BYD

Construction at BYD’s new EV plant in Brazil was suddenly halted Monday after authorities found Chinese workers in “slavery-like” conditions. The workers were hired in China by another firm, and BYD has since cut ties. BYD and the firm are now saying the term “slavery” was unjustly used, and some translations may have been misunderstood.

China’s EV leaders are rapidly gaining market share from legacy automakers. And it’s not only in China. BYD and other Chinese EV makers are expanding overseas to drive growth. Facing a shrinking market share, legacy rivals are taking drastic measures to keep up.

After it was spotted for the first time in public, BYD’s new electric sports car looks ready to take on the Porsche 911. With influence from former Lamborghini and Audi designer Wolfgang Egger, the new EV sports car is almost ready for its big debut.

China’s leading EV maker will try its hand in a promising new field. As electric car sales continue surging to record highs, BYD plans to take on the world of humanoid robots. To kick things off, BYD announced a new recruitment program to attract top talent from around the globe.

Chinese EV automaker Build Your Dreams (BYD) continues demonstrating why it should be a name on your radar. The veteran company announced a significant milestone this month, sharing that its largest EV production facility in China has produced one million BYD vehicles this year for the first time ever. This stat is from one plant, not BYD’s global annual production tally. BYD is coming.

BYD’s cheapest EV model, the Seagull, outsold every car in China last month, even gas-powered models. Starting at around $10,000, over 56,000 BYD Seagull EV models were sold in November alone. With sales surging, the low-cost EV took back the best-selling car title from the Tesla Model Y in China last month.

Another one of BYD’s best-selling electric cars is due for an overhaul. BYD’s new Dolphin EV just leaked in China, giving us a sneak peek at the updated model for the first time.

An EV battery price war is heating up. BYD is launching its next-gen Blade EV battery next year, promising to unlock more range and faster charging at a significantly lower cost.

BYD secured a new deal with the Japanese government to use its EVs as mobile power sources. China’s EV giant looks to gain a foothold in Japan, which has been historically ruthless for foreign automakers to crack.

As the European Union slaps more restrictive tariffs on EVs pouring in from China, Chinese automakers have found a workaround: they’ll just make and export hybrids instead, since hybrids of all varieties are bizarrely exempt from the tariff scheme.

Despite tariffs on imported Chinese EVs in place in Europe, BYD is making good on its vow to continue its global expansion and is showing no signs of deterrence. The Chinese automaker recently put its second BYD-branded ship, “Changzhou,” into operation to export thousands more new energy vehicles (NEVs) to Europe.

China’s leading EV maker has already sold more vehicles this year than expected. After another record-breaking sales month in November, BYD officially topped its 2024 delivery goal as demand heats up.

According to a leaked letter circulating on social media yesterday, BYD has asked its suppliers to accept price cuts in the coming year – a major signal that the Chinese EV maker is gearing up to intensify the price war in China even further, all while pushing harder into Europe and other markets.

With sales surging in China, BYD is taking its business overseas as it looks to keep its record growth streak alive. BYD just launched its new midsize electric SUV, the Sealion 07, in another European market. Can BYD’s new electric SUV compete with Tesla’s top-selling Model Y?

BYD is launching a new Blade EV battery next year to power its next wave of vehicles. China’s EV giant confirmed the advanced batteries will unlock even more driving range for its next-gen electric cars.

A rumor spreading like wildfire on social media claims BYD will be taking over NIO (NYSE: NIO) as the EV giant gobbles up market share in China. The rumor was posted by a suspected BYD employee, but NIO is denying the claim.

China’s EV giant BYD is aggressively expanding overseas. As it finalizes plans for yet another EV manufacturing plant, this time in Cambodia, BYD will set up shop next to newly opened Ford and Toyota facilities.

China’s BYD just topped another major milestone. The EV giant produced its ten millionth new energy vehicle (NEV) this week, becoming the first automaker to accomplish the feat. BYD’s accomplishment comes just three years after its one-millionth NEV rolled off the assembly line. After its fifth straight record sales month, BYD is now closing in on top global automakers like Ford.

China’s leading EV maker is set to drastically shake up the South Korean auto market. BYD officially announced plans to launch in South Korea with its low-cost EVs poised to challenge Hyundai and Kia on their home turf.

China’s EV giant is ready to unleash its newest secret weapon on the global stage. With the arrival of the new Sealion 7 in Europe, BYD expects sales to pick up rapidly. BYD’s new mid-size electric SUV will challenge top-selling EVs in Europe, including the Tesla Model Y.

China’s powerhouse BYD looks to soon outperform Ford in terms of annual shipments this year, which would be a major milestone for the company, placing it firmly in the ranks as a top 10 automaker globally, Bloomberg reports.