Naphjas Inc. |

03 Apr Tesla knocks BYD off its perch as world’s largest pure EV makers struggle to win new customers in China’s shrinking market

Posted at 07:54h in Asia

Tesla regained its crown as the world’s biggest seller of pure electric vehicles (EVs) in the first quarter, as Huawei Technologies and other start-ups snapped at the heels of the market leader BYD, driving the industry into a ferocious price war in China.Deliveries by the...

28 Mar BYD chairman Wang Chuanfu expects sales growth to slow in 2024, banks on export surge to shore up profitability

Posted at 13:00h in Asia

BYD, the world’s largest electric-vehicle (EV) maker, is targeting a 20 per cent increase in sales this year, just a third of last year’s tally, as overcapacity concerns and a price war loom over the sector in mainland China.Wang Chuanfu, the Shenzhen-based carmaker’s chairman and...

21 Mar Apple CEO Tim Cook meets BYD, other key mainland suppliers in Shanghai as US tech giant opens 57th China store

Posted at 13:00h in Asia

At Apple’s office in Shanghai, Cook on Wednesday met two billionaire company founders: Wang Chuanfu, the chairman and chief executive of the world’s largest electric vehicle maker BYD, and Zhou Qunfei, the chairwoman and chief executive of touch screen manufacturer Lens Technology.Also present at the...

20 Mar Apple CEO Tim Cook goes on a charm offensive in China amid weak iPhone sales in the world’s largest smartphone market

Posted at 14:00h in Asia

Apple chief executive Tim Cook on Wednesday met Chinese video game developers, a filmmaker and the billionaire founder of BYD in Shanghai, ahead of the company’s new store opening in the city, as the US tech giant goes on a charm offensive amid weak iPhone...

06 Mar China’s BYD to spend US$55 million on buy-back of Shenzhen-listed shares as world’s largest EV maker eyes higher market value

Posted at 13:24h in Asia

BYD, the world’s largest electric vehicle (EV) maker, plans to buy back 400 million yuan (US$55.56 million) worth of its mainland-listed shares, with the aim of lifting the company’s stock price amid concerns about escalating competition in China.Shenzhen-based BYD, backed by Warren Buffett’s Berkshire Hathaway,...

17 Jan China EVs: BYD plans US$14 billion investment to develop smart cars, seen as the next battlefield

Posted at 04:17h in Asia

BYD, the world’s largest electric vehicle (EV) maker, will invest 100 billion yuan (US$14 billion) in smart cars, as the company expects intelligent new energy vehicles to be the next battlefield for the industry, founder and CEO Wang Chuanfu said.He was speaking at the...

02 Jan China’s BYD poised to overtake Tesla as world’s largest maker of pure-electric vehicles on fourth-quarter EV sales surge

Posted at 12:30h in Asia

BYD, already the world’s largest producer of electric vehicles (EVs) – a category that includes plug-in hybrid cars – is poised to gain more bragging rights as global deliveries of its “pure”, battery-powered EVs are expected to have surpassed Tesla’s in the fourth...

Wang Chuanfu Tag

28 Mar BYD chairman Wang Chuanfu expects sales growth to slow in 2024, banks on export surge to shore up profitability

21 Mar Apple CEO Tim Cook meets BYD, other key mainland suppliers in Shanghai as US tech giant opens 57th China store

20 Mar Apple CEO Tim Cook goes on a charm offensive in China amid weak iPhone sales in the world’s largest smartphone market

17 Jan China EVs: BYD plans US$14 billion investment to develop smart cars, seen as the next battlefield

02 Jan China’s BYD poised to overtake Tesla as world’s largest maker of pure-electric vehicles on fourth-quarter EV sales surge

About Company

Contact Us

Twitter Feed

Newsletter