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BYDโs rise is nothing short of extraordinary. Once a small battery manufacturer, it now leads the global EV revolution, outpacing Tesla in China and expanding worldwide. Founded in 1995, BYD entered the auto industry in 2003 by acquiring the struggling Xiโan Qinchuan Automobile. Instead of traditional manufacturing, founder Wang Chuanfu leveraged BYDโs battery expertise to push electric vehicles. Their early models, like the F3 (a Toyota Corolla lookalike), gained traction, but the company was criticized for reverse engineering. BYD's first plug-in hybrid, the F3 DM, debuted in 2008 but failed commercially. The fully electric E6 followed in 2009, but instead of retail sales, it found success as a fleet vehicle. By 2010, rapid expansion led to growing pains, with overextended dealerships and quality concerns. A course correction focused on quality and brand strength. BYD shifted gears in the 2010s, expanding into electric buses, launching the Dynasty Series in 2013, and forming a short-lived joint venture with Daimler. Government subsidies fueled growth, but when they were cut in 2017, BYD struggled. By 2019, survival became the priority. Then came the turnaround. Between 2020 and 2023, BYD sales skyrocketed from 427,000 to 3 million units, fueled by innovation, strategic investments, and soaring global EV demand. By 2023, BYD had overtaken many competitors, committed to an all-electric future, and ceased producing pure gasoline cars. BYD hit major milestones: 5 million EVs produced by 2023 and 10 million by 2024, becoming the worldโs first automaker to reach that number. It expanded exports, launched its own auto insurance, and built roll-on/roll-off cargo ships to transport vehicles globally. However, challenges remain. High EV costs still deter many buyers, and competition is fierce. But as battery prices drop and global demand rises, BYD is positioned to lead the EV revolution.
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BYD Crosses 13 Million EV Sales, Surpasses Tesla in 2025 โก A new global milestone has been set โ BYD has officially become the first automaker to sell over 13 million electric vehicles, overtaking Tesla in global EV sales this year. What does this m
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๐๐ฌ๐ ๐ถ๐๐ป'๐ ๐ท๐๐๐ ๐ฏ๐ฒ๐ฎ๐๐ถ๐ป๐ด ๐ง๐ฒ๐๐น๐ฎ - ๐ถ๐'๐ ๐ต๐๐บ๐ถ๐น๐ถ๐ฎ๐๐ถ๐ป๐ด ๐๐ต๐ฒ๐บ: โข Sold 4 Million EVs in 2024 (Twice that of Tesla) โข Tesla, Ford, and Toyota fight over its batteries โข Warren Buffett invested $232M for a 10% stake How
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Ampere Nexus Now Comes with 5-Year / 75,000 Km Battery Warranty Greaves Electric Mobility has upgraded its flagship electric scooter, the Ampere Nexus, with a new 5-year or 75,000 km battery warranty, setting a new benchmark for long-term EV reliab
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๐โก Tesla vs. BYD: The EV War Is Getting Intense! โก๐ ๐ Latest 2024 Numbers: ๐ Tesla: 1.79M all-electric cars delivered! Still leading, but... ๐ โก BYD: 1.76M EVs sold! The gap is closing FAST! โณ Total Vehicle Sales? ๐ Tesla: Only BEVs! ๐ BYD:
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How BYD Is Killing Tesla in Its Own Game It was 2011, and in a Bloomberg interview, The interviewer asked Elon, โWhat do you think about BYD?โ. Upon hearing the name, Elon started laughing and responded, โDo you think they are our competitors? Have
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From India to Africa: SUN Mobility Scales Global Battery Swapping SUN Mobility is set to build Africaโs largest EV battery-swapping network, backed by a $135 million investment led by Vitol. The rollout begins in Kenya and will expand across the co
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BluSmart is an Indian electric ride-hailing and charging infrastructure company, focusing on sustainable urban mobility. Launched in 2019, it operates a fleet of electric vehicles (EVs), offering a green alternative to traditional ride-hailing servic
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