BYD Drops Malaysia Plant Plan, Turns to Local Assembly Partner
BYD cancels its Malaysian assembly plant plans, shifting to contract manufacturing while maintaining local production ambitions.
Latest in EV news, technologies, data and insights from China market
BYD cancels its Malaysian assembly plant plans, shifting to contract manufacturing while maintaining local production ambitions.
Global electric vehicle sales reached 1.83 million in August, with divergent regional trends impacting growth, notably in China, Europe, and North America.
Suspected third-generation BYD Han spy shots suggest new lights, semi-hidden handles and a revised dashboard. BYD has not confirmed a launch date.
FinDreams Battery and Changsha Fusheng plan Blade Battery solutions for industrial, mining and shunting rail vehicles, with certification work ahead.
All 10 of China’s best-selling passenger car models by retail sales in August were battery-electric vehicles (BEVs), with no ICE…
BYD targets 1.9-2 million overseas sales in 2026 and over 2.5 million in 2027, with shipping capacity and battery supply limiting growth.
BYD’s FinDreams Battery and Zero Carbon Engine signed a cooperation agreement to enhance energy, transportation, and mining projects in Mongolia.
Denza plans a new Z9 GT e3 EV variant for September 9. A smaller battery could reduce weight and price, but specifications remain unconfirmed.
Global EV battery usage rose 20.4% to 725.2 GWh in 2023, dominated by Chinese suppliers like CATL and BYD.
In August, UK new-car registrations grew 13.7% YoY, driven by electrified vehicles, while gasoline registrations declined 3.5%.