automotive


2023-10-04

[NEWS] BYD Outpaces Tesla in Production, Securing the Crown in EV Sector

Source to China Times, despite the intense price wars engulfing the Chinese automotive market, domestic electric vehicle leader BYD is continuing to gain ground. In the third quarter of this year, BYD's production volumes surpassed Tesla's, making it the global leader in electric vehicle production....

2023-09-27

[News] BYD Amasses 13,000 EV Patents, 15 Times More Than Tesla

Source to Carfun, in the past two decades, Chinese electric vehicle (EV) manufacturer BYD has been relentlessly pursuing patents for EV technology, amassing a staggering 13,000 patent applications, a figure more than 15 times greater than Tesla's modest 863 patents. The stark contrast primarily boil...

2023-09-21

[News] Volvo Declares the End of their Diesel Car Will be Produced in early 2024

Source to Volvo’s recent announcement, by 2030 Volvo plans to sell only fully electric cars, and by 2040 aims to be a climate-neutral company. That clear roadmap towards all-out electrification represents one of the most ambitious transformation plans of any legacy car maker. At Climate Week NYC V...

2023-09-21

[News] BYD Reveals Second Model’s Price in Japan, NIO Raises Funds for Debt Repayment

Source to media China Timse,  in the realm of China's mainland new energy vehicle industry, NIO announced on the 20th that it has successfully secured $1 billion in funding through two convertible corporate bond offerings. This move aims not only to reduce existing debt but also to strengthen its b...

2023-09-20

[NEWS] BYD Electric Cars Outperform Tesla in Southeast Asia, with Thailand as the Largest Overseas Market

Report to InfoTimes, Chinese electric vehicle giant BYD is making impressive strides in Southeast Asia, not only leaving strong rivals like Tesla far behind but also dominating the market share in the region. Currently, in the local market, at least one out of every four electric vehicles is a BYD....

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