China will continue to offer car trade-in subsidies. If consumers swap their old car for a new energy vehicle, they can ...

Toyota’s luxury EV strategy challenges BYD’s dominance in China’s auto market, igniting a fierce competition in the world’s ...

and followed that up with a ban on certain vehicle software that originates in China. Those policies would seem to effectively shut BYD and its peers out of the huge U.S. car market for the time ...

The EV giant sold 1.76 million electric cars in 2024, per figures released on Wednesday, putting it within touching distance ...

BYD is also a battery giant. According to Car News China, it’s the second-largest battery supplier in China and supplies packs to companies including Toyota, Nio, and Tesla. The company ...

The surge was powered mainly by sales of its hybrid cars. BYD sells 90% of its cars in China, where it has been extending its lead over foreign brands including Volkswagen and Toyota. It has ...

But BYD cars are facing new trade barriers, like the EU’s new tariffs on China-made EVs. Brazil, another important market for BYD, also reinstated import taxes on electric vehicles regardless of ...

China’s best-selling car manufacturer BYD sold a record number of electric vehicles and hybrids globally last year, even as fierce competition took hold in its home market. Tesla’s biggest ...

BYD Auto, China's electric vehicle (EV) king, was the world's biggest seller of pure electric cars in the fourth quarter of 2024, as Tesla's sales for the period fell short of expectations.