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China's new energy vehicle sales fell 38.8% in January versus the previous month, the first such drop since August 2023, as demand faltered despite a renewed discounting push led by Tesla . ($1 ...
As of last month, BYD's share of the Chinese auto market, which makes up more than 90% of its total sales, stood at 17.1%, up from 12.5% in 2023, according to data from the China Passenger Car ...
The EV giant sold 1.76 million electric cars in 2024, per figures released on Wednesday, putting it within touching distance of beating Tesla. China's BYD surged to a new sales record, challenging ...
The BYD brand distinguishes their passenger car line-up under three "series", namely the Dynasty series (started by the BYD Qin in 2012), a line of higher-end vehicles with "dragon-inspired" designs aimed at the traditional mass markets; [2] [3] the Ocean series (started by the BYD Dolphin in 2021), a line of "ocean-themed" vehicles based on new aesthetic designs by Wolfgang Egger and the ...
China's BYD, however, looks set to close the gap after reporting 1.76 million EV sales in 2024. The Shenzhen-based firm's total vehicle sales jumped more than 41% in 2024, year-on-year, to more ...
Elon Musk's EV maker and BYD are asking suppliers to cut prices and rolling out discounts as they brace for another round in China's brutal EV battle.
As the result, BYD makes approximately €14,300 in profit on each Seal U EV model sold in the EU, which is an 11-fold increase compared to the €1,300 profit on the same model sold in China. Reuters noted that the BYD Atto 3 is priced at US$19,283 in China and US$42,789 in Germany.
It is the second car of BYD's "Ocean Series" after the smaller BYD Dolphin hatchback, [6] and is built on BYD's e-Platform 3.0 and an 800-volt electrical platform. [7] BYD also markets other models using the Seal nameplate, such as the Seal 07 DM-i, Seal 06 DM-i and Seal 05 DM-i plug-in hybrid sedans, Seal 06 GT electric hatchback and the Seal ...