Category: BYD (Page 2 of 2)

BYD Auto Co., Ltd. is the automotive subsidiary of the Chinese multinational BYD Co Ltd, headquartered in Xi’an, Shaanxi Province.

BYD has confirmed the details of its new BYD Dolphin EV

2021-11-20 / Robert Vinet

BYD Dolphin

Electric Vehicle Web »

Wolfgang Egger, the former Audi design chief who is now the Global Design Director at BYD, has designed the Dolphin. The little electric hatchback is the first BYD model to adopt the company’s “marine design concepts,” and it premieres a new logo as well. The new Chinese EV features a swoopy but odd-faced front and sporty side and rear structures. The interior has a fluidic and minimalist design theme and a huge central touchscreen in landscape orientation. The cabin has more than 20 storage spaces, and the boot can accommodate four 20-inch cabin bags.

“This is our urban dream. It is a vision. It’s not just a car, but it is a device for future mobility in the city. It’s compact, it’s fresh, individual, and an icon. As you remember, I always say that a car should be defined only by three lines (inaudible). It’s a new architecture for electric mobility, and only these three lines, they define the shape. It’s really unique. It’s an icon. You see once, and you never forget again, can you?”

» Wolfgang Egger, Design Directory, BYD

BYD Dolphin

Six automakers sign the Glasgow Declaration on Zero Emission Cars and Vans and commit to end fossil-fuel vehicles by 2040

2021-11-10 / Robert Vinet

The Glasgow Declaration on Zero Emission Cars and Vans, announced at the COP26 climate summit, includes a commitment to “work towards all sales of new cars and vans being zero emission globally by 2040, and by no later than 2035 in leading markets”.

Ford, General Motors, Geely-owned Volvo, Daimler-owned Mercedes-Benz, BYD, and Tata Motors-owned Jaguar Land Rover all signed the commitment.

Major automakers notably absent include Toyota (unsurprisingly*), Volkswagen, BMW, Renault, Hyundai, Honda, Nissan, and Stellantis.

Toyota Motors is the third most obstructive company in the world, actively lobbying against national climate policies. They are third behind gas and oil giants ExxonMobile and Chevron.

Chinese-owned Sweden-based Volvo has already committed to going fully electric by 2030.

Countries that did sign the declaration include » Austria, Canada, Chile, Croatia, Denmark, Finland, Iceland, Ireland, Lithuania, Netherlands, New Zealand, Norway, Scotland, Slovenia, Sweden, Turkey, the United Kingdom, and Uruguay.

Major auto producing countries notably absent include » China, Germany, Japan, and the United States.

Canadian provinces of British Columbia, and Quebec also committed.

Nearly half of Chinese consumers said they will consider buying an EV for their next car purchase

2021-11-04 / Robert Vinet

BYD

Evelyn Cheng, CNBC »

When it comes to their favorite electric car brand, Chinese consumers’ top choice is Warren Buffett-backed BYD, according to a survey by Bernstein.

Elon Musk’s Tesla ranks second, and third on the list is Germany’s Volkswagen, Bernstein said. The firm cited the latest results from a regular survey of Chinese consumers in the third quarter of the last few years. This year’s survey, released Thursday, covered about 1,600 respondents.

Most of those surveyed lived in China’s larger cities, with an average age of 32 and monthly income of about 19,000 yuan ($2,969), the research firm.
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Sales of new energy vehicles in China surged 148% in September

2021-10-20 / Robert Vinet

BloombergQuint »

Sales of new energy vehicles surged 148% in September, data from the China Association of Automobile Manufacturers showed, spurred by Beijing’s promotion of greener vehicles to cut pollution. The better-than-expected figures have offset worries over supply issues, according to Kelvin Lau, an analyst at Daiwa Capital Markets. “Automakers are expecting a stronger fourth quarter and likely to raise their sales guidances,” he said.

Government support is key for the attractiveness of EV names, particularly in the wake of crackdowns on other sectors. “Policy risk is very low compared to other industries like education, internet or property,” said Toliver Ma, analyst at Guotai Junan Securities Co., who added that Chinese companies that have links to Tesla Inc.,which is trading near a record, may get an added boost.