Articles tagged with "BYD"
BYD's Profit Margin Looks Quite Good Amidst Price War Allegations - CleanTechnica
The article addresses recent allegations of a "price war" in the Chinese electric vehicle (EV) market, focusing on BYD's pricing strategies. Despite claims from some automakers and scrutiny from China’s Ministry of Industry and Information Technology (MIIT) that BYD’s aggressive price cuts are destructive and unsustainable, evidence suggests otherwise. BYD has maintained a profit margin above 5% in Q1 2025, which is better than most quarters over the past decade, indicating that the company remains profitable even while lowering prices. This challenges the notion that BYD cannot make money at current price levels and supports the argument that cost reductions can be passed on to consumers without sacrificing profitability. The article also highlights that other Chinese automakers like Li Auto, Geely, and Xiaomi are turning profits in their EV segments, with some closing the profitability gap. BYD holds about 15% of China’s overall automotive market, which is highly competitive, and its market share is still smaller than some major
energyelectric-vehiclesBYDautomotive-industryprofit-marginprice-warclean-technologyBYD Set to Dominate NEV Market in Southeast Asia, Starting with Thailand - CleanTechnica
BYD is rapidly expanding its presence in the Southeast Asian new energy vehicle (NEV) market, using a strategy of partnering with prominent local automotive groups to establish distributorships and manufacturing bases across the region. Thailand serves as a key hub for this expansion, with BYD selling approximately 27,000 units there in 2023—significantly outpacing Tesla’s 4,121 units—and capturing 14% of the total market share despite a slight overall market decline. In July 2024, BYD inaugurated a manufacturing plant in Rayong, Thailand, capable of producing 150,000 vehicles annually and creating around 10,000 jobs. This plant, completed in just 16 months with strong government support, handles stamping, painting, welding, and final assembly. In other ASEAN countries, BYD faces varying challenges but continues to grow through local partnerships. Malaysia’s market is tough due to low fuel prices and strong competition from the national car Proton, partly owned by Ge
energyelectric-vehiclesBYDSoutheast-AsiaNEV-marketautomotive-manufacturingclean-energyPush for Tariffs on Chinese EVs in Brazil as BYD Comes to Town - CleanTechnica
Chinese electric vehicle (EV) manufacturer BYD is rapidly expanding its presence in Latin America, offering affordable and high-quality electric cars that are gaining traction in markets like Brazil. However, this growth is facing resistance from certain segments of Brazil’s auto industry and labor groups. These groups argue that Chinese companies like BYD are exploiting Brazil’s temporarily low EV import tariffs to flood the market with vehicles produced in China, rather than investing in local manufacturing and job creation. Consequently, they are lobbying the Brazilian government to accelerate the increase of import tariffs on all EVs from 10% to 35%, aiming to protect domestic industry. This push for higher tariffs comes just as Brazil’s EV market is beginning to develop more robustly, with BYD’s large shipments symbolizing the growing competition. Critics claim that Chinese manufacturers have overbuilt production capacity and are offloading vehicles at artificially low prices, which could undermine local producers and slow the overall adoption of EVs in Brazil. The situation highlights the tension between encouraging EV
electric-vehiclesEV-tariffsBYDBrazil-automotive-marketclean-energyelectric-mobilityrenewable-energyTop BYD Exec Says Chinese EV Price War "Not Sustainable" & "Not Healthy" - CleanTechnica
The article discusses the ongoing price war among Chinese electric vehicle (EV) manufacturers, highlighting concerns about its sustainability and impact on the industry. Chinese automakers have been aggressively cutting EV prices, with BYD recently reducing prices on up to 22 models by as much as 30%. While BYD remains profitable and continues to grow—reporting about 15% growth in early 2025 and aiming for 30% growth with a 5.5 million vehicle sales target—it acknowledges that the current price war is "not sustainable" or "healthy." Most other Chinese EV makers, unlike BYD and Tesla, are still losing money on their EV operations, and the intense price competition is hurting overall profitability. Chinese regulators, including the Ministry of Industry and Information Technology (MIIT), have warned automakers to halt the price war to prevent further damage to the industry, signaling potential intervention. Meanwhile, BYD is pursuing aggressive international expansion, planning to invest $20 billion in Europe to establish a strong
energyelectric-vehiclesBYDautomotive-industryprice-warclean-technologyEV-marketChina's EV Moves in UK & EU Progressing - CleanTechnica
China’s electric vehicle (EV) market is the world’s most advanced, with EVs comprising about half of new car sales domestically. However, intense competition and the challenge of scaling profitably have prompted Chinese automakers to expand exports, particularly targeting Europe—the world’s second-largest EV market. Chinese EV companies face high tariffs imposed by the European Union, which argues these tariffs counteract heavy Chinese government subsidies and promote fair competition. Recent negotiations between China’s commerce ministry and the EU on setting minimum prices for Chinese-made EVs are reportedly in the final stages, suggesting potential easing of trade tensions. In the UK, Chinese automakers have made significant inroads, with companies like BYD capturing nearly 10% of the EV market following rapid sales growth. BYD, the world’s leading EV manufacturer, continues to expand its presence by introducing competitively priced models tailored to European consumers. This expansion coincides with a broader European market trend where major automakers, including Volkswagen and Renault, are competing fiercely in the small EV segment. BYD’s launch of the affordable Dolphin Surf compact hatchback, priced as low as €19,990 with respectable driving ranges, exemplifies the growing appeal of Chinese EVs in Europe and the potential for market disruption. Overall, Chinese EV makers are strategically leveraging their cost advantages and product offerings to challenge established European brands, particularly in the small car segment where affordability is key. The evolving tariff negotiations and successful market penetration in the UK signal a shifting landscape in the European EV market, with Chinese manufacturers poised to play an increasingly influential role.
electric-vehiclesEV-marketChina-EV-exportsEuropean-Union-tariffsBYDautomotive-energyclean-transportationBYD Is Suing 37 Influencers - CleanTechnica
energyelectric-vehiclesBYDclean-technologyrenewable-energyautomotive-sectorlegal-actionTop Selling Electric Vehicle Brands Worldwide in April — Hot Geely Beats Tesla - CleanTechnica
energyelectric-vehiclesEV-salesautomotive-industryGeelyTeslaBYDGlobal EV Sales — BYD Song Beats Tesla Model Y on the World Stage! - CleanTechnica
electric-vehiclesEV-saleselectrificationBYDTeslaautomotive-marketclean-energyBYD Plans Megawatt Charging Network For Europe - CleanTechnica
energyelectric-vehiclescharging-networkBYDmegawatt-chargingbattery-technologyEV-infrastructureBYD's Commercial Vehicle Sales Up 531% in May — CHARTS - CleanTechnica
energyelectric-vehiclescommercial-vehiclesBYDsales-growthclean-technologytransportationThe 1st Electrostate, BYD Enters Argentina, EPA's Attack on Science — Top 12 Stories of the Week - CleanTechnica
energyclean-technologyelectric-vehiclessolar-powerrenewable-energyBYDEPATesla Status Dropping in China as BYD Rises & Xiaomi Soars - CleanTechnica
energyelectric-vehiclesTeslaBYDXiaomiconsumer-trendsinnovationEU News: BYD Overtakes Tesla, Northvolt Suspends Production - CleanTechnica
electric-vehiclesbattery-technologyBYDTeslaNorthvoltclean-energyautomotive-industryBYD & Toyota Bringing Affordable EVs To The Masses - CleanTechnica
electric-vehiclesBYDToyotabattery-technologyaffordable-EVsautomotive-industryclean-energyIs BYD Touching Its Demand Ceiling at Home? — April 2025 Sales Report - CleanTechnica
energyelectric-vehiclesEV-salesBYDGeelyautomotive-industrymarket-analysisBYD Electric Truck Sales Up 1,195%
electric-vehiclesBYDcommercial-vehiclesclean-energyelectric-trucksrenewable-energytransportationBYD BEV Sales Up 46% in April
energyelectric-vehiclesBEVPHEVrenewable-energysales-growthBYDEV Sales Trends in Europe & Globally, + Tesla’s Potential Sales Crises (VIDEO)
electric-vehiclesEV-trendsrenewable-energyTeslaBYDVolkswagenclean-technologyTop Selling Electric Vehicle Brands Worldwide in March — EV Sales Report
electric-vehiclesEV-salesBYDTeslaautomotive-industryclean-energyelectric-mobilityBYD Launches In Benin, Seychelles, Croatia, Slovakia, & Cambodia, Plus The World’s Largest Car Carrier!
energyelectric-vehiclesBYDclean-technologytransportationsustainable-mobilitymarket-expansionBYD Seagull to Start Production in Brazil Next June
energyproductionBYDBrazilclean-technologyelectric-vehiclesmanufacturingBYD Dolphin Mini, The Car the US Will Never Have, Secures World Urban Car Award
BYDDolphin-MiniWorld-Car-Awardelectric-vehiclesautomotive-industryclean-technologyurban-mobility