Archive for the ‘BYD Auto’ category
BYD’s all singing all dancing G6 to hit the market soon with 1.5T under the hood
The BYD F6 was BYD’s first large size sedan and one of the first modern Chinese made sedans in its segment at the time, the F6 did achieve some good sales but it was a little rough around the edges. The F6 has now moved up the alphabet a few notches and has become the [...]
BYD’s profit sinks along with its sales figures
From WSJ: Chinese battery and car maker BYDCo. said its first-half profit plunged 89%, hurt by intensified competition and the end of government subsidies for car buyers. BYD said Monday that its net profit fell to 275.4 million yuan ($43.1 million) from 2.42 billion yuan a year earlier. Revenue fell 11% to 22.54 billion yuan. [...]
Hertz Rental Starts adds BYD E6 to its fleet
Hertz Rental has added the BYD E6 to its fleet marking the first time that the global car rental company has added a New Energy Vehicle (NEV) to its fleet of cars in China. The E6 will initially be available in the Shenzhen area, close to BYD’s HQ, but is expected to role out across [...]
BYD’s Xia Zhi Bing leaves
BYD announced on August 6th that the board had received the written resignation from the company’s vice president and general sales manager Xia Zhibing on August 5th. Xia’s resignation is due to personal reasons, and he would not hold any other positions in BYD after resignation. According to the concerned rules for listed companies, Xia’s [...]
BYD-Daimler’s first car hits the patent office
BYD and Daimler signed a joint venture several months ago with plans to build a new brand which would utilize BYD’s electrical know how and Daimler’s automotive engineering skills and would focus solely on building new energy cars. The two have pushed a design to the Chinese patent board which of course was leaked in [...]
BYD’s Nissan NV200 look-a-like
The Nissan NV200 is Nissan’s compact van for the world market, it is made in China under the Nissan-Zhengzhou joint venture and appears to be selling quite well, the other Nissan NV200 appears to be BYD’s latest MPV which they have named the C6. Chinese media sources were quick to pull the C6 from China’s [...]
BYD’s Electric Bus, the K9, in pictures
With BYD being a privately owned company they are very fast to turn their ideas from drawing board fiction into reality at a fairly rapid speed, where as if a state owned company attempted to do half of what BYD have achieved in the past five years then they would be no doubt mired in [...]
BYD F3 facelift model shown to the ‘net ahead of time
BYD’s sales figures have gone south for yet another month, and it appears that one why plan to counter the sales nose dive is with an improved F3. The F3 was China’s best selling car at one point, but it did get old fast. BYD later introduced the L3 and G3 models which were further [...]
BYD stocks drop as car loan deal fails
From China.org Shares of BYD Co fell 3.16 percent on Hong Kong Stock Exchange yesterday after its car loan joint venture collapsed. BYD, backed by billionaire Warren Buffett, said its French partner Compagine Generale de Location d’Equipements decided to dissolve the joint venture due to concerns about increasing risks in China’s automobile market, according to [...]
BYD’s Chinese IPO started today, share prices may drop below opening
From Xinhua, scroll down for latest reports: Investors started on Tuesday to subscribe to new shares of BYD Co. Ltd., the Chinese car maker backed by U.S. billionaire investor Warren Buffett, after the company set its Shenzhen share offering price at 18 yuan (2.8 U.S. dollars) per share a day before. The company, which already [...]
Big difference between posted sales results and registration reflects BYD’s anxiety
BYD’s posted sales results for Jan-Apr are 31,233 units more than the vehicle registration in the period. It has been an open secret that BYD always posts higher sales than vehicle registration. If the posted sales results are true, it means BYD’s dealers are suffering heavy inventory pressure. According to BYD’s sales report, its sales [...]
BYD suspends minivan project due to lack of capital
BYD have suspended production of their minivan range before it has even begun according to media reports which cite a lack of investment as a major reason. In August 2008 BYD bought Changsha based Midea bus company with a plan to make electric buses and invest 3 billion RMB into the factory. In the last [...]
BYD releases EV taxi testing results
From Hybrid Miles: Chinese automaker BYD Auto initiated a fleet-scale test of plug-in vehicles in April 2010. This testing process included 50 BYD e6 taxis in Shenzhen as well as a handful of F3DMs used by the Housing Authority of Los Angeles. Representatives from BYD Auto announced initial test results from these plug-in fleets a [...]
BYD S6 SUV pricing officially annnounced
The BYD S6 SUV is the first SUV product from Shenzhen based BYD, the S6 was shown at the Guangzhou Auto Show in late 2010 but had its official launch at the Shanghai Auto Show last month and pricing announced last week. The S6 is priced to win, its impressive size and features list are [...]
BYD and Daimler to annouce first car within the year
BYD and Daimler set to work late last year on a new joint venture that will see the two companies working together in a 50:50 partnership on a new range of electric vehicles. Both companies have brought their best ideas to the table with Mercedes bringing design and engineering ability whilst BYD has brought its [...]
The long awaited BYD E6 Review
This review was written by Mark Andrews, a well accomplished automotive journalist based in Shanghai China. You can read many of his other reviews on his personal website. For many, electric vehicles evoke memories of milk floats, mobility scooters, or even the ill-fated Sinclair C5. This is changing thanks to companies such as Tesla. Nonetheless, [...]
BYD sales down in March, Xi’an factory construction to continue
BYD have had some good news and bad news in March, putting the good news first is that Xi’an City Government have returned the land confiscated by them to BYD this week. The land was confiscated when BYD attempted to build on it, the land was originally set aside for agricultural use but they have [...]
What’s in store for BYD at the Shanghai Auto Show?
BYD are in a state, the massive growth that they saw in 2008 and 2009 quickly turned into massive problems for them in 2010. They expanded their dealership network too fast and put too much pressure on the dealers to make sales, plus they set up different dealership networks meaning that some dealers were stuck [...]
BYD S6 to launch at Shanghai Auto Show
The BYD S6 SUV was first on show at the Beijing Auto Show in April 2010, but now it is going to see its official launch at the Shanghai Auto Show next month. The S6 will be BYD’s first SUV and is part of the company’s plan to push the brand into new segments, their [...]
BYD launches 2011 series
BYD announced on March 18 that it would launch 2011 models for its whole lineup, including L3, M6, G3, F6, F3, F3R, and F0. The prices of them are not changed. The new models had arrived at dealerships before March 18. According to BYD, its product lineup is totally anew after the upgrade. The major [...]
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