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Browsing the "BYD" Tag

EV Companies Raise $10+ Billion In 2019, & Fortune 500 Companies Are Now Jumping In

October 12th, 2019 | by Paul Jan Jacobs

Companies like Tencent, Baidu, Amazon, Samsung, Google, IKEA, Goldman Sachs, Citi, Renault-Nissan, and many more are investing heavily in the field of electric mobility, according to The Global e-Mobility Funding Report for Q2 2019. It seems like all Forbes 500 companies have awoken and now want to tap into an industry that is projected to have a value of over $500 billion in


Who Will Benefit In The Robotaxi Revolution?

September 30th, 2019 | by Matt Pressman

As self-driving cars move closer and closer to reality, one particular market stands to benefit — autonomous taxis (aka robotaxis). Tasha Keeny from Ark Invest recently evaluated the players who'd likely benefit from this massive market opportunity. Keeney writes, "Autonomous vehicles will transform personal mobility ... reap[ing] the benefits of a new market which promises to ramp from essentially $0 now to $10 trillion in global gross annual revenues by 2030."


China EV Sales Report — Baojun E-Series New #1 In Receding Market

September 29th, 2019 | by Jose Pontes

The end-of-incentives hangover deepened in August for the Chinese plug-in vehicle market, with the market dropping a steep 12% year over year (YoY) and plug-in hybrids (PHEVs) crashing 51%. Amazingly, fully electric vehicles (BEVs) managed to grow, by 4%, a small increase over the 1% growth rate of July, which means BEVs are currently the only ray of light in the Chinese auto market (the overall market also dropped, by 8% YoY)


BYD Gains Foothold In Germany With Orders For 22 Electric Buses

September 23rd, 2019 | by Kyle Field

BYD is moving into car country with its first order for fully electric transit buses in Germany. The orders for 22 of its 12-meter buses came from German public transit operators BOGESTRA and HCR and are aimed at improving ailing air quality in the greater Ruhr Metropolitan Region


Indianapolis Launches The New, Fully-Electric Red Line, Powered By BYD

September 6th, 2019 | by Kyle Field

IndyGo in Indianapolis launched the new Red Line this week, adding new transit capability that just happens to utilize a fleet of fully electric buses from none other than BYD. The Red Line was given the green light to start service on Monday with an initial 13 American-made BYD K11 articulated buses. These 60-footers can carry up to 120 passengers at a time for some serious high volume rapid transit


Chinese EV Sales In July: After The Subsidy Storm

August 18th, 2019 | by Jose Pontes

After an end-of-incentives derived surge in June, July saw the expected hangover, with the Chinese plug-in vehicle market dropping 7% year over year (YoY), and the 70,000 units of last month representing less than half of the deliveries of the previous month. Plug-in hybrids (PHEVs) sank 22% YoY in July, their worst drop in over two years, while, amazingly, fully electric vehicles (BEVs) still managed to grow, if only by 1%, despite the gloom all around them (the overall market also dropped 4%)


Subsidy Cuts & Tesla Model 3 Shake Up Chinese EV Sales Ranking — June Sales Report

July 23rd, 2019 | by Jose Pontes

After a slow May, with just 2% growth, June saw the Chinese plug-in vehicle market return to full charge, thanks to some 147,000 registrations, up 72% year over year (YoY). Fully electric vehicles (BEVs) grew faster than that, at +97%, and because the mainstream market is falling (-8%), June’s plug-in vehicle (PEV) share reached a record 8.5%, pulling the PEV market share to 6.3%, well above the 2018 result (4.2%) and on target to reach my forecast of 8% for


BYD Dives Into Design With New Global Design Center In Shenzhen

July 9th, 2019 | by Kyle Field

BYD is pushing into a new era with the launch of its new Global Design Center at its global headquarters in Shenzhen, China. BYD believes the launch of the new Design Center will help take the company from its past as a technology and components supplier to a future where it sells more products directly to end users and consumers


BYD Delivers The First Of 1,500 Taxis To Colón, Panama

July 8th, 2019 | by Kyle Field

The City of Colón, Panama is taking a step into the future with the procurement of a fleet of 1,500 fully electric BYD e6 taxis. The new vehicles were purchased in partnership with ENSA Servicios and TRASERVI and were joined by the first fast charging station in Colón province



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