PHEV

BYD: World’s Largest Automaker In 5 Years

In the recent shareholder meeting, BYD Chairman Wang Chuanfu indicated that the company would become the largest automaker by volume in 5 years and would exceed 10 million units by the end of the decade. “Five years from now, BYD will be able to achieve true global leadership in terms … [continued]

The Year Electrification Took Over The Philippine International Motor Show (Part 1)

Part 1: The New Establishment The Philippine automotive market has moved beyond asking whether electrification will arrive. At the tenth edition of the Philippine International Motor Show (PIMS), the question was no longer if alternative powertrains would become mainstream, but which technologies, brands, and business models would define the transition. … [continued]

BYD Exports Rose 80% Year Over Year In May

I recently covered BYD’s monthly sales — passenger vehicles and commercial vehicles — as I’ve been doing for a long time now. However, there’s a sub-story there that I haven’t been covering that seems important to start tracking in more detail. What I’m talking about, of course, is BYD’s vehicle … [continued]

Chinese NEV Share Hits 63%. What’s Next?

EVs are reaching new levels of market penetration in China. Chinese retail NEV (BEV and PHEV) market share was estimated to be 63% for May, while Chinese wholesale (includes exports) reached 61%, according to CPCA, as reported in CnEVPost. We will have to wait for a more detailed breakdown. While … [continued]