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The Latest Breaking News from Wang Chuanfu

BYD's aggressive discounts are annoying customers—and officials—in Thailand, the 'Detroit of Asia'

Bangkok is reportedly investigating BYD's distributor after a sales rep promised a customer that prices wouldn't fall further—and then they did.

Fortune

China's BYD Opens EV Plant In Thailand Despite Slowdown, Tariff Row

China's electric vehicle giant BYD opened a factory in Thailand on Thursday, continuing its international expansion despite a market slowdown and hours before the European Union was due to impose swingeing tariffs on Chinese EV firms.

International Business Times

BYD: China’s electric vehicle powerhouse charges into Europe

Threat of EU tariffs may not be enough to slow carmaker in its attempt to challenge Tesla on global stage

The Guardian - UK

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BYD Expects To Increase Plug-In Car Sales By Over 20% In 2024

After the spectacular sales success in 2023, BYD is pushing hard to further increase its plug-in electric car sales both in China and overseas.

InsideEVs

Chinese EV Giant BYD Announces Record Annual Profit For 2023

Chinese battery and automotive giant BYD achieved a record profit in 2023, annual results showed Tuesday, despite fierce competition in the country as demand for electric vehicles grows.

International Business Times

China’s Tesla-beating EV maker BYD has carmakers around the world ‘in a state of shock’ over its prices

BYD owns its entire EV battery supply chain and its CEO is both a relentless cost-cutter and "natural engineer," as Charlie Munger put it.

Fortune

China's BYD is rivaling Tesla in size. Can it also match its global reach?

A less flashy Chinese electric vehicle maker is fast closing the gap with Tesla, the longtime, market-leading pioneer

The Independent UK

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BYD Sure Looks Poised To Overtake Tesla In EV Sales Soon

Tesla's biggest rival enters the passing lane.

InsideEVs

Elon Musk suggests Tesla and 9 Chinese companies will be the top 10 carmakers

The billionaire Tesla CEO just took his praise of China's electric-vehicle makers up a notch.

Fortune

Tesla’s biggest rival mourns death of early backer Charlie Munger—‘unwavering support and guidance instrumental in shaping BYD’

The Berkshire Hathaway vice chairman bet big on the Chinese EV company all the way back in 2008.

Fortune

Charlie Munger says Elon Musk is outclassed by the head of China’s BYD, poised to overtake Tesla in global sales of fully electric vehicles

"The guy at BYD is better at actually making things than Elon is," said Warren Buffett's right-hand man.

Fortune

Praised by Elon Musk, top Chinese EV maker BYD urges China’s car brands to go global and ‘demolish the old legends’

"I believe the time has come for Chinese brands," said BYD founder Wang Chuanfu.

Fortune

Warren Buffett-Backed BYD Becomes 1st Automaker To Make 5M NEVs

Chinese EV giant BYD Co Ltd said on Wednesday that it has produced its 5 millionth new energy vehicle

Zenger

China’s BYD Is Racing Toward the Top of the Global EV Market

The Warren Buffett-backed automaker, the biggest car brand at home, has quickly expanded its clean-car sales in Asia, Europe and Latin America.

Businessweek

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Fortune

Munger says BYD success vs. Tesla is 'almost ridiculous'

Berkshire Hathaway bought a stake in BYD—now the world's top-selling EV brand—in 2008.

Investors Business Daily

Tesla Deliveries In China Approach Record High After Production Lull

Tesla (TSLA) deliveries in China shot up in August, approaching record highs set in June, after it ramped up capacity in its Shanghai facility. Tesla stock edged up Thursday. Elon Musk's electric-vehicle giant delivered around 77,000 autos in China during August, according to Thursday numbers released by the China Passenger…

InsideEVs

BYD Targets 4 Million Plug-In Electric Car Sales In 2023

BYD is on a path of fast growth, which soon is expected to translate into millions of plug-in electric cars sold annually.

Businessweek

Chinese EV Maker BYD Aims to Conquer World Markets as the Un-Tesla

Already the biggest electric vehicle producer at home, it bets low prices and producing its own batteries and chips will make it a global leader.

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Al Jazeera

China’s BYD was written off by Elon Musk. Now it’s beating Tesla

Shenzhen-based electric carmaker sold more than 641,000 vehicles in the first half of 2022.

InsideEVs

BYD: Electrification Is Accelerating Much Faster Than We Thought

BYD, China's largest plug-in electric car manufacturer, is on a fast track right now with sales exceeding 100,000 units a month for the past three months.

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