13 h. ago BYD founder bets on new tech to win back customers as sales decelerate

BYD, China’s electric vehicle (EV) king, is pinning its hopes on next-generation technology to engineer a turnaround in sales amid fierce competition in the world’s largest automotive market, according to its founder and chairman Wang Chuanfu. Speaking at a shareholders’ meeting in Shenzhen on Friday, the billionaire said the company’s 12,000 engineers – the backbone of the carmaker – would help it regain a technological edge over rivals. “We have heavyweight new technology in the pipeline,” he...

Economics

40 h. ago Mainland China's billionaire count surges as BYD and Mixue bosses power wealth gains

Mainland China's billionaire count surges as BYD and Mixue bosses power wealth gains  Yahoo Finance

Economics

41 h. ago Mainland China’s billionaire count surges as BYD and Mixue bosses power gains

Mainland China’s billionaires have tightened their grip as Asia-Pacific’s wealthiest after their combined fortunes swelled to nearly US$1.8 trillion, with electric-vehicle (EV) maker BYD’s founder Wang Chuanfu and bubble tea chain Mixue’s bosses among the biggest drivers of that growth, according to a UBS report. Backed by a booming tech sector and surging asset prices, the wealth of mainland China’s billionaires jumped 22.2 per cent year on year to US$1.77 trillion in the 12 months to early...

Economics

62 h. ago Tesla scored a win in China just as its biggest rival stumbled

Tesla scored a win in China just as its biggest rival stumbled  Business Insider

Politics

4 d. ago Changan Auto becomes latest Chinese carmaker to join humanoid robot bandwagon

Chinese carmakers, which are increasingly deploying robots in factories, are now moving into humanoid robotics following US rival Tesla despite a warning from Beijing about a potential investment bubble. State-owned Changan Automobile has become the latest entrant into the sector. The Shenzhen-listed company planned to invest 225 million yuan (US$31.8 million) for a 50 per cent stake in Changan Tianshu Intelligent Robotics Technology, according to an exchange filing on Friday. The company...

Politics

9 d. ago Pentagon seeks to add Alibaba, Baidu, BYD to China military list, Bloomberg News reports

Pentagon seeks to add Alibaba, Baidu, BYD to China military list, Bloomberg News reports  Reuters

Events

9 d. ago Pentagon suggests adding Alibaba, Baidu, BYD to list for aiding China military, Bloomberg News reports

Pentagon suggests adding Alibaba, Baidu, BYD to list for aiding China military, Bloomberg News reports  Reuters

Events

1 week ago Q3 2025 China Update: At BYD, Domestic Problems Dominate (OTCMKTS:BYDDF)

Q3 2025 China Update: At BYD, Domestic Problems Dominate (OTCMKTS:BYDDF)  Seeking Alpha

Politics

2 w. ago Xiaomi reaffirms safety focus after raising 2025 sales target to 400,000 units

Xiaomi, one of Tesla’s biggest challengers in mainland China over the past year, pledged to focus on the safety and reliability of its cars after its factory reached another milestone. Founder and CEO Lei Jun said on Thursday that Xiaomi had raised its full-year delivery target from 350,000 vehicles to 400,000 after ramping up production, but stressed that the quality of the SU7 sedan and YU7 SUVs would not be compromised. “We firmly believe that safety is a foundation and a priority,” he said...

Economics

2 w. ago China’s BYD Leads EV Boom in Wealthy South American Nation Facing $7 Gas

China’s BYD Leads EV Boom in Wealthy South American Nation Facing $7 Gas  Bloomberg.com

Economics

3 w. ago Xpeng touts driverless cars, Volkswagen eyes making chips in China: 7 EV reads

We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. Chinese EV maker BYD’s sales surge in Europe, narrowing gap with Tesla Chinese electric vehicle (EV) maker BYD recorded surging sales in Europe last month after it launched more models and expanded its sales network, narrowing its gap with market leader Tesla. 2. Nexperia saga sees...

Transport

3 w. ago BYD’s sales surge in Europe, Tesla’s robotaxi debut in China: 7 EV reads

BYD’s sales surge in Europe, Tesla’s robotaxi debut in China: 7 EV reads  South China Morning Post

Economics

3 w. ago Video: What It Takes to Move a Factory From China to Vietnam

Video: What It Takes to Move a Factory From China to Vietnam  The New York Times

Culture

3 w. ago China’s BYD aims to sell up to 1.6 million vehicles abroad in 2026, Citi says

China’s BYD aims to sell up to 1.6 million vehicles abroad in 2026, Citi says  Reuters

Politics

3 w. ago Tesla Rival BYD's China Factory Is 6 Times Bigger Than TSLA's Texas Gigafactory

Tesla Rival BYD's China Factory Is 6 Times Bigger Than TSLA's Texas Gigafactory  Benzinga

Politics

3 w. ago Satellite images show how Tesla rival BYD is expanding its largest Chinese megafactory

Satellite images show how Tesla rival BYD is expanding its largest Chinese megafactory  Business Insider

Politics

4 w. ago China EV maker BYD reports record quarterly profit of $1.42 bln in Q3

China EV maker BYD reports record quarterly profit of $1.42 bln in Q3  Reuters

Economics