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BYD latest news

Mercedes And BYD’s Denza Z9 GT Is A Mega-Watt Monster - carscoops.com - China - city Beijing

Mercedes And BYD’s Denza Z9 GT Is A Mega-Watt Monster

Just a few days following the release of camouflaged images of a Denza Z9 GT prototype, photos and specifications of the new EV have been unveiled by China’s Ministry of Industry and Information Technology (MIIT). This reveal comes ahead of its world premiere at the Auto China show in Beijing on April 25. Denza, which is 90% owned by BYD and 10% by Mercedes-Benz, sold 10,279 vehicles in the first quarter of 2024 and the promised specs of the Z9 GT are bound to help boost demand for the brand’s models.

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BYD revealed Fang Cheng Bao Super 9 electric convertible supercar concept - carnewschina.com - China

BYD revealed Fang Cheng Bao Super 9 electric convertible supercar concept

The article is being updated with details.

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BYD’s Denza Z9 GT flagship wagon leaks in China with 952 hp, coming to Europe next year - carnewschina.com - China - Germany

BYD’s Denza Z9 GT flagship wagon leaks in China with 952 hp, coming to Europe next year

BYD revealed the existence of its upcoming Denza Z9 GT flagship in early April and shared various pictures of the electric station wagon from Stuttgart, Germany, covered in typical Denza camouflage and videos from winter testing.

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BYD got $3.7 billion in Chinese aid to dominate EVs, study says - autoblog.com - China - Germany - France - Eu - city Beijing

BYD got $3.7 billion in Chinese aid to dominate EVs, study says

China’s BYD Co. received at least €3.4 billion ($3.7 billion) in direct government subsidies as part of Beijing’s push to dominate electric vehicles and other clean technologies, according to a new study.

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Top 10 retail bestselling brands in China, March 2024 - carnewschina.com - China - city Beijing

Top 10 retail bestselling brands in China, March 2024

In March this year, BYD continued to maintain its leading position as the bestselling brand in retail sales with 260,300 vehicles sold. Three other independent Chinese brands including Geely, Changan, and Chery made it to the top ten list.

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BYD pickup official spy shots and details - carnewschina.com

BYD pickup official spy shots and details

BYD has shared with us new details about the pickup truck and as we know you all love a good pickup we’re sharing them with you, along with some new juicy shots of it rolling in the dirt. According to research pickup trucks top the car market in 39 out of 139 countries and regions surveyed in 2022. BYD is hoping to pick up a slice of the action with this new Hilux sized truck which is in many ways a pickup truck version of the Fang Cheng Bao Bao 5 (Leopard 5).

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BYD makes US$1,250 profit per car as it goes for market share above all else - carnewschina.com - Usa - China

BYD makes US$1,250 profit per car as it goes for market share above all else

According to statistics from Late Finance BYD make an average net profit of 9,000 yuan per car, that’s about 1,250 USD. Tesla on the other hand made over 8,250 USD per car based on net profit of 14.9 billion dollars and sales of 1.81 million cars in 2023. What this clearly shows is that BYD is going after market share rather than profits.

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Brazilian Market Flooded With Chinese EVs Before Import Tax Hike - carscoops.com - China - Brazil

Brazilian Market Flooded With Chinese EVs Before Import Tax Hike

Imports of new passenger cars, especially those originating from China, have temporarily surged in Brazil. This increase is largely attributed to the growing demand for electric vehicles and the imminent implementation of import taxes on them.During the first quarter of 2024, passenger car imports in the country surged by 46.4%, reaching a combined value of $1.5 billion.

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