Tesla's Top Rival BYD Unveils Latest EV Model Under Fang Cheng Bao Lineup: Report

Fang Cheng Bao, the personalized sub-brand of BYD Co., Ltd. (OTC:BYDDY) (OTC:BYDDF), has reportedly released official images of its latest model, the Bao 3, following the disclosure of core specificat

BenzingaJun 14 14:41 ET

In 2023, Chinese auto manufacturers' sales volume exceeded their American counterparts for the first time.

According to a report released on Thursday by research institution Jato Dynamics, China's auto companies sold more cars than their American counterparts for the first time last year, driven by BYD and emerging markets. The data shows that Chinese auto brands, led by BYD based in Shenzhen, sold a total of 13.4 million new cars last year, while American brands sold about 11.9 million. Japanese brands led with 23.59 million in sales. China's auto sales also grew faster than the US, up 23% from the previous year compared to the US's 9%. Felipe Muno, senior analyst at Jato.

環球市場播報Jun 14 10:46 ET

NEV Sales Growth Ahead for China: CAAM

The latest industry data have pointed to a continued rapid growth trend in the production and sales of new energy vehicles in China for May.

China DailyJun 14 04:46 ET

BYD Company (01211) will distribute a final dividend of 3.098 yuan per share on July 29th.

BYD Company (01211) announced that it will distribute a final dividend of RMB 3.098 per share for the fiscal year ending on December 31, 2023 on July 29, 2024.

Zhitong FinanceJun 14 04:40 ET

Report shows that in 2023, China's auto companies' global sales volume has surpassed that of the USA for the first time.

According to a report released on Thursday by research institution Jato Dynamics, driven by BYD and emerging market growth, Chinese automakers' global sales will surpass their US counterparts for the first time in 2023. Data shows that Chinese brands led by BYD sold 13.4 million new cars globally last year, while US brands sold about 11.9 million. Japanese brands led with 23.59 million sales. Chinese automakers' sales growth also exceeded that of the US, with a 23% increase from the previous year, while the US was 9%. Jato's senior analyst Felipe Munoz said in the report:

環球市場播報Jun 14 03:55 ET

China NEV Retail at 180,000 in Jun 1-10, Down 11% From Same Period Last Month

China's NEV penetration at retail was 50 percent in June 1-10, and 40.74 percent year-to-date. The post China NEV retail at 180,000 in Jun 1-10, down 11% from same period last month appeared first on CnEVPost. For more articles, please visit CnEVPost.

CnEVPostJun 13 20:57 ET