BYD

Latest news and articles about BYD from NEX English

BYD Attracts Experts from Porsche to Strengthen Luxury Car Market Presence

Chinese company BYD has announced the recruitment of several experts from German automaker Porsche. This move aims to enhance its presence in the European luxury car market as part of its global expansion strategy.

Malaysia Struggles to Balance Ambitions as Electric Vehicle Hub

Malaysia is facing challenges in its ambition to become a regional hub for electric vehicle manufacturing while protecting its local companies. The dispute with Chinese company BYD over manufacturing terms threatens future investments.

Geely Challenges BYD with Faster Electric Vehicle Charging Technology

Chinese company Geely, through its brand Lynk & Co, has announced a new electric charging technology that surpasses BYD's fast charging capabilities. This announcement comes shortly after BYD unveiled its second-generation Blade battery, claimed to be the fastest in the world.

Brazil blacklists BYD for labor violations in Bahia factory

The Brazilian Ministry of Labor has blacklisted Chinese company BYD, the world's largest electric vehicle manufacturer, due to labor conditions resembling slavery. This decision follows the discovery of approximately 163 Chinese workers in inhumane conditions while constructing a factory in Bahia.

BYD Challenges Competition in Growing Electric Vehicle Market

Chinese company BYD, a leader in electric vehicle manufacturing, faces increasing competition from tech firms like Huawei and Xiaomi. This challenge arises as BYD seeks to expand its presence in a crowded market.

Tesla Regains Global Electric Vehicle Sales Lead Over BYD

American company Tesla has reclaimed its title as the largest seller of pure electric vehicles in the world, recording a notable increase of <strong>6.5%</strong> in sales during the first quarter of <strong>2026</strong>. In contrast, Chinese company BYD experienced a significant decline of <strong>25.5%</strong> in the same period.

BYD Expands Global Presence in Electric Vehicle Market

As fuel prices rise, Chinese company BYD is enhancing its global presence in the electric vehicle market through innovation and collaboration. The company is witnessing a notable increase in demand for its electric cars in several countries, including Thailand.

Tesla reports weak 6% increase in car deliveries in Q1

Tesla recorded a 6% increase in car deliveries during the first quarter of the year, falling short of expectations. This comes as rival BYD experiences a significant 25% drop in electric vehicle sales.

BYD Faces Inventory Challenges with Sealion 05 DM-i in China

Chinese electric vehicle manufacturer BYD is encountering new challenges as reports indicate a significant inventory buildup of the Sealion 05 DM-i model across various local dealerships. This situation arises as the company aims to strengthen its position in the electric vehicle market.

BYD Exports Surge by 65% Amid Iranian Oil Crisis

Chinese automaker BYD recorded a significant increase in its exports and foreign sales by <strong>65%</strong> in March, driven by rising oil prices due to the ongoing conflict in Iran. However, the company faces challenges in regaining momentum in the Chinese market.

Sales of BYD Electric Cars Decline for Seventh Consecutive Month

Chinese electric vehicle manufacturer BYD continues to experience a decline in sales, reporting a drop of <strong>20.5%</strong> in March 2023 compared to the same month last year, reflecting significant challenges in the global automotive market.

BYD reduces workforce by 100,000 to enhance operational efficiency

Chinese automaker BYD has announced plans to cut its workforce by 100,000 employees by 2025, reducing the total to 870,000. This decision reflects a 10% decrease aimed at restructuring and improving efficiency amid rising competition in the electric vehicle market.

Malaysia Confirms No Discrimination Against BYD in Investment Terms

The Malaysian Ministry of Investment, Trade and Industry has stated that the conditions imposed on car manufacturers, including BYD, reflect a consistent policy since September 2025 and do not discriminate against any brand. This statement comes amid reports of BYD reassessing its plans for a local assembly plant.

BYD Unveils Flash Charging Technology Amid BMW Warnings

Chinese company BYD has launched a new fast charging technology capable of adding hundreds of kilometers in just minutes, while BMW warns of potential impacts on battery lifespan. This intensifies the competition between speed and sustainability in the electric vehicle industry.

BYD anticipates 15% increase in global exports this year

BYD, the world's largest electric vehicle manufacturer, expects to exceed its export target by 15% this year. This comes as the company faces a decline in domestic sales, prompting a focus on international markets.

Leapmotor Delivers Over 110,000 Electric Vehicles in Q1 2026

Leapmotor, backed by Stellantis, announced the delivery of <strong>110,155</strong> new electric vehicles in the first quarter of 2026, marking a <strong>26%</strong> increase from last year. This achievement comes as BYD faces a decline in its sales.

BYD cuts 100,000 jobs in major restructuring effort

Chinese automaker BYD has announced a reduction of 100,000 jobs as part of a significant restructuring initiative aimed at addressing economic challenges. This move comes amid increasing pressures on the electric vehicle industry.

BYD launches 5000 fast charging stations in just 27 days

Chinese company BYD has inaugurated its 5000th fast charging station in a record time of just 27 days. This initiative is part of the company's plan to expand the electric vehicle charging network across China.

Guardiola Receives New Car from Chinese Company for Manchester City Deal

Spanish coach Josep Guardiola of Manchester City has received a new car, the BYD Seagull 7, as part of a partnership with the Chinese automotive brand. Guardiola expressed his admiration for the vehicle and requested another for his trips to Barcelona.

BYD reevaluates plans for factory in Malaysia due to strict regulations

Chinese electric vehicle manufacturer BYD announced it may reconsider its plans to establish an assembly plant in Malaysia after failing to reach an agreement with the Ministry of Investment, Trade, and Industry regarding export conditions and pricing.

Launch Denza D9 2026 Featuring Blade 2.0 Battery and Fast Charging

BYD has announced the launch of the Denza D9 2026, showcasing the innovative Blade 2.0 battery technology that enables fast and efficient charging. The vehicle is available in various options, including hybrid and fully electric versions.

Launch BYD Song Ultra EV with Ultra-Fast Charging

Chinese automaker BYD has unveiled its new Song Ultra EV on Thursday, March 26, boasting ultra-fast charging capabilities. This model is part of the company's strategy to expand its electric vehicle offerings in global markets.

Shift to Technological Innovation in China's Electric Vehicle Industry

China's electric vehicle industry is entering a new phase focused on advanced technologies at competitive prices. BYD has unveiled a battery that can charge from 10% to 70% in just five minutes, marking a significant market strategy shift.

Launch electric vehicle from BYD and mourn Korean actor Lee Sang-bo

On March 27, 2026, Indonesia witnessed significant events in technology and entertainment with BYD's launch of the new electric vehicle, the <strong>Song Ultra EV</strong>, and the passing of South Korean actor <strong>Lee Sang-bo</strong> at the age of 45.

BYD Reports First Profit Decline Since 2021 Amid EV Market Leadership

Chinese company BYD, a major competitor to Tesla, announced a decline in its profits for the third quarter of 2023, marking the first drop since 2021. This comes despite BYD's position as the world's largest electric vehicle manufacturer.

BYD Reports First Profit Decline in Four Years Amid Price War

Chinese electric vehicle manufacturer BYD has reported a 19% decline in profits for 2025, raising concerns about its future amidst fierce market competition. CEO Wang Chuanfu described the current industry phase as one of 'brutal elimination'.

BYD Reports 19% Decline in Electric Vehicle Profits

Chinese electric vehicle manufacturer BYD has reported a 19% drop in its annual net profits for 2025 compared to the previous year. This marks the first decline since 2021, raising concerns about the company's future amid increasing market challenges.

Chinese BYD Reports Sharp Profit Decline Despite Electric Vehicle Sales Lead

Chinese electric vehicle manufacturer BYD announced a **19%** drop in profits for **2025**, impacted by intense competition in the domestic market. Nevertheless, the company sold **2.25 million** electric vehicles, surpassing Tesla by over **600,000** units.

Encourage Healthy Competition in Global Markets, Chinese Authority Urges

The Chinese market regulatory authority has urged companies like <strong>BYD</strong> and <strong>CATL</strong> to focus on healthy competition as they expand into international markets. This call comes amid increasing accusations of unfair competition and government support.

BYD Reports First Annual Profit Decline in Four Years

Chinese electric vehicle giant BYD has announced a decline in its annual profits for the first time in four years, reporting a net profit of <strong>32.6 billion yuan</strong> (approximately <strong>4.72 billion dollars</strong>) in 2025, down <strong>18.97%</strong> from the previous year. This decline comes amid increasing competition in the local market.