Chinese Automakers Rising: BYD's Strategy to Overhaul the MarketOn March 27, 2024, the Chinese automaker BYD conducted an investor meeting where it made several announcements regarding next-generation technologies and sales targets. During the meeting, BYD revealed its plan to launch the 5th generation of DM (Dual Mode) hybrid technology in May. This technology reduces fuel consumption to 2.9 liters per 100km (around 81 […]
NVIDIA Boosts Collaboration with Chinese Carmakers: BYD, Xiaopeng, and MorePhoto=BYD NVIDIA announced on the 18th at the opening of the annual developers’ conference, GTC (GPU Technology Conference) 2024 that it is expanding its cooperation with Chinese automakers like BYD. According to a Securities Times report, they will provide the next-generation vehicle chip “DriveThor” for BYD vehicles next year. DriveThor is a car computer that […]
BYD, a Company Backed by Warren Buffet, Has Dominated the Entire EV IndustryRecently, the latest model of BYD’s Yuan Plus is being sold in China starting at about 120,000 yuan (about $16,660), which is about 12% cheaper than the previous model. According to the media, the price war of electric vehicles is currently accelerating in China, and overall sales volume is decreasing. BYD’s competitor XPeng had reached […]
From Copycat to Leader: How a Battery Company Topped Tesla in SalesBYD's cost-effective in-house production, from battery manufacturing to global EV leader, helps secure its electric vehicle dominance.
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