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  • 3 weeks ago | cnevpost.com | BYD South Korea |BYD Global |Phate Zhang

    BYD will increase its sales network in South Korea from 15 to 30 by the end of this year. BYD introduced its Seal midsize sedan at a South Korean auto show. BYD (HKG: 1211, OTCMKTS: BYDDY) plans to up its bet on the South Korean market after officially entering the market, which is dominated by local brands including Hyundai, earlier this year.

  • 1 month ago | cnevpost.com | BYD Mexico |BYD plant |BYD Global |Phate Zhang

    Chinese authorities are concerned that Mexico would gain unrestricted access to BYD's advanced technology and know-how and may even possibly allow the US access to it, according to the Financial Times. Domestic automakers would need approval from China's Ministry of Commerce to produce overseas, which it has yet to grant.

  • 2 months ago | cnevpost.com | BYD Global |Phate Zhang

    JPMorgan believes that BYD will probably become the "Toyota" of the global EV market. The bank's analysts expect BYD's sales in 2025 to grow about 30 percent from 2024 to 5.5 million units. Analysts at JPMorgan have raised their sales estimates for BYD (HKG: 1211, OTCMKTS: BYDDY), saying the Chinese company will probably become the "Toyota" of the global electric vehicle (EV) market.

  • 2 months ago | cnevpost.com | BYD Brazil |BYD Global |Phate Zhang

    BYD acquired mining rights to two plots of land in a lithium-rich part of Brazil in 2023, Reuters reported. BYD's mineral rights are located in the Jequitinhonha Valley, known as Brazil's lithium valley. BYD (HKG: 1211, OTCMKTS: BYDDY) has acquired mining rights for two plots of land in a lithium-rich part of Brazil in 2023, entering the mining business in its largest market outside China, according to a Reuters report today.

  • Jan 23, 2025 | cnevpost.com | BYD Global |BYD Singapore |Phate Zhang

    BYD sold 6,191 cars in Singapore in 2024, higher than Toyota's 5,736 and Tesla's 2,384. BYD's share of the Singapore car market was 14.39 percent in 2024. BYD (HKG: 1211, OTCMKTS: BYDDY) has become the top-selling carmaker in Singapore in 2024, ahead of auto giants including Toyota and Tesla (NASDAQ: TSLA). The Chinese new energy-vehicle (NEV) maker sold 6,191 vehicles in Singapore in 2024, the highest in the city-state, according to data from the Singapore Land Transport Authority.

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