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
The world's biggest automaker manufactured 869,230 vehicles globally in November, down 6.2 per cent from the same month last year
During August to October, BYD added nearly 200,000 units in production capacity and hired 200,000 workers for auto and part manufacturing
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
BYD India on Tuesday launched the electric multi-purpose vehicle eMax 7 in India at a starting price of Rs 26.9 lakh (ex-showroom)
Dolphin and Yuan Plus were BYD's two top-selling models in 2023, which in total accounted for 26% of its 3 million cars sold in the year
BYD plans to expand its sales touchpoints, aiming to double their number within the next 6 to 8 months, Rajeev Chauhan said
The price cuts and other offers were a 'step towards mainstreaming EVs and accelerating EV adoption'
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
Tesla's recall notice says that an unlocked trunk lid could open during driving, interfering with the driver's vision
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
The move comes as European automakers are being challenged by an influx of lower-cost EVs from Chinese rivals
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
In China, Xiaomi's largest market for its smartphone business, shipments rose 8.6%
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
India also has a policy in place that requires the government's approval to allow FDI proposals from countries sharing land borders, such as China
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
Nio currently buys most of its batteries from industry-leader CATL