BYD
BYD is engaged in the research, development, manufacture, and distribution of automobiles, secondary rechargeable batteries and more.
BYD, founded in February, 1995 and headquartered in Shenzhen, is a Chinese car company. The founder is Wang Chuanfu. Listed on the SZSE on June 30, 2011, the company's major shareholders are HKSCC Nominees Ltd, Wang Chuanfu and Lu Xiangyang. Rivals that have direct and indirect competition with BYD include SAIC, BAIC, GM, Toyota, etc.
Thailand Promotes BEV Industry, Chinese Brands Accelerate Production
Mar 19, 2024 04:17 PM
BYD continues to inject capital into Brazil, with investment increasing by 80%
On March 18, BYD said that investment in Brazilian electric vehicle factories would increase from the previously announced 3 billion reais to 5.5 billion reais (approximately US$1.1 billion), an increase of approximately 80%, to speed up the construction of the Brazilian factory.
Mar 19, 2024 01:56 PM
U.S. electric car maker Rivian announces 10% layoffs
On February 21, while releasing its fourth-quarter financial report, the American electric vehicle manufacturer Rivian(Rivian Automotive, Inc.) announced that it would suffer a loss of US$5.4 billion in 2023 and plan to lay off 10% of its employees.
Feb 22, 2024 12:45 PM