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BYD

BYD launches $15K Qin Plus EV kicking off price war with gas cars

BYD is kicking off a price war with gas-powered cars as new lower-priced electric vehicles begin rolling out. After launching the new Qin Plus EV Honor Edition on Monday, BYD said it’s “officially opening a new era of electricity is lower than oil.” Expanding into new EV segments After surpassing Tesla to take the top-selling global EV maker title in Q4, BYD is pressing ahead with plans to keep the momentum rolling in 2024. BYD’s upcoming EV plans leaked earlier this month, showing several new…

BYD issues stock buyback to fuel its dominant global EV expansion

The world’s EV leader, BYD (OTC: BYDDY), announced a stock buyback plan as it continues expanding into new markets. BYD is pushing into different segments with new luxury EVs and mid-size electric SUVs. Expanding into new EV segments After selling a record 526,409 all-electric vehicles in the fourth quarter of 2023, BYD topped Tesla to become the best-selling EV maker globally. The automaker’s success was fueled by its lineup of affordable EVs like the Dolphin, Atto 3 (Yuan Plus in China), and…

BYD Shares Rise on Buyback Plan, More Luxury-Model Launches

BYD’s Shenzhen-listed shares rose after the Chinese electric-vehicle giant’s plans for more share buybacks and luxury-model launches. BYD’s Shenzhen-listed shares rose after the Chinese electric-vehicle giant’s plans for more share buybacks and luxury-model launches. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their…

BYD is launching its Yangwang U9 electric supercar next week

A new electric supercar will hit the market next week. BYD will officially launch its new Yangwang U9 electric supercar on February 25. The new EV supercar can sprint from 0 to 60 mph in 2 seconds. BYD Yangwang U9 electric supercar launching Feb 25 BYD launched its Yangwang ultra-luxury brand last January, debuting the off-road U8 SUV and U9 electric supercar. The brand’s first vehicle, the Yangwang U8, began deliveries last December, with prices starting at $150,000 (1,089,000 RMB). By…

Chinese EV Maker BYD Exploring Mexico Factory as Entry to U.S. Market

The Tesla competitor is expanding rapidly in Europe and Southeast Asia; now it is looking at a new export base south of the U.S. border. The Tesla competitor is expanding rapidly in Europe and Southeast Asia; now it is looking at a new export base south of the U.S. border. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to…

BYD Seal EV’s India Launch Slated For 5th March: Tesla Rival Goes 0-100 Kph In 3.8 Seconds

The Indian electric vehicle (EV) market is gearing up for another exciting launch, with BYD Auto officially confirming the arrival of the highly awaited Seal electric sedan on March 5th, 2024. This sleek and sporty sedan is expected to shake up the segment, promising cutting-edge technology, impressive range, and a competitive price tag. The Seal’s arrival marks a significant step in BYD India’s aggressive expansion plans. The Chinese automaker, already a global leader in electric vehicle technology, has set…

BYD signs deal with Ford, GM supplier to use its LFP battery packs

Leading global EV maker BYD is making big moves to stay on top of the market. Its latest deal gives Ford and GM supplier BorgWarner rights to its BYD Blade battery packs. BYD signs deal with Ford, GM supplier for battery packs BorgWarner announced the strategic agreement with BYD’s battery unit, FinDreams. Under the deal, the auto supply giant will be “the only non-OEM localized manufacturer with rights to localize BYD’s Blade LFP battery packs for commercial vehicles.” The supplier will be the…

BYD mulls EV plant in Mexico as an ‘export hub’ to the US

As BYD continues its dominant global expansion, the EV maker’s latest target is a stone’s throw from the US. BYD is looking to establish an EV plant in Mexico as an “export hub” for the US. After slipping past Tesla in EV sales in the last three months of the year, BYD became the top-selling EV maker globally. BYD is now among the top ten global automakers for the first time. After dominating its home market of China, the company is expanding overseas. The automaker’s exports surged last…