German dealership Sternauto opens BYD store in Berlin
By Victoria Waldersee and Annegret Hilse BERLIN (Reuters) - Chinese EV giant BYD's five models on sale in Germany will be showcased at a new BYD-only store in Berlin run by dealership Sternauto, in the latest sign that the carmaker is
China’s BYD forecasts 2023 net profit to rise as much as 86.5% y/y
By Ethan Wang, Zhang Yan, Ella Cao and Ryan Woo BEIJING (Reuters) - Chinese electric vehicle (EV) giant BYD said on Monday it expects net profit in 2023 to have risen by as much as 86.5% on the previous year, buoyed
How BYD became the world’s leading producer of electric cars
The new year starts with a surprise in the electric car market, as Tesla is no longer the leading global manufacturer. It was overtaken by BYD (short for Build Your Dreams), the Chinese manufacturer that sold more battery-powered cars than anyone
China’s BYD launches 3 EV models in Indonesia
By Stefanno Sulaiman JAKARTA (Reuters) - China's BYD, the world's biggest electric vehicle maker, unveiled three battery EV models in Indonesia on Thursday as it seeks to expand its presence in Southeast Asia's biggest economy. BYD overtook Tesla as the world's top
China’s BYD to build new energy vehicle production base in Hungary
By Qiaoyi Li, Zhang Yan and Kim Miyoung BEIJING (Reuters) - Chinese electric vehicle giant BYD is to build a new energy vehicle production base in Hungary, it said on Friday. The new facility to be built in Szeged, southern Hungary is
BYD has obtained conditional testing license for level 3 autonomous driving on high-speed roads
Βy Beijing newsroom BEIJING (Reuters) - Chinese electric vehicle giant BYD said on Wednesday it has obtained a conditional testing license for level 3 (L3) autonomous driving on high-speed roads. BYD was granted the first such license in China in July, the
BYD unit buys US firm Jabil’s mobile parts business in China for $2.2 billion
By Sameer Manekar and Yelin Mo (Reuters) - Chinese automaker BYD said on Monday its electronics unit has struck a deal with U.S.-based manufacturer Jabil Inc to buy its mobile electronics manufacturing business in China for 15.8 billion yuan ($2.2 billion). The
Chinese EV comptition hots up as BYD offers discounts
BYD electric vehicles (EV) are displayed at a car dealership in Shanghai, China, February 3, 2023. REUTERS/Aly Song//File Photo By Zhang Yan, Meg Shen and Ethan Wang BEIJING (Reuters) - China's BYD Co, the world's leading seller of battery electric vehicles (BEVs)
China’s BYD to launch a second new EV brand in 2023
The BYD Atto 3 EV car is displayed at the 39 Thailand International Motor Expo, in Bangkok, Thailand, November 30, 2022. REUTERS/Athit Perawongmetha/Files By Zoey Zhang and Brenda Goh SHANGHAI (Reuters) - China's BYD Co will launch a new "professional and personal"