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BYD

(比亚迪)

People visit a booth for Chinese battery manufacturing giant CATL at Automechanika, a leading trade fair for cars, in Frankfurt, Germany, on September 11. Photo: Xinhua

US study finds China’s tech innovation ‘much stronger’ than understood

Performing best in nuclear power, EVs and batteries, mainland companies will ‘likely equal or surpass Western firms within a decade or so’.

Performing best in nuclear power, EVs and batteries, mainland companies will ‘likely equal or surpass Western firms within a decade or so’

4 hours agovideocam

China’s EV makers feel crunch as high R&D costs collide with discount pressure

18 Sep 2024 - 9:27AMvideocam

Beijing urges EV makers to avoid investing in India and Turkey

18 Sep 2024 - 12:36PMvideocam

Chinese companies navigate challenges in hunt for EV metals in Latin America

Latin American countries, such as Chile, Bolivia, Mexico and Peru, are placing extra scrutiny on overseas investment in their lithium industries.

16 Sep 2024 - 5:38PMvideocam

Aerial view of brine ponds and processing areas of the lithium mine of the Chilean company SQM in the Atacama Desert, Calama, Chile. Photo: AFP

EVs outsold oil-guzzlers in China last month, boosting take-up rate

A doubling in subsidies in July helped convince more buyers to embrace electric cars, industry association says.

10 Sep 2024 - 5:51PM

China’s Geely unveils first compact EV to compete with BYD Seagull

The Xingyuan will compete head-on with BYD’s Seagull car to attract young, first-time car buyers amid an ongoing price war in the local market.

5 Sep 2024 - 10:59AM

China’s BYD pauses Mexico factory plans until after US election

Mexico could be a key production site for BYD, along with plants it is building or already operating in Brazil, Hungary, Turkey and Thailand.

4 Sep 2024 - 10:53AM

BYD electric cars wait to be loaded onto a ship at Taicang Port in Suzhou, in China’s eastern Jiangsu province on February 8, 2024. Photo: AFP

Chinese investment in Brazil’s EV and electricity sector soars, says report

All Chinese projects in the Brazilian automotive industry are aimed at manufacturing electrified vehicles.

4 Sep 2024 - 5:48AMvideocam

Tesla delivers 17% more EVs from China factory as sales slip for rivals

US carmaker bucks downward trend in first six months, while sales decline 5.6 per cent for Li Auto and 1.6 per cent for Nio despite larger government subsidy for buyers.

3 Sep 2024 - 1:15PM

China EVs: Leapmotor, Xpeng set the pace in August, while Li Auto and Nio stumble

Stellantis-backed Leapmotor hit record sales last month, while others like Li Auto and Nio struggle amid fierce competition and price war.

1 Sep 2024 - 7:03PMvideocam

Leapmotor delivered 8,000 units of the C16 midsize SUV last month. Photo: Bloomberg

China’s EV makers scramble for EU tariff deal, with price floor on the table

Chinese carmakers offering to set minimum prices and volume limits, but insiders say proposals are unlikely to convince Brussels.

1 Sep 2024 - 4:00PM

The EU has complained that cheap, exported Chinese vehicles threaten the future of the European car industry. Photo: AFP

In China, hybrid cars beat EVs in popularity on range anxiety, costs

Hybrid cars are cheaper and more efficient, reasons why Chinese consumers are favouring them over pure electric cars. Range anxiety and cost issues are deemed challenging for young drivers.

30 Aug 2024 - 6:00AMvideocam

BYD, Li Auto sell more EVs at thinner margins as price war intensifies

China’s only profitable EV builders rebound from poor first-quarter performance, with BYD’s second-quarter earnings nearly doubling and Li Auto’s increasing by 86 per cent.

29 Aug 2024 - 9:48AM

Xpeng’s keenly priced Mona 03 EV is targeted at market leader BYD

The M03 compact sedan, which is equipped with an advanced driving assistance system and has a range of 515km, starts from 119,800 yuan (US$16,812).

28 Aug 2024 - 5:27PMvideocam

China’s EV makers need emerging markets amid dire profit prospects: Moody’s

Emerging markets in Latin America, the Middle East and Southeast Asia have growth potential but also carry risks for companies facing a price war at home and tariffs abroad, ratings agency says.

27 Aug 2024 - 6:00AM

BYD EVs wait to be loaded onto a ship at Taicang Port in Suzhou, in China’s eastern Jiangsu province, on February 8, 2024. Photo: AFP

China’s EV makers sell more vehicles at bigger losses in discount war

EVs account for more than half of new car sales in mainland China, but brands including Xpeng, Zeekr, Leapmotor and Xiaomi face a long road to profitability.

29 Aug 2024 - 6:01PM

Tesla reaps benefits as EU cuts planned tariffs on Chinese-made EVs

Elon Musk’s firm will face the lowest rate of 9 per cent, but more Chinese companies will have to pay much higher rates.

21 Aug 2024 - 12:28AMvideocam

Alibaba, Tencent weigh on Hong Kong stocks amid lack of catalysts

With China leaving its benchmark lending rates untouched as expected, investors patiently await developments on the Federal Reserve front.

20 Aug 2024 - 5:06PM

Hong Kong stocks fell on Tuesday as investors booked profit amid a lack of catalysts. Photo: Shutterstock

Former Huawei ‘Genius Youth’ recruit launches humanoid robots to rival Tesla’s

‘We’re now at the forefront of the industry,’ Agibot founder Peng Zhihui declared after launching his firm’s new-generation family of humanoid robots.

22 Aug 2024 - 1:59PM

Here’s why tiny Hong Kong is so important for China’s EV producers

Carmakers are turning to Hong Kong as buyers shed their disdain for made-in-China EVs, while companies use the opportunity to fine-tune their products that appeal to markets in Asia and elsewhere.

17 Aug 2024 - 1:05PMvideocam

Don’t be ‘smug’, Chinese state media warns after Foxconn’s billion-yuan HQ plans

Apple’s manufacturer in China bucked a trend of declining investment with its big plans for Henan province, but a ‘complicated’ environment is seen reflecting how slower growth will be ‘the new trend’.

19 Aug 2024 - 8:59AMvideocam

Foxconn recent announced plans to spend 1 billion yuan (US$139 million) on a new headquarters in China’s Henan province. Photo: Reuters

ASMPT, J&T to benefit from latest review of Hang Seng indices as SenseTime exits

The city’s stock index compiler made no changes to the Hang Seng Index, while adding chip equipment maker ASMPT to its tech gauge at the expense of Ping An Healthcare

16 Aug 2024 - 8:35PMvideocam

Index compiler made no changes to the benchmark Hang Seng Index in August review. Photo: Bloomberg

Explainer | Which are the top EV brands and bestselling models in Hong Kong?

Carmakers from across the world are vying for a slice of the city’s fast-growing EV market. The Post takes a look at the top five carmakers and models.

16 Aug 2024 - 9:20AM

China pumps up state subsidies as chip war with US intensifies

Government subsidies granted to Huawei, SMIC, Naura Technology and other major chip players in China swelled in 2023, a Post analysis found.

16 Aug 2024 - 8:00AM

Trump says biggest fear is ‘nuclear warming’, with China to pass US capability

In live interview on X by Elon Musk, Republican presidential nominee criticised Kamala Harris’ ability to deal with China’s ‘Chairman Xi’ if elected president.

13 Aug 2024 - 10:36PMvideocam

Former US president Donald Trump points during a campaign rally at Temple University in Philadelphia in June. Photo: The Philadelphia Inquirer/TNS

Malaysia launches home-grown electric car as Chinese EV makers target market

Proton’s new e.MAS7 model will face an influx of Chinese EVs as US and EU tariffs push manufacturers to pivot to Southeast Asia.

2 Aug 2024 - 7:05PM

Proton launched its e.MAS7 electric car on August 2. Photo: Joseph Sipalan

Donald Trump’s invitation to Chinese carmakers might boost US EV transition

The Republican presidential nominee may still disdain electric vehicles but encourages their manufacturers to build plants in the United States.

9 Aug 2024 - 1:42AMvideocam

China’s EV sales cruise along, while price war pushes profits further off for most

Li Auto and Geely’s Zeekr turned in the strongest growth in July, while Xpeng and Nio delivered more modest increases.

1 Aug 2024 - 10:22PM

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BYD

比亚迪

BYD is the world's largest maker of electric vehicles by units sold. Dominant in China, the company has since 2021 sought to aggressively expand sales of passenger cars to Europe, Southeast Asia, Oceania and South America. It also sells products ranging from electric buses and trucks to forklifts, solar panels and rechargeable batteries.

Chairman / President

Wang Chuanfu

CEO / Managing Director