Other than eclipsing Tesla, BYD is steadily expanding its footprints in Thailand, the nation with the largest automotive market share in Southeast Asia.
Not only Tesla has been dethroned as the world’s best selling electric vehicle (EV) manufacturer by BYD, other Asian nations are further pushing Tesla down the scoreboard.
Elon Musk’s Tesla has been toppled as the world’s best-selling electric vehicle manufacturer after it was overtaken by China’s BYD.
Apple is allocating product development resources for iPad to Vietnam, Nikkei reported, citing sources briefed on the matter.
He was Warren Buffet’s longtime partner at Berkshire Hathaway, and also the man who pushed his friend to invest in BYD, which became an EV household name in China and globally.
The Thai government hopes to maintain the upward trajectory of EV sales while reducing pressure on its budget. Will Thai EV market be able to fly on its own after shaving subsidies?
AYALA Corporation inked the deal as the new official distributor of BYD vehicles in the Philippines as reported by Manila Times. EV owners can expect more BYD charging stations in both public (malls) and private (condominiums, residential developments) properties that are owned and managed by Ayala Corp. and its subsidiaries.
Singaporean electric scooter company Scorpio Electric has contracted China’s BYD group to assemble its first product, the X1, in Shenzhen.
While the industry at large can see the wave in electric vehicles (EV) coming from China, it has not fully detached itself from the stigma of inferior quality in spite of its rapid technological advancements. How would China overcome their “good enough” reputation?