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The Latest Breaking News from BYD

'Lost Year': Germany Electric Car Sales Go Into Reverse

Sales of new electric vehicles in Germany plunged last year, official figures showed Monday, as a slow switch to battery-powered cars deepened the woes of the country's flagship auto industry.

International Business Times

Legendary boxing promoter Don King slapped with $3 billion fraud and defamation suit over Rumble in the Jungle 2

The boxing promoter is accused of backing out of a 50th anniversary fight just months before tickets were set to go on sale.

Fortune

Strong Performance In China Defied Tesla’s 2024 Global Sales Downturn

Tesla just experienced its first annual sales decline in over a decade, signaling a significant shift on the global EV scene in 2024. The only major market where it experienced growth last year was China, even though the trend among Chinese EV buyers was to move away from foreign brands…

InsideEVs

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Tesla Stock Drops 6% on Annual Sales Decline Despite Record Q4 Deliveries as BYD Closes in Fast

Tesla's drop in annual sales marks the first year-over-year decline. However, analysts think the launch of Tesla's lower-priced EV this year, the growing uptake of its full self-driving software, and the robotaxi testing could take the company's market cap beyond £1.61 trillion.

International Business Times UK

China's BYD Was The Top EV Maker In 2024, Beating Tesla

Tesla has lost the title of the world’s top electric-vehicle producer to Chinese juggernaut BYD. It’s the latest reminder—and an especially stark one—that China is running away with the global EV sector and isn’t looking back.

InsideEVs

Tesla Reports First-Ever Full-Year Sales Drop

Tesla reports its first full-year sales drop, facing competition from Chinese rivals and global automakers. Despite a 1% decline in 2024 sales, Tesla remai...

Top News

Tesla shares fall as company reports first decline in annual deliveries

Reduced European subsidies, a US shift to lower-priced hybrids and Chinese competition have squeezed EV maker

The Guardian - US

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Sales Surge In 2024 For Chinese EV Giant BYD

The EV and battery giant is the most prominent of Chinese automotive firms expanding abroad -- plans that are increasingly threatened by thorny trade disputes between Beijing and the West.

International Business Times

After BYD’s bumper December, here’s how many cars Tesla must sell to keep its crown as the world’s top EV seller

BYD sold 1.7 million battery EVs in 2024, nearing the 1.81 million EVs sold by Tesla in 2023.

Fortune

Contractor of China's BYD Denies Forced Labor Claims in Brazil, Cites Cultural Misunderstandings

Allegations spark tensions as BYD cuts ties with contractor amid labor rights concerns, passport disputes, and China's push for stronger Brazil ties.

Latin Times

3 Energy Storage Stocks to Watch in 2025

The energy storage industry is thriving, driven by pent-up demand for energy storage, rapid transformation to renewable energy, and several technological advancements. Energy storage stocks Tesla (TSLA), BYD Company (BYDDY), and Enphase Energy (ENPH) look poised to capitalize on the industry’s tailwinds in 2025 and could be worth watching. Read…

StockNews.com

Chinese workers found in 'slavery-like conditions' in Brazil taken to hotels as probe gets underway

Dozens of Chinese workers have been taken and put up in hotels in Brazil’s tropical northeastern region after local labor authorities found them at a construction site for electric vehicle automaker BYD

The Independent UK

Brazil Views Labor Violations At BYD Site As Human 'Trafficking'

Authorities in Brazil said Friday they are probing Chinese auto giant BYD and one of its contractors for suspected "trafficking" of Chinese workers building a factory in the South American country.

International Business Times

'Hybrids Are A Road To Hell' In EV Race Against China: Former Nissan Exec

The battle of "electric versus every other powertrain" is an ongoing topic of debate. Automakers once had great ambitions of how quickly they expected the market to pick up battery-electric power, but have since scaled back their visions to a hybrid-heavy approach after the market failed to develop as quickly…

InsideEVs

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Top News

Global Electric Vehicle Market Sees Significant Growth In 2021

Explore the significant growth of electric vehicles globally, driven by China, Europe, and the U.S., with Tesla leading but facing competition.

The Independent UK

Five facts about electric vehicles in 2024

Here are a few takeaways on electric vehicles in 2024: As of November, the global EV market grew by 25% year-over-year

The Independent UK

Chinese automaker BYD slams reports of poor conditions at a factory site in Brazil

A spokesperson for Chinese automaker BYD has objected to reports about poor conditions at a construction site in Brazil where it is building a factory, saying the allegations were aimed at “smearing” China and Chinese brands

Fortune

Will BYD take over Europe’s struggling EV market?

European automakers should beware—the world’s largest producer of plug-in cars is Chinese and has plans for European electric domination.

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International Business Times UK

Tesla Cybertruck Spotted at Chinese BYD Facility — Is a China Launch on the Horizon?

Tesla's Cybertruck is closer to launching in China. After filing energy consumption information, it appeared in the MIIT database.

International Business Times

Chinese Firms Take On EV Truck Challenges

Dominant in the electric car sector, Chinese companies have been quietly consolidating their position in the lesser-watched trucking scene -- but foreign tariffs and a perceived quality gap could signal roadblocks ahead, experts warn.

InsideEVs

How Nissan Blew It

A decade ago, there were basically two names in the electric vehicle game: Tesla and Nissan.

InsideEVs

BYD Could Soon Outsell Ford And Honda

Everybody knows about BYD even if it doesn’t sell passenger cars in the United States. That’s because it’s one of the world’s largest automakers and at one point it was the largest all-electric car maker, toppling Tesla for a few short and sweet months.

Benzinga

Tesla Shares Surge In Pre-Market On Monday, Hovering Near $400: What's Going On?

This increase follows Tesla's announcement of a new, affordable vehicle model during an investor meeting with Deutsche Bank.

Fortune

BYD could near Honda and Ford in cars sold this year as EV giant looks set to surpass its 4 million sales target

BYD sold around 3.8 million cars in the first 11 months of 2024, a 40% year-on-year jump.

Barchart

Up 47% Post-Election, Can Tesla Stock Keep Soaring?

Is Tesla's post-election rally, coupled with newfound optimism, a prelude to sustained momentum, or could struggles in China dampen its upward trajectory?

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