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Elon Musk responds to Tesla-BYD 2023 Q4 production comparison

Teslarati

Tesla CEO Elon Musk has responded to the comparisons being drawn by various media outlets regarding his company and high-powered Chinese rival BYD, which outpaced Musk’s company in terms of production of electric vehicles in the fourth quarter of 2023. Tesla’s factory in Germany only produces the Model Y.

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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. For comparison, Tesla’s deliveries also declined in the first quarter by 8.5% year-over-year.

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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. BorWarner’s LFP battery packs with BYD blade cells will be sold specifically for commercial vehicles in class 3 or above.

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BYD issues substantial EV price cut, hoping to erode Tesla sales success

Teslarati

BYD has announced a significant price cut on its electric Seal sedan as the Chinese brand looks to decrease Tesla’s EV dominance in the region. With the tsunami of demand for EVs in China, one of the biggest market winners has been BYD, which is now working to become the top EV seller in the country.

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BYD unveils Song L concept SUV, Destroyer 07 hybrid sedan at Shanghai auto show

CN EV Post

Song L combines BYD's pioneering technology for young users who are looking for a stylish and sporty car, the company said. BYD (OTCMKTS: BYDDY) began previewing the new model Song L a few days ago, and now it turns out that the model is a concept car. Song L is based on BYD's e-Platform 3.0

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BYD is launching newly developed smart driving ADAS tech next month

Baua Electric

Chinese EV leader BYD is launching its new in-house smart driving tech next month. BYD is launching its own smart driving tech A report from LatePost (via CnEVPost ) Monday claimed the first BYD city pilot assist driving feature will be available on March 30. NIO, Xpeng, and others have around 1K to 1.5K, in comparison.

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Elon Musk as soon as laughed at this Chinese language carmaker. He isn’t giggling now

Baua Electric

Tesla CEO Elon Musk has been vocal about his awe for the Chinese language electrical car producers. On the other hand, in relation to the competitiveness of the Chinese language EV makers towards his personal corporate Tesla, Musk remained snobbish. “They work the hardest, and they work the smartest.

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