Tuesday, April 16

Tag: BYD

BYD beating Tesla in EV Game
Automobile

BYD beating Tesla in EV Game

New York, 23rd March 2024: BYD is making significant strides in overtaking Tesla as the leading battery-electric vehicle producer globally. Following another upgrade, Wall Street is showing interest as the stock price of BYD saw an increase on Monday. In November, the Chinese EV manufacturer reported delivering over 301,000 passenger vehicles, marking a 31% year-over-year growth. Of these, over 170,000 were all-battery electric vehicles (BEVs), showing an almost 50% increase from the previous year. Additionally, BYD also delivered approximately 131,000 plug-in hybrid vehicles. During the first two months of the fourth quarter, BYD recorded almost 336,000 BEV deliveries, marking a 55% increase compared to the previous year. With this growth trajectory, BYD is on track to delive...
Decoding the Success Story of BYD: A Case Study
Automobile

Decoding the Success Story of BYD: A Case Study

BYD, a Chinese automobile manufacturer, has risen to prominence in recent years, capturing the attention of industry experts and consumers alike. This article aims to decode the success story of BYD, examining the factors that have propelled the company's growth and success. By delving into various aspects of BYD's journey, we can gain valuable insights into the strategies and practices that have made it a formidable player in the automotive industry. Visionary Leadership One of the critical factors behind BYD's success is its visionary leadership. The company was founded in 1995 by Wang Chuanfu at age of 29. He partnered with his cousin Lu Xiangyang and established BYD Company. BYD Auto is a subsidiary of the BYD Company. BYD Auto emerged after the BYD Group acquired the Qinchua...
Baidu and BYD Partner for Mass Production of Autonomous Cars
CHINA

Baidu and BYD Partner for Mass Production of Autonomous Cars

China’s largest technology company and search engine Baidu Inc and China's leading electric car maker BYD have announced their plan that bothr the companies are partnering with an aim to start mass producing self-driving cars in the coming three years' time. It was last year that Baidu had launched Project Apollo, which was titled after the Apollo moon landing project. The project was started to mark the start of its push to get self-driving cars on the road in China. A technician from Baidu informed that Project Apollo will offer the software platform that can be used by car manufacturers. Baidu has already manufactured more than 100 autonomous buses and has plans to sell to foreign markets, including Japan, which is set to receive 10 in early 2019. Apart from BYD, China’s Google ha...