#byd

#byd

But it's hard to find those vehicles in North America. One month before he opened this year's United Nations climate summit, Brazilian President Luiz Inacio Lula da Silva helped open a new mega-factory at the site of a former Ford car manufacturing plant. The new plant, in Brazil's Camacari, Bahia, is one of many being built around the world by China's BYD, the world's largest manufacturer of electric cars.

Whenever I attend an international launch for a new Chinese car, I can't help overhearing what other English-speaking journalists are talking about. Some are still making jokes about the Chinese car industry, like it's still 2010, and Western automakers still dominate technology and sales. However, it's 2025, and China's largest carmaker, BYD, sells more plug-in cars than anyone else on Earth and boasts some of the fastest-charging and most advanced electric vehicles in the world.

Wang Chuanfu, the 59-year-old CEO of BYD, wanted to demonstrate the safety and cleanliness of the batteries developed by his company during a meeting with Berkshire Hathaway, Warren Buffett's company. He did this by drinking a glass of the electrolyte liquid from one of them. The Hathaway crew was stunned. Was this man an idiot or a genius? Years later, having become the richest man in China, the verdict is clear.

Tesla's biggest rival in China, BYD, saw its sales slip for the first time in over 18 months amid China's bruising EV price wars. The Chinese automaker said in an exchange filing on Wednesday that it sold 396,270 cars in September, a 5.5% decline from the 419,426 cars it sold a year earlier. The last time BYD saw a sales drop was in February 2024. That month, BYD sold 122,311 cars, a nearly 37% drop from the 193,655 cars it sold in February 2023.

The BYD Sealion 7's impressive design incorporates sporty elements and solid build quality, reflecting a significant improvement in perceptions of Chinese automobiles.

BYD's latest update to the God's Eye feature includes a self-parking function guaranteed by the brand, promising to cover damages caused during the process.

Stocks that have recently been split may attract new retail investors drawn by lower share prices, making shares appear more accessible despite no inherent value creation.

BYD is halting plans to build a major factory in Mexico due to concerns about US trade policies. Geopolitical issues have a big impact on the automotive industry. Now everybody is rethinking their strategy in other countries.

BYD's plans for a vast network of 1 MW EV chargers indicate a serious commitment to ultra-fast charging, enabling rapid energy replenishment for new electric vehicles.

Labour prosecutors in Brazil have launched a lawsuit against BYD and contractors for illegally trafficking workers who endured conditions likened to slavery on a plant construction site.