BYD Positions Tesla as ‘Partner’ in Global EV Shift; Unveils Supercar

BYD Auto, which makes hybrid and battery electric vehicles, recently introduced a new supercar, the Yangwang U9 (what a name), priced over $230,000 USD. The car is aimed at competing with luxury brands like Ferrari and Lamborghini. This announcement underscores BYD’s market dominance and broad spectrum of offerings, ranging from the affordable Dolphin model, priced […]

China’s BYD Eyes Hungary for Its First European Car Factory: Report

Chinese hybrid electric vehicle leader, BYD, is reportedly considering Hungary as the location for its inaugural European car manufacturing facility, according to the German newspaper, Frankfurter Allgemeine Sonntagszeitung. The report, which cites anonymous sources close to BYD, comes after an article on a Shenzhen government website mentioned a meeting between Hungary’s Prime Minister Viktor Orban […]

China’s BYD Has No U.S. Expansion Plans Yet, Delays Head-On with Tesla

Chinese electric vehicle manufacturer BYD has no immediate plans to enter the US passenger car market, according to founder Wang Chuanfu. This decision dampens expectations of the company, which is backed by Warren Buffett, challenging Tesla on its home turf for the time being, reports Bloomberg. BYD reported Q4 profit of $1.06 billion (7.3 billion […]

Ford Considering Sale of German Plant to China’s BYD, Says Report

Ford may be talking with Chinese automaker BYD about selling its Saarlouis, Germany plant, according to sources familiar with the matter in a report from The Wall Street Journal. Officials at Ford will head to China next week to talk about the potential sale of the German plant, which is currently planning to stop producing […]

NVIDIA GeForce NOW Cloud Gaming Coming to Hyundai, BYD and Polestar EVs

NVIDIA announced at the Consumer Electronics Show (CES) today its GeForce NOW cloud gaming service will be coming to cars from existing partners Hyundai Motor Group, BYD and Polestar, which are already using the company’s NVIDIA DRIVE ecosystem. “We are excited to offer our customers the best in technology, comfort, design from BYD and now the […]

Sixt to Buy 100,000 EVs from BYD Through 2028

BYD is partnering with e-mobility company Sixt in a sale of several thousands of EVs, with deliveries set to begin taking place this year, as detailed in a press release from the ride-sharing platform this week. Following initial deliveries in Q4 2022 in Europe, Sixt also plans to purchase 100,000 EVs through 2028 and the […]