Articles Tagged with "BYD"

BYD to launch next-generation BEV platform next year
BYD to launch next-generation BEV platform next year

Chinese automaker BYD is working on pre-research of the next-generation all-electric vehicle platform boasting high performance and great safety, according to a local media outlet, citing Lian Yubo, senior vice president of BYD Company Limited.

Oct. 28 , 2020
BYD, Hino ink agreement to build JV for all-electric CV development
BYD, Hino ink agreement to build JV for all-electric CV development

BYD Auto Industry Company Limited, a subsidiary of BYD Company Limited, entered into a joint venture agreement with Hino Motors, Ltd. (Hino) on October 21 to set up a new company for the development of battery electric commercial vehicles.

Oct. 21 , 2020
BYD purchases 6.93% stake in chipset developer Allystar
BYD purchases 6.93% stake in chipset developer Allystar

BYD Company Limited (BYD) has acquired 6.93% equity stake in Allystar Technology (Shenzhen) Co.,Ltd., becoming one of the five shareholders newly added on October 15 to the latter’s investor lineup.

Oct. 19 , 2020
BYD logs 14.29% year-on-year jump in first-half net profit
BYD logs 14.29% year-on-year jump in first-half net profit

BYD Company Limited (BYD) announced that its 2020’s first-half revenue slid 2.7% from a year ago to 60.503 billion yuan, while the net profit attributable to shareholders jumped 14.29% year on year to roughly 1.662 billion yuan.

Aug. 31 , 2020
BYD, Ansteel forge strategic partnership for R&D of lightweight, monorail tech, steel supply
BYD, Ansteel forge strategic partnership for R&D of lightweight, monorail tech, steel supply

On August 11, BYD forged a strategic partnership with Ansteel to cooperate on the technical R&D of NEV-related lightweight and reinforcement, and the development and application of environment-friendly and new materials.

Aug. 12 , 2020
BYD achieves 2020’s first-time YoY sales growth
BYD achieves 2020’s first-time YoY sales growth

BYD Company Limited (BYD) said it sold 31,382 new vehicles in July, which were up by 1.28% compared with the prior-year period. It is noteworthy that the slight growth was the first-time increase BYD gained this year.

Aug. 7 , 2020