

After selling nearly 35,000 Seagull models in March, cumulative sales of BYD’s cheapest electric car topped 360,000. BYD sells over 360,000 units of its cheapest electric car BYD launched the Seagull on April 26, 2023. BYD is launching the Seagull as the “Dolphin Mini” in overseas markets. kWh or 38.88 kWh or 38.88

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Baua Electric

MARCH 15, 2024

Nissan and Honda are forming a new EV partnership after falling behind leaders like Tesla and China’s BYD. The new partnership comes as both automakers (and the Japanese auto industry) quickly fell behind EV leaders like Tesla and BYD. FTC: We use income earning auto affiliate links. It’s official.

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Teslarati

JANUARY 20, 2023

Tesla was battered and bruised last year by a series of headwinds, from Giga Shanghai’s shutdowns to CEO Elon Musk’s TSLA stock sales to fund his Twitter acquisition. Just a few days and weeks into the year, Tesla started a price war. It was then no surprise that the EV maker started 2023 on a much different stance.

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Electrek

JULY 7, 2023

Once considered the leader in China’s auto industry, Volkswagen has watched its share of the pie shrink over the past year or so as EV makers like BYD, NIO, and Tesla steal the show. In an attempt to draw in buyers, VW is slashing the price of its small ID.3 3 electric car. For a limited time, VW will offer the ID.3

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Baua Electric

APRIL 4, 2024

South Korean automaker Kia has started production on its all-electric EV5 SUV for export in China, with the first markets targeted being Thailand and Australia, with Australia’s price expected to undercut Tesla’s Model Y. kWh BYD Blade battery pack and 160 kW motor, providing up to 530 km (329 miles) CLTC range.

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Teslarati

JANUARY 11, 2023

The Tesla Model Y completely dominated China’s premium SUV segment in 2022. Overall, Tesla China was able to sell 315,314 Model Y crossovers domestically in 2022. This allowed the vehicle to dominate the premium SUV segment, which involves SUVs with a starting price above RMB 300,000 ($44,310).

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Teslarati

JANUARY 21, 2024

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.” To keep Tesla’s vehicles competitive, the automaker has implemented aggressive strategies such as steep price cuts to make its vehicles more affordable to mainstream consumers.

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