A new price war is fueling EV sales in Australia as the competition heats up to gain overseas market share. BYD launched its new Atto 3 electric SUV in Australia with several updates, including lower prices, as it looks to chip away at Tesla’s lead.
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After the EU announced new tariffs on Chinese EV imports, BYD is subject to an additional 17.4% duty. 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.
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Tesla tweeted news that it has two autonomous Optimus robots working at its factory, BYD announces a new, RWD hot hatch, EV sales are building towards future growth, and there’s a new, internationally recognized electric karting championship coming to the US. All this and more on today’s exciting episode of Quick Charge.
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A new electric hot hatch is about to hit the market. The new BYD Seal 06GT was uncovered in China ahead of its official market debut later this year.
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After concluding that EVs imported from China have an unfair advantage due to government subsidies, the European Commission said it would impose additional tariffs by up to 38.1%. How will the new EU tariffs impact Chinese EV makers like BYD and NIO?
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Is the West afraid of Chinese electric cars? According to BYD CEO Wang Chuanfu, there are many examples of politicians who are worried about low-cost Chinese EVs, hinting at the US and Europe.
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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.
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Elon’s NVIDIA deal could spell big trouble for Tesla, Ford’s Explorer EV enters production, and BYD expands into the Bahamas (along with 10 other developing markets). All this and more on today’s Quick Charge!
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China’s leading EV maker, BYD, is quickly gaining ground in overseas markets. BYD opened its first store in the Caribbean as its global expansion heats up. The EV leader plans to enter ten new markets by the end of the year.
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China’s leading EV maker, BYD, nearly reached a new sales record in May after aggressive price cuts took effect. BYD posted its second-highest sales last month as new energy vehicle (NEV) sales continued picking up.
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As EV sales surge in China, BYD’s workforce has expanded rapidly, adding nearly 500,000 employees since 2019. BYD’s workforce is now roughly double that of Toyota’s as China’s EV leader expands overseas.
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China’s BYD is launching its cheapest electric car in Europe next year. Ahead of its official debut, BYD’s $10K Seagull EV is already creating a stir among foreign rivals.
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Following the launch of BYD’s first pickup, the Shark PHEV, Toyota is testing an all-electric Hilux BEV model. Toyota is preparing to produce its first electric pickup in Thailand by the end of next year.
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A new electrified pickup is hitting the global market. China’s BYD introduced its new Shark plug-in hybrid (PHEV) pickup in Mexico this week. The new BYD Shark is poised to compete against top-selling trucks globally, like the Toyota Hilux and Ford Ranger.
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China’s leading electric car maker, BYD, just hit a new YTD EV sales record last week in its home country. BYD expects the momentum to continue with new EVs rolling out in key segments globally.
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BYD officially launched its new Sea Lion 07, a mid-size smart electric SUV poised to rival Tesla’s top-selling Model Y. Starting at 189,800 yuan ($26,250), the BYD Sea Lion 07 is the first EV based on its new e-Platform 3.0 Evo.
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BYD’s young performance EV brand Yangwang wants to turn some heads in Europe by debuting its U9 supercar at the 2024 Goodwood Festival of Speed. The annual event hasn’t seen many Chinese entrants, but Yangwang has at least two cars on their way to the UK to show performance enthusiasts the potential of its e⁴ platform technology.
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Shenzhen, the home of Chinese EV giant BYD, says it’s become the first in China to have more supercharging plugs than gas pumps.
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China’s BYD is unleashing a series of new electric vehicles as it expands the brand globally. BYD unveiled two new EVs at the Beijing Auto Show: a sleek Ocean-M electric hatch and the Denza Z9 GT EV. Check out the first images below.
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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.
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BYD is coming for Tesla’s sweet spot in the mid-size electric SUV market with its new Sea Lion 07. Ahead of its official launch, BYD unveiled the Sea Lion 07’s luxurious interior. Check out the first images below.
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A new electric pickup is coming to global markets. BYD is launching its first electric pickup soon after confirming it will go by the name “Shark” in its latest teaser, revealing a Ford F-150 Lightning look up front.
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If you ever wanted an electric SUV that looked straight out of a Star Wars movie (other than Tesla’s Cybertruck), BYD has just the vehicle for you. BYD’s Fang Cheng Bao brand unveiled its new Super 3 electric SUV concept Tuesday, which has a rugged “interstellar chariot” design. Complete with a landing pad for your drone, the new EV is expected to cost less than $28,000 (200,000 yuan).
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China has been heavily subsidizing its green tech sectors, but homegrown EV company BYD is a favorite child of the bunch, receiving subsidies to the tune of “at least” $3.7 billion, according to a new German study.
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