Over 4,700 complaints were filed against BYD cars between February 11-17 on 12365auto.com, a third-party auto consumer complaints platform, compared with about 150 the week before
BYD and contractor Jinjiang Group have agreed to assist and house the 163 workers in hotels until a deal to end their contracts is reached, Brazil's Labour Prosecutor's Office said
Apple doesn't own any of the technology used in BYD's current Blade batteries, the partnership shows just how far the iPhone maker went in its efforts to produce a car
Rising overseas shipments contributed to a record June quarter for deliveries for BYD, with the company posting a 40 per cent year-on-year increase in electric and plug-in hybrid sales
We're more focused on our growth than profitability at this point, said Lam, a trained engineer and former Credit Suisse banker who orchestrated some of Xiaomi's biggest bets
The pairing up cuts against increasing tensions between Washington, Beijing over future of automotive industry as China has lead in batteries and EV supply chain, and US has tried to push against it
While the average sale price of cars in China fell 13.4% in the past year, the average margin of automakers rose to 7.8% in 2023 from 6.3% the previous year
Plug-in hybrids priced from 79,800 yuan ($11,011) have made up the bulk of BYD's sales in the past three years, with an accumulated 3.6 million such cars sold by the company
Honda's move marks the latest setback for Japan's legacy car brands in China, where the growing dominance of local players such as BYD and a brutal price war are causing them to lose market share
The sharp slide contrasts with rising EV sales in the world's largest auto market, albeit at the slowest pace in a year in the first quarter, amid slowing demand and a ferocious price war