article thumbnail

BYD Seal chases down Model 3, as Australian EV sales cool and customers turn to ICE

The Driven EV News

EV sales stall in April despite price cuts across the market, and as the BYD Seal nearly catches the Model 3. The post BYD Seal chases down Model 3, as Australian EV sales cool and customers turn to ICE appeared first on The Driven.

BYD 138
article thumbnail

BYD leads EV sales surge in Brazil with affordable electric cars

Electrek

China’s leading automaker, BYD , is aggressively expanding overseas. After launching its low-cost Seagull EV (Dolphin Mini) in Brazil, starting at around $20,000 (99,800 BRL), BYD is leading the EV sales surge in the country. However, with a new import tax looming, can the Chinese EV maker continue the momentum?

Brazil 134
article thumbnail

BYD sets lower sales growth & warns of looming price war

Teslarati

BYD set lower sales growth goals for 2024, warning of a looming price war and overcapacity in Mainland China’s electric vehicle (EV) sector. BYD Chairman and President Wang Chuanfu held an investors conference earlier this week. The Chinese automaker estimates account for some challenges BYD expects this year.

BYD 113
article thumbnail

BYD electric car sales jump, but profits nearly halve as EV price war bites

The Driven EV News

BYD's had an impressive start to 2024 with international sales steadily growing and expansion plans well underway. The post BYD electric car sales jump, but profits nearly halve as EV price war bites appeared first on The Driven. But its profits have nearly halved because of the EV price war.

BYD 102
article thumbnail

BYD takes sales of its $A15,000 EV to 360,000 in less than 12 months

The Driven EV News

BYD sells 360,000 of its most-affordable city electric car in under 12 months as it continues to expand its global footprint. The post BYD takes sales of its $A15,000 EV to 360,000 in less than 12 months appeared first on The Driven.

BYD 129
article thumbnail

Comment on BYD's net profit in Q1 down 47% from Q4 as car sales decline by Larry Evans

CN EV Post

In China, due to seasonal factors, BYD sales are always down 1Q vs 4Q. So that isn't news. Being up YoY for sales, revenue and profit is what's important. I would have stated the headline differently.

BYD 98
article thumbnail

BYD to double EV sales in Australia in 2024, and again in 2025 as it chases down Tesla

The Driven EV News

BYD announces ambitious plans to double sales in 2024 … and then double them again in 2025 as it chases down market leader Tesla. The post BYD to double EV sales in Australia in 2024, and again in 2025 as it chases down Tesla appeared first on The Driven.

BYD 115