China will continue to offer car trade-in subsidies. If consumers swap their old car for a new energy vehicle, they can ...
China's automaker BYD on Wednesday launched its new multi-purpose vehicle named Xia with a starting price of 249,800 yuan ...
Toyota’s luxury EV strategy challenges BYD’s dominance in China’s auto market, igniting a fierce competition in the world’s ...
and followed that up with a ban on certain vehicle software that originates in China. Those policies would seem to effectively shut BYD and its peers out of the huge U.S. car market for the time ...
The EV giant sold 1.76 million electric cars in 2024, per figures released on Wednesday, putting it within touching distance ...
The surge was powered mainly by sales of its hybrid cars. BYD sells 90% of its cars in China, where it has been extending its lead over foreign brands including Volkswagen and Toyota. It has ...
But BYD cars are facing new trade barriers, like the EU’s new tariffs on China-made EVs. Brazil, another important market for BYD, also reinstated import taxes on electric vehicles regardless of ...
CHINA’S BYD enjoyed a year-end surge to push total sales to 4.25 million passenger cars last year, narrowing its gap with Tesla as the two vie for the crown of top-selling electric-vehicle (EV) maker ...
China’s best-selling car manufacturer BYD sold a record number of electric vehicles and hybrids globally last year, even as fierce competition took hold in its home market. Tesla’s biggest ...