BYD’s recent discounts on selected models have intensified competition in China’s electric car market, raising concerns about the domestic economy and global auto industry implications
China’s electric vehicle market surges to unprecedented heights, with EVs accounting for 52.3% of new car sales in April, signaling a rapid transition away from internal combustion engines in the world’s largest automotive market.
Saudi Aramco and BYD announce partnership to develop new-energy vehicle technologies, marking the oil giant’s latest move to diversify its energy portfolio and reduce carbon footprint