As Chinese players target emerging markets As of October 2024, Chinese battery manufacturers dominate the global electric vehicle (EV) battery market, holding approximately two-thirds of the market share. This dominance is primarily attributed to their control over vital raw materials and their
BYD
On July 4, BYD celebrated the inauguration of its Thailand plant and the production of its 8 millionth new energy vehicle in Rayong, Thailand, marking two milestones in the company’s global expansion. The ceremony was attended by Ms. Pimphattra Wichaikul, Thailand’s Minister of Industry; Mr. Han Zhiqiang, Chinese Ambassador to Thailand; Mr. Narit
Hybrids to surpass EVs and ICE vehicles In a significant shift for the global automotive industry, electric vehicle (EV) sales are projected to hit the 10-million mark in 2024. This highlights a decisive turn away from Internal Combustion Engine (ICE) vehicles. The milestone comes amid projections that ICE vehicles’ market share will dip below 50% […]
On May 14, BYD launches its first pickup truck, BYD SHARK, in Mexico. Positioned as a new energy intelligent luxury pickup, BYD SHARK features the DMO Super Hybrid Off-road Platform, representing the latest addition to BYD’s product portfolio. This model, developed for the global market, marks BYD’s first global product launch outside of China, promising […]
On May 14, BYD launches its first pickup truck, BYD SHARK, in Mexico. Positioned as a new energy intelligent luxury pickup, BYD SHARK features the DMO Super Hybrid Off-road Platform, representing the latest addition to BYD’s product portfolio. This model, developed for the global market, marks BYD’s first global product launch outside of China, promising […]
A New Record In The Automotive Industry BYD, a global leader in new energy vehicles (NEVs) and power batteries, celebrated the production of its seven millionth NEV, the Denza N7, on March 25, 2024, at the company’s Jinan factory in China, setting a new record in the automotive industry. The journey to this milestone began […]
Deira International School (DIS), an internationally accredited school owned and operated by Al Futtaim Education Foundation, organised an exclusive educational trip for year six students to the BYD showroom in Festival City, Dubai. This tour comes as part of the goal to educate young minds on sustainable automotive technologies. BYD, one of the automotive brands […]