BYD

The world’s largest EV maker, BYD, broke ground on its first sodium-ion battery plant this week. BYD is investing $1.4 billion (RMB 10 billion) with 30 GWh planned annual capacity.

Tesla is no longer the world’s largest electric vehicle automaker by volume. BYD, which Elon Musk used to literally laugh at, overtook Tesla in overall battery-electric vehicle volume in Q4 2023.

It was a huge year for profits at Chinese auto behemoth BYD. In 2023, the company sold 1.6 million fully battery-electric vehicles, coming close to Tesla’s projected goal of 1.8 million vehicles. Adding up sales for all so-called new energy vehicles, including battery-only vehicles and plug-in hybrids, BYD sold a whooping 3 million vehicles in 2023.

Tesla and BYD are the two leading global EV makers. How do their electric cars stack up against one another in performance? Watch the Tesla Model 3 take on the BYD Seal in a drag race to see which comes out on top.

As Chinese EV automaker Build Your Dreams (BYD) closes in on current global sales leader Tesla, a massive factor in its strategy includes expansions in the EU. Less than two months after BYD shared plans to expand passenger EV production to Europe, we now know that journey will begin in Hungary.

The EV race is heating up as BYD looks to catch Tesla in global sales into the end of the year. Its newest electric SUV, the Song L, is aimed directly at Tesla’s sweet spot in the Model Y. The new BYD Song L scored over 8,000 orders in its first three days on the market.

As we navigate the final half of the last month of 2023, there’s a genuine chance that Chinese automaker Build Your Dreams (BYD) will take the crown from Tesla as the leader in global BEV market share. A global technology research firm thinks so based on BYD’s continued growth that led to it catching Tesla in Q3.

BYD officially launched its new entry-level electric SUV Friday. The BYD Song L, starting at around $26,700 (189,800 yuan), will rival Tesla’s Model Y in China.

A new BYD electric SUV is due out in the first half of next year as the EV maker looks to top Tesla in sales. The BYD Yuan UP has leaked ahead of its official debut, giving us a sneak peek of what we can expect.

China’s largest automaker, BYD, is raising the stakes into the end of the year as it closes in on Tesla in global EV sales. BYD introduced the Seal electric sedan in North America as a direct competitor to the Tesla Model 3.

Toyota unveiled its slick electric Sport Crossover concept for the first time in Europe on Monday. The new fastback EV, made with China’s BYD, will launch in 2025.

China’s leading EV maker, BYD, notched another sales record in November. BYD continues surging, with over 170,000 fully electric vehicles sold last month. The strong performance propelled the automaker past Nissan for the first time in sales.

China’s leading EV maker, BYD, is slashing EV prices as the race with Tesla for the global title heats up into the end of the year.

YangWang, the luxury sub-brand of Build Your Dreams (BYD), is showcasing some impressive capabilities in its flagship U8 SUV it wants to float by you. The SUV has been on sale for months in China, but BYD wants to remind you that the U8 actually has an emergency mode in which it floats and can navigate back to solid ground. See more in the video below.

Japanese automakers are scrambling to avoid being squeezed out of the market by BYD and other Chinese EVs. Honda and Nissan are the latest to slash rates in overseas markets to boost demand.

A new electric SUV from China’s largest EV maker is launching on December 15. The BYD Song L, its new mid-size electric SUV, has already received over 11,000 pre-orders.

We’ve been covering several prominent Chinese automakers teasing their latest EV models in the preceding weeks, ahead of the Guangzhou Auto Show. The annual event kicked off in China earlier today and immediately delivered several model debuts. Here’s a quick recap.

China’s leading EV maker, BYD, revealed its first mid-size urban electric SUV on Friday. BYD’s new Sea Lion 07 is poised to narrow the gap with Tesla as the brand takes on a new segment.

China’s leading EV maker, BYD, is teasing a new electric SUV as part of its Ocean series. The BYD Sea Lion 07’s design was led by ex-Audi and Lamborghini chief designer Wolfgang Egger.

Chinese-owned automaker BYD has announced plans to build a factory in Europe in hopes of bringing its affordable EVs to the masses there. As the brand picks up steam in sales, it will break ground on its first European factory, with Hungary selected as the location. Still, it has some challenges to face: a new investigation from the European Union and a lack of solid brand recognition to compete with Tesla and European automakers.

As Chinese automakers like BYD steal Toyota’s limelight in Thailand, the automaker is planning a counteroffensive. Toyota is set to test a new electric pickup to fend off the incoming competition.