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BYD Co makes rechargeable batteries and cars in Shenzhen in Guangdong province. Founded in February 1995, and listed in Hong Kong in 2002, the origin of the company’s name is uncertain, with some saying it could simply be an acronym based on its Chinese name or from the phrase “build your dreams”. BYD’s profile was raised in 2008 when a unit of billionaire Warren Buffett’s Berkshire Hathaway invested about US$230 million in BYD.
- Conventional carmakers have grabbed a bigger market share, China Passenger Car Association data shows
- Established carmakers ‘have not been eclipsed by Tesla and the Tesla challengers yet’
China’s car market – the world’s largest – has been boosted by soaring sales at companies such as Xpeng and rising stocks.
China’s car market – the world’s largest – has been boosted by soaring sales at companies such as Xpeng and rising stocks.
The world is returning full circle to the electric car, as concerns about gaseous emissions and their impact on climate change compel global governments to find alternatives to petrol-guzzlers.
The world is returning full circle to the electric car, as concerns about gaseous emissions and their impact on climate change compel global governments to find alternatives to petrol-guzzlers.
BYD’s Han EV comes equipped with Huawei’s smart car system that’s based on HarmonyOS
BYD’s Han EV comes equipped with Huawei’s smart car system that’s based on HarmonyOS
The new funding raised from the investment round led by Sequoia Capital China Fund, CICC Capital and SDIC Fund will be used, among other things, to promote BYD Semiconductor’s position in the industry.
The new funding raised from the investment round led by Sequoia Capital China Fund, CICC Capital and SDIC Fund will be used, among other things, to promote BYD Semiconductor’s position in the industry.
The US Food and Drug Administration determined that many of the made-in-China N95-style masks filter out less than 95 per cent of particulate matter; the approved number of manufacturers dropped to 14 from 86.
The US Food and Drug Administration determined that many of the made-in-China N95-style masks filter out less than 95 per cent of particulate matter; the approved number of manufacturers dropped to 14 from 86.
China’s automobile market, the world’s largest, is set to face its toughest year yet in 2020 amid the coronavirus pandemic, which is continuing to affect production as well as demand. And incentives rolled out by Beijing this week are unlikely to improve this gloomy outlook.
China’s automobile market, the world’s largest, is set to face its toughest year yet in 2020 amid the coronavirus pandemic, which is continuing to affect production as well as demand. And incentives rolled out by Beijing this week are unlikely to improve this gloomy outlook.
Prolonging the handouts would be beneficial to local electric car makers such as BYD, BAIC BluePark New Energy Technology Co and NIO as well as the likes of Tesla.
Prolonging the handouts would be beneficial to local electric car makers such as BYD, BAIC BluePark New Energy Technology Co and NIO as well as the likes of Tesla.
Federal legislation could ban funding to US operations of Shenzhen-based vehicle maker as well as state-supported train manufacturer CRRC; for BYD, it comes down to whether a single word will stay in the National Defence Authorisation Act now being consolidated in Congress.
Federal legislation could ban funding to US operations of Shenzhen-based vehicle maker as well as state-supported train manufacturer CRRC; for BYD, it comes down to whether a single word will stay in the National Defence Authorisation Act now being consolidated in Congress.
China manufacturing slumps for sixth straight month; Shanghai declines for third straight day.
China manufacturing slumps for sixth straight month; Shanghai declines for third straight day.
BYD's near-term outlook to 'remain challenging,' Daiwa Capital analysts say.
BYD's near-term outlook to 'remain challenging,' Daiwa Capital analysts say.
Do BYD, BAIC, SAIC and Nio sound like alphabet soup? Not in China, where these companies have dominated the world’s largest electric car market
Do BYD, BAIC, SAIC and Nio sound like alphabet soup? Not in China, where these companies have dominated the world’s largest electric car market
As a whole, EV makers are way overpriced, have delivered losses to shareholders in a year the Shanghai Composite Index is up 21.5 per cent, and face tougher competition from combustion-engine rivals.
As a whole, EV makers are way overpriced, have delivered losses to shareholders in a year the Shanghai Composite Index is up 21.5 per cent, and face tougher competition from combustion-engine rivals.
Big electric vehicle makers like BYD and Nio have all had cars combust in China, leading to more EV oversight
Big electric vehicle makers like BYD and Nio have all had cars combust in China, leading to more EV oversight
Zhejiang Hangke specialises in making production equipment for lithium-ion batteries.
Zhejiang Hangke specialises in making production equipment for lithium-ion batteries.
Mainland shares fall ahead of MSCI’s announcement to increase the weighting of Chinese stocks in its benchmark gauges and release of July trade data.
Mainland shares fall ahead of MSCI’s announcement to increase the weighting of Chinese stocks in its benchmark gauges and release of July trade data.
EV father and vice-chairman of China’s national advisory body for policy making Wan Gang has recently been in the news saying a ‘hydrogen society’ is ahead.
EV father and vice-chairman of China’s national advisory body for policy making Wan Gang has recently been in the news saying a ‘hydrogen society’ is ahead.
BYD Motors has a plant in lawmaker Kevin McCarthy’s California district, and company president Stella Li is a contributor to his campaign.
BYD Motors has a plant in lawmaker Kevin McCarthy’s California district, and company president Stella Li is a contributor to his campaign.
Shenzhen-based electric carmaker BYD reported first quarter profit of 749.73 million yuan (US$111.4 million), up from 102.4 million yuan a year earlier
Shenzhen-based electric carmaker BYD reported first quarter profit of 749.73 million yuan (US$111.4 million), up from 102.4 million yuan a year earlier
With more than half of its buses now electrified, Shanghai is racing to join Shenzhen, which now boasts the world’s first fully electric bus fleet.
With more than half of its buses now electrified, Shanghai is racing to join Shenzhen, which now boasts the world’s first fully electric bus fleet.
South Korean investment plans prompted by China’s pledge to phase out subsidies for electric cars and plug-in hybrids by 2020, as well as a widely expected new ‘white list’ of approved battery suppliers
South Korean investment plans prompted by China’s pledge to phase out subsidies for electric cars and plug-in hybrids by 2020, as well as a widely expected new ‘white list’ of approved battery suppliers
This seventh instalment in an ongoing series on China’s industrial strategy to advance manufacturing looks at Beijing’s effort to build a world-leading electric vehicle sector
This seventh instalment in an ongoing series on China’s industrial strategy to advance manufacturing looks at Beijing’s effort to build a world-leading electric vehicle sector
Competition intensifies as Beijing’s subsidy policy tightens and foreign car makers entice buyers away from domestic marques
Competition intensifies as Beijing’s subsidy policy tightens and foreign car makers entice buyers away from domestic marques
BYD’s recommendation consensus stands at 3.96, higher than 3.13 for Tesla, according to Bloomberg data
BYD’s recommendation consensus stands at 3.96, higher than 3.13 for Tesla, according to Bloomberg data
Shenzhen’s transformation is the result of a talent scheme by a city government that has learnt to tango with the private sector.