BYD - Asia Tech Wire

BYD

2024.12.27

20:00

Henan Provincial Development and Reform Commission held a symposium on the development of new energy vehicle industry

On December 25, Wan Zhanwei, member of the Party Leadership Group and deputy director of the Henan Provincial Development and Reform Commission, hosted a symposium on the development of the new energy vehicle industry, and held discussions with 14 new energy vehicle and supporting production companies including BYD Zhengzhou, Yutong Group, SAIC Zhengzhou, AVIC Lithium Battery (Luoyang), and Tianhai Electronics to study and plan key tasks for the development of the new energy vehicle industry. At the symposium, representatives of 14 new energy vehicle companies gave detailed introductions to the production and operation of the companies, the difficulties they faced, and put forward relevant demands and suggestions. Deputy Director Wan Zhanwei reported on the development of new energy vehicles in the province, analyzed the development trend and situation of new energy vehicles in Henan Province, put forward ideas for the development of the new energy vehicle industry next year, and responded to the demands and suggestions of the companies.

17:34

BYD: The board of directors agrees to authorize the company's management to formulate the "Market Value Management System"

BYD announced that the board of directors agreed to authorize the company's management to formulate a "Market Value Management System" and will fulfill its information disclosure obligations in accordance with the requirements of the Shenzhen Stock Exchange.

14:04

BYD wins reputation infringement case against self-media account

Chinese electric car maker BYD announced on Friday that it had won a reputation infringement case and was awarded 2.0187 million yuan in damages.

10:22

BYD launches limited-time discounts again: the second-generation Song Pro DM-i and Qin PLUS EV Honor Edition are as low as 99,800 yuan

BYD announced that from today to January 26, 2025, the second-generation Song Pro DM-i will be sold at a limited-time starting price of 99,800 yuan, and the Qin PLUS EV Honor Edition will be offered at a limited-time discount of 10,000 yuan, with the starting price after the discount also being 99,800 yuan. At the same time, the maximum replacement subsidies for the two models are 24,000 yuan and 25,000 yuan respectively.

2024.12.26

21:51

BYD's Li Yunfei responds to rumors about the Brazilian factory: Deliberately smearing Chinese brands

"This is a complete misunderstanding. There is no restriction on personal freedom by the company."

2024.12.24

17:51

Brazil halts BYD's EV plant construction over alleged labor law violations

Brazil has halted construction of an electric car factory by Chinese company BYD over alleged labor law violations, according to Bloomberg.

11:33

BYD announces the nationwide launch of the upgraded “Eye of God” city navigation function

BYD's high-end intelligent driving assistance system "Eye of God" has officially launched the CNOA function nationwide, realizing intelligent navigation on various roads across the country. This function will be pushed with the OTA of specific models. It is reported that the city navigation function launched nationwide this time is based on the NOA technology, adopts an end-to-end large model architecture, and uses multi-sensor fusion perception to capture and process road environment information in real time, which can realize a variety of driving behaviors such as complex intersections, traffic lights, autonomous overtaking, obstacle avoidance, autonomous merging, etc. This version can also support national roundabouts, automatic entry into waiting areas and other functions that are extremely technically difficult in the industry.

2024.12.20

08:53

BYD Qin family's 2 millionth new car officially rolls off the assembly line

On December 20, Lu Tian, general manager of BYD Dynasty Online Sales Division, announced on Weibo that the 2 millionth new car in the BYD Qin family officially rolled off the assembly line.

08:29

BYD opens first flagship store in Kuwait

According to BYD, on December 15, 2024, BYD and the well-known local dealer Alghanim Industries jointly held the opening ceremony of BYD's first flagship store in Kuwait.

2024.12.19

07:16

Seizing the new blue ocean, car companies are cross-borderly deploying the robot track

Recently, a recruitment notice from BYD's embodied intelligence research team has attracted widespread attention in the market. It is reported that the team has developed process robots, intelligent collaborative robots, intelligent mobile robots, humanoid robots and other products. According to incomplete statistics, BYD, Tesla, GAC Group, Xiaopeng Motors, Chery Automobile and many other car companies have already laid out the new blue ocean of robots. According to institutional data, by 2050, the global humanoid robot market is expected to reach 7 trillion US dollars, and the number of humanoid robots in the world will reach 648 million.

2024.12.18

21:10

BYD Auto Finance Co., Ltd. was fined 300,000 yuan by the Shaanxi Regulatory Bureau of the State Financial Supervision and Administration Administration for inadequate management of related transactions.

21:09

BYD Auto Finance was fined 300,000 yuan for inadequate management of related-party transactions

Administrative penalty information from the Shaanxi Regulatory Bureau of the State Financial Supervision and Administration Bureau shows that BYD Auto Finance Co., Ltd. was fined 300,000 yuan for inadequate management of related transactions.

2024.12.17

19:41

BYD becomes official partner of 2025 European U-21 Championship

BYD Auto's official Weibo account reported on December 17 that BYD officially announced that it would become the official partner of the 2025 European Under-21 Football Championship, joining hands with the Union of European Football Associations again after the 2024 European Cup to promote global green transformation. BYD became the first new energy vehicle brand to cooperate with the European Cup and the European Under-21 Championship, and also the first Chinese automaker to cooperate with UEFA.

15:02

A-share closing review: Shanghai Composite Index closed down 0.73%, with nearly 4,800 stocks falling across the market

The three major A-share indexes closed down collectively today. As of the close, the Shanghai Composite Index fell 0.73%, the Shenzhen Component Index fell 0.35%, the ChiNext Index fell 0.02%, the Beijing Stock Exchange 50 Index fell 3.22%, and the Micro-cap Index fell 5.70%. The total market turnover was 1,525.2 billion yuan, a decrease of 191.7 billion yuan from the previous day. Nearly 4,800 stocks in the entire market were in the red. In terms of sector themes, football concepts, automobile complete vehicles, and liquor sectors led the gains; education, film and television theaters, and consumer sectors led the declines. On the market, high-priced stocks collectively plummeted, among which consumer, AI application end, robots and other previous leading hot spots led the decline. Among them, Changbaishan, Yiming Food, Huifa Food, Dalian Shengya, Jianshe Industry, Aofei Entertainment, Xi'an Catering, and Julun Intelligence fell to the limit, and Yibin Paper, Sanwei Communication, and Gravity Media staged the ceiling and floor during the session. Football concepts led the gains, Shuangxiang Shares, Guangdong Media, and Gongchuang Lawn rose to the limit, and Jinling Sports rose by more than 10%. Heavyweight stocks strengthened, ZTE Corporation once hit the daily limit, followed by CATL, BYD, Foxconn Industrial Internet and others.

14:16

BYD selects six Korean companies as local distributors

BYD Korea said on Tuesday that it has selected six Korean companies to serve as BYD dealers in South Korea.

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