ICE model sales crash 39% in May High gas prices and a never ending wave of new models has allowed May to reach record EV market share, with plugins reaching a record 63%! However, while record market share was achieved in the past thanks to strong EV sales, this time, … [continued]
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]
In addition to NIO’s response, BYD issued a statement to the Hong Kong Stock Exchange (01211) yesterday (Google translation): This announcement is a voluntary announcement made by BYD Company Limited (the “Company”, together with its subsidiaries, the “Group”). Our company notes that the U.S. Department of Defense issued a “Notification … [continued]
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]
There’s a little murmuring going on that BYD could buy Maserati. Hmm…. This stems from BYD Executive Vice President Stella Li recently saying to reporters that brands like Maserati are “very interesting” to the company. Hmm…. In case you don’t follow BYD closely, there are two things here that stand … [continued]
We’ve had a few articles this week about BYD’s breakthrough decision to take on liability in the event of a crash when a BYD driver is using God’s Eye. A few of the comments under my article earlier this week were superb additions, though, and they seemed to deserve their … [continued]
BYD is the first manufacturer to take some responsibility for its autonomous driver assistance technology if things go wrong.
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]
BEVs on the way up, PHEVs on the way down Plugin vehicle registrations were up 9% year over year (YoY) in April, ending the month at around 1.6 million units. Interestingly, BEVs (+19% YoY) and PHEVs (-9% YoY) behaved very differently, with pure electrics back to double-digit growth while plugin … [continued]
The irony of the energy transition is sometimes found not in a showroom, but on a siding track. While putting the BYD Shark through its paces on the dusty backroads of Laguna, I found myself face-to-face with another hybrid machine — one that predates the Shark by nearly a decade … [continued]
