BYD

BYD’s planned electric-vehicle manufacturing complex in Szeged, Hungary, which represents the Chinese automaker’s first passenger-vehicle production base in Europe and a US$4.5 billion investment, is the subject of a new investigation that documents widespread labor rights violations affecting Chinese migrant workers employed through the project’s subcontracting network. China Labor Watch, a New York-based labor rights … Read more

Chinese automaker BYD is planning to enter Japan’s kei car segment with a fully electric vehicle tailored specifically for the local market, according to multiple reports and company insiders. The move marks a strategic first for BYD, which has previously exported China-designed models to international markets but has not developed a vehicle exclusively for a … Read more

Saudi Aramco has signed a joint development agreement with Chinese electric vehicle manufacturer BYD to explore potential collaboration on new energy vehicle technologies, the company announced on April 21. The agreement was signed through the Saudi Aramco Technologies Company, a subsidiary of Aramco. The goal of the partnership is to improve vehicle efficiency and environmental … Read more

Chinese electric vehicle manufacturer BYD plans to more than double its overseas sales to over 800,000 units in 2025, up from 417,204 vehicles sold internationally in 2024. To achieve this, BYD intends to assemble vehicles locally in various markets to mitigate the impact of tariffs. The company is focusing on expanding its presence in the … Read more

Chinese automaker BYD reported annual revenue of 777 billion yuan (approximately $107 billion) for 2024, a 29% increase from the previous year. The rise was attributed in part to strong sales of hybrid vehicles. The total surpassed Tesla’s reported 2024 revenue of $97.7 billion. In a company filing released Monday, BYD Chairman and President Wang … Read more