Tag: BYD

  • BYD Introduces 5-Minute EV Charging Stations in Europe

    BYD Introduces 5-Minute EV Charging Stations in Europe

    Key Takeaways

    1. BYD’s new flash charging technology significantly reduces charging time for EVs, benefiting both new and older models.
    2. The company will introduce 5-minute charging stations across Europe within the next year, starting from its dealerships.
    3. The innovative 1000-volt technology aims to make EV charging as quick as gas refueling, enhancing driver confidence in electric vehicles.
    4. BYD is experiencing rapid sales growth in Europe, increasing by about 10 percent each month, as it competes with Tesla.
    5. Plans for a manufacturing site, R&D facilities, and regional headquarters in Hungary are underway to strengthen BYD’s presence in the European market.

    Chinese electric vehicle (EV) owners are set to enjoy quicker charging times, allowing them to spend more time on the road, thanks to BYD’s new flash charging technology. This innovation from the Chinese car manufacturer is making its way to Europe, where the company’s sales are rapidly increasing.

    Exciting Announcement in Brussels

    During an event in Brussels, BYD’s VP, Stella Li, announced that the advantages of ultra-rapid charging could also benefit older EV models, which will require around 30 percent less time for a full charge. This is a significant development for EV users looking to maximize their driving experience.

    Upcoming Charger Rollout

    In the next year, BYD plans to introduce its new 5-minute charging stations across Europe, starting from its dealerships. The company is already in talks with local partners to help speed up this rollout, making it easier for drivers to access these fast chargers.

    The innovative 1000-volt flash charging technology aims to make the EV charging experience as quick as refueling at traditional gas stations. Li described this advancement as a potential breakthrough that could enhance drivers’ trust in electric vehicles. Following a launch in March, BYD has already begun the installation of these chargers in China.

    Competing for Market Leadership

    BYD is striving to take the lead in the European EV market, competing directly with Tesla. Li noted that sales growth in the region is about 10 percent each month. To bolster its presence, BYD is planning to establish a manufacturing site, research and development facilities, and new regional headquarters in Hungary. The firm is dedicated to manufacturing in Europe to better serve the local market.

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  • BYD Sued in Brazil for Alleged Slave Labor at EV Plant

    BYD Sued in Brazil for Alleged Slave Labor at EV Plant

    Key Takeaways

    1. The Public Labour Prosecutor’s Office (MPT) has filed a civil lawsuit against BYD and two contractors due to labor law violations involving 220 Chinese workers in Brazil.

    2. Workers were found living in cramped, unhealthy conditions, with reports of lack of mattresses, withheld passports, and illegal contract terms.

    3. The MPT is seeking R$257 million (approximately US$51.5 million) in damages, leading to a halt in construction at the Camacari plant.

    4. The lawsuit threatens BYD’s global reputation and expansion plans in Latin America, as it was meant to be their first EV manufacturing site outside Asia.

    5. Brazilian laws define “slavery-like conditions” broadly, which may lead BYD to reconsider its operations amidst increasing scrutiny of its labor practices.

    The Public Labour Prosecutor’s Office (MPT) has initiated a civil lawsuit against BYD along with two of its contractors over the construction of a new electric vehicle plant in Camacari, Brazil. Reports reveal that 220 Chinese workers were found to be living and working under conditions that breach Brazilian labor laws, with prosecutors stating these situations were “similar to slavery”.

    Investigation Findings

    The inquiry commenced following an anonymous report, which unveiled cramped living spaces, unhealthy housing, and exploitative workplace conditions. Official documents indicate that many workers slept without mattresses, their passports were allegedly taken away, and their contracts included illegal terms. Witnesses noted that they worked excessively long hours without any day off for an entire week, with 60 to 70 percent of their earnings being withheld.

    Compensation Demands

    The MPT is demanding R$257 million (around US$51.5 million) in damages from the involved companies. Construction at the Camacari plant was halted in late 2023 due to these alarming findings. BYD, which has asserted its “zero tolerance for human rights and labor law violations,” had not provided a response to the lawsuit at the time this article was written.

    Impact on Expansion Plans

    This facility was intended to be BYD’s first manufacturing site for electric vehicles outside Asia and a key part of its growth strategy in Latin America. The lawsuit poses a significant threat to the company’s global reputation and expansion plans. The timing is particularly noteworthy, as BYD is in direct competition with Tesla and other electric vehicle manufacturers for market dominance, having recently surpassed Tesla in European EV sales this year.

    Brazilian legislation classifies “slavery-like conditions” not just as forced labor but also includes debt bondage, degrading living situations, and breaches of human dignity. The ongoing legal battle might prompt BYD to rethink its operations in the area and attract global scrutiny towards its labor practices abroad.

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    BYD Sued in Brazil for Alleged Slave Labor at EV Plant

     

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  • Tesla Sales Drop 49% in Europe Amid Growing EV Market

    Tesla Sales Drop 49% in Europe Amid Growing EV Market

    Key Takeaways

    1. Tesla’s new car registrations in Europe decreased by 50% in April 2024, despite overall electric vehicle sales increasing by 27.8%.
    2. Tesla’s sales have been declining for several months, with drops of 50%, 47%, and 36% in January, February, and March, respectively.
    3. Chinese electric vehicle manufacturers, like BYD and SAIC Motor, have benefited from Tesla’s decline, gaining market share and surpassing Tesla in sales.
    4. Tesla’s market share in Europe fell to 0.7% in April 2024, down from 1.3% the previous year.
    5. The launch of a new Model Y in April did not significantly improve Tesla’s sales, and CEO Elon Musk faces criticism due to his political ties.

    According to recent information, Tesla has yet to change its slow start in Europe this year. The European Automobile Manufacturers Association (ACEA) stated that the American company’s new car registrations fell by 50% in April, even though electric vehicle (EV) sales in the region saw a significant increase.

    Sales Trends

    While the total car sales only declined by 0.3 percent, EVs actually improved by 27.8 percent compared to April 2024. In contrast, Tesla’s situation was quite different, as it experienced a 49 percent drop in car sales. This negative trend had been ongoing, with the company’s sales reducing by 50 percent, 47 percent, and 36 percent in January, February, and March respectively.

    Competition from Chinese Brands

    The decline in Tesla’s sales was taken advantage of by Chinese electric vehicle manufacturers, who gained ground due to their competitive pricing. For example, BYD surpassed Tesla in Europe in April, as per data from JATA Dynamics. Additionally, ACEA indicated that SAIC Motor sold more cars than Tesla, achieving a 24.5 percent increase. Consequently, Tesla’s market share has fallen to 0.7 percent, down from 1.3 percent in April 2024.

    New Model Launch

    In April, Tesla launched a new iteration of its popular Model Y in Europe, but this effort did not suffice to boost sales back to prior levels. The company is also dealing with criticism stemming from CEO Elon Musk’s close ties to the current U.S. government. Nevertheless, Musk has declared his intention to spend less time on governmental matters, focusing instead on Tesla and his other businesses.

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  • Chinese EV Maker Joins Price War with Discounts After BYD

    Chinese EV Maker Joins Price War with Discounts After BYD

    Key Takeaways

    1. Geely Galaxy has introduced discounts of up to 18% on electric vehicles in response to BYD’s recent price cuts.
    2. Popular models like the Xingyuan, E5, E8, and L7 EM-i are included in the discount offer, with reductions ranging from RMB 9,000 to RMB 28,000.
    3. The discounts are available until June 1 and apply to a total of seven different models.
    4. The price competition began after BYD reduced prices by up to 34%, prompting other manufacturers like Leapmotor to follow suit.
    5. While consumers benefit from lower prices, the stock values of EV manufacturers have declined on the Hong Kong stock exchange due to pricing strategies.

    EV manufacturer Geely Galaxy has entered the recent price competition for electric vehicles in China. In reaction to the price cuts made by BYD just a few days ago, the company is now providing discounts of up to 18 percent.

    Discounts On Popular Models

    Consumers can receive a discount of RMB 9,000 ($1,250) on the compact Xingyuan, which represents an 11.28 percent reduction from the original price of RMB 68,800. Additionally, buyers can benefit from an extra RMB 3,000 off through Geely Galaxy’s trade-in program and a further RMB 20,000 from the Chinese government.

    Other vehicles that are also part of this discount offer include the E5, now priced at RMB 89,800, reduced from RMB 107,800; the E8, which will be available for RMB 134,800, down from RMB 149,800; and the L7 EM-i, now selling for RMB 99,800, down from RMB 125,800.

    Limited Time Offers

    Geely Galaxy’s promotions are valid until June 1, and they apply to a total of seven different models.

    Last week, BYD ignited a new round of price cuts by reducing the prices of two of its product lines by as much as 34 percent, not including government incentives. Analysts quickly saw their predictions of a price war come true when Leapmotor dropped its base model C16 hybrid SUV’s price by 28.24 percent, effective until June 8.

    Consumer Benefits and Market Impact

    Chinese consumers are the true beneficiaries as electric vehicle manufacturers compete to offer discounts to maintain their market position. Nonetheless, both BYD and its rivals are facing a different consequence; their stock values have decreased on the Hong Kong stock exchange as a result of this pricing strategy.

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  • BYD Tops Tesla Sales in Europe as Vet Crushes Model 3 with Tank

    BYD Tops Tesla Sales in Europe as Vet Crushes Model 3 with Tank

    Key Takeaways

    1. Tesla’s deliveries in Europe have significantly declined, with a 46% drop in Germany and 62% in the UK compared to last year.
    2. Despite overall electric vehicle sales rising by 28% in Europe, Tesla’s market share has fallen, even in strong markets like Norway.
    3. BYD has experienced remarkable growth, with a 750% increase in sales in Germany and over 300% in the UK, surpassing Tesla for two consecutive quarters.
    4. Consumer perception of Tesla is changing, as BYD’s sales figures nearly match Tesla’s in the UK, signaling a shift in preference.
    5. A unique stunt involving a WWII veteran driving a tank over a Tesla Model 3 highlights the declining brand image and market position of Tesla.

    The forecast that BYD will outsell Tesla in electric cars this year appears to be becoming a reality.

    Declining Tesla Shipments

    In Europe, Tesla’s deliveries have hit a several-year low, particularly in key markets like Germany and the UK, even as overall electric vehicle sales are booming. In the first quarter, Tesla attributed this trend to seasonal factors and suggested that demand might be delayed due to the staggered release of their new Model Y and necessary factory shutdowns for updates.

    Now, with Tesla’s sales dropping by 46% in Germany compared to last April and a staggering 62% decline in the UK, that reasoning seems to be losing credibility. Sweden experienced an 80% fall in Tesla sales, France saw a 59% drop, and Spain faced a 36% decrease. Even in Norway, a stronghold for electric vehicles in Europe, Tesla’s share has fallen from 18% to 11%.

    BYD’s Remarkable Growth

    This decline occurs alongside a 28% rise in EV sales across Europe, with VW and BYD making notable gains. BYD’s sales in Germany skyrocketed by 750% compared to last April, despite facing a 10% general import tariff and a 17% specific tariff imposed by the EU. BYD has now surpassed Tesla in electric car sales for two consecutive quarters and is on track to potentially achieve its first full year as the leading electric car manufacturer globally by 2025.

    In the UK, BYD achieved an impressive over 300% increase in sales year-on-year last month, nearly matching Tesla’s sales figures, indicating a significant change in consumer perception of the Tesla brand.

    A Unique Stunt

    To emphasize this shift, a 98-year-old WWII veteran drove a Sherman tank over a Tesla Model 3. The spectacle involved the tank crushing the Tesla’s windshield, flattening its roof and pillars while climbing over the vehicle.

    Interestingly, the Model 3 didn’t end up entirely destroyed by the 30-ton war machine, but it was amusingly converted into a convertible, if only for a brief moment during the tank’s passage.

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  • BYD Shenzhen’s Maiden Voyage to Brazil with 7,000 Electric Cars

    BYD Shenzhen’s Maiden Voyage to Brazil with 7,000 Electric Cars

    Key Takeaways

    1. BYD’s latest car carrier, Shenzhen, is on its way to Brazil with over 7,000 vehicles on board and is set to arrive at Itajai Port in about 30 days.
    2. Shenzhen is the largest car transporter in the world, capable of carrying 9,200 vehicles and equivalent in size to 20 soccer fields.
    3. The ship is named after the Chinese city of Shenzhen, a key production center for BYD, and features 16 decks.
    4. BYD currently operates four car carriers and is expanding its fleet to enhance vehicle export logistics and compete with Tesla.
    5. The automaker is preparing to launch its fifth vessel, the Changsha, with the same capacity as Shenzhen, and has introduced a sixth ship named Xian, with pending details.

    BYD has sent its latest car carrier, named Shenzhen, to Brazil, carrying over 7,000 vehicles on board. The official handover to the carmaker took place on April 22, 2025. The ship is expected to arrive at Itajai Port in about 30 days.

    Impressive Size

    This vessel is recognized as the largest car transporter worldwide, though it wasn’t fully loaded when it departed on April 27 from Taicang, Jiangsu province in China. It has the capacity to hold 9,200 vehicles, and its cargo hold is equivalent to 20 standard soccer fields.

    Named After a City

    In line with BYD’s tradition of naming ships, Shenzhen is named after the Chinese city which is a key production center for the automaker. The ship measures 219.9 meters in length and 37.7 meters in height, featuring a total of 16 decks.

    Expanding the Fleet

    Currently, BYD operates four car carriers as it seeks to broaden its global reach and compete with Tesla. The company aims to enhance the efficiency of vehicle export logistics by managing operations internally. Other ships in the BYD fleet include the Explorer No. 1 (owned by a different company), the Hefei with a capacity for 7,000 cars, and the Changzhou.

    BYD is preparing to launch its fifth vessel, the Changsha, which will have the same capacity as the Shenzhen. Additionally, the automaker has introduced the sixth ship, named Xian, but details about its specifications are still pending.

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  • BYD Unveils First Electric Cars with 1-Megawatt Charging Tech April 9

    BYD Unveils First Electric Cars with 1-Megawatt Charging Tech April 9

    Key Takeaways

    1. BYD is launching the Han L sedan and Tang L SUV on April 9th, featuring the fastest charging technology for light-duty vehicles.
    2. The Super e-Platform allows for a driving range increase of up to 400 km in just 5 minutes of charging.
    3. Pre-orders for both models started on March 17th, with prices set at RMB 270,000 ($37,080) for the Han L and RMB 280,000 for the Tang L.
    4. The Han L accelerates from 0 to 100 km/h in 2.7 seconds, while the Tang L does so in 3.7 seconds, both equipped with advanced LiDAR technology.
    5. BYD plans to establish 4,000 new charging stations in China, with about 500 ready before the vehicles hit dealerships.

    BYD is set to launch the Han L sedan and Tang L SUV on April 9th, marking them as the quickest-charging light-duty vehicles currently in production. These models utilize the innovative Super e-Platform, allowing for an impressive increase in driving range of up to 400 km in just 5 minutes.

    Event Details

    The launch event is scheduled for 7 p.m. local time in Beijing, as stated in a BYD announcement on Weibo. The automaker asserts that these new electric vehicles represent a significant advancement in the industry.

    Pre-Orders and Pricing

    On March 17th, BYD introduced their ultra-rapid charging tech and also began accepting pre-orders for the Han L and Tang L on the same day. The starting prices for the sedan and SUV are RMB 270,000 ($37,080) and RMB 280,000, respectively.

    Performance Features

    The Han L boasts an impressive acceleration from 0 to 100 km/h in a mere 2.7 seconds, while the Tang L achieves the same speed in about 3.7 seconds. Both vehicles are fitted with God Eye, BYD’s LiDAR-based technology that competes with Tesla’s Full Self-Driving capabilities.

    The Super e-Platform enables rapid charging, providing up to 1 Megawatt of power, which is double the output of Tesla’s Superchargers. BYD aims to set up 4,000 new charging stations across China, with around 500 expected to be operational before the Han L and Tang L become available at dealerships.

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  • BYD to Challenge Tesla’s Dominance in Electric Motors and Batteries

    BYD to Challenge Tesla’s Dominance in Electric Motors and Batteries

    Key Takeaways

    1. BYD is expected to outsell Tesla in electric vehicles by 2025 and may surpass Tesla in technology as well.
    2. Tesla faces financial challenges, including $200 million in unsold Cybertruck inventory, while BYD’s advancements position it as the leading EV manufacturer.
    3. BYD’s new 1 MW EV platform features cutting-edge technology, including a high-speed electric motor and fast-charging battery.
    4. BYD’s vertical integration as a major battery manufacturer gives it a competitive edge in developing efficient EV technologies.
    5. While Tesla excels in production cost management and autonomous driving software, BYD’s new self-driving system will be provided free with its vehicles, enhancing its data collection capabilities.

    Tesla is predicted to lose its top spot in the electric vehicle market by 2025, according to a report from market research company Counterpoint.

    BYD’s Rise in Sales

    The report states that BYD is likely to outsell Tesla in electric vehicles for the first time within a year. More troubling for Tesla and Elon Musk, however, is the expectation that BYD will surpass Tesla in technological advancements as well, rather than just sales. This may explain why Chinese authorities are cautious about allowing BYD to establish a factory in Mexico, fearing that it could enable American manufacturers like Tesla to access their technology.

    Financial Challenges Ahead

    Currently, Tesla has $200 million in unsold Cybertruck inventory, based on their recent shipping figures. Nevertheless, the new Model Y might still find success in markets outside of China. Despite this, the Counterpoint study suggests that even in such scenarios, BYD will take the lead as the largest EV manufacturer in the world by 2025, primarily because it now possesses superior technology.

    Innovative Technology from BYD

    BYD has introduced its new 1 MW EV platform, which offers an unmatched combination of powertrain and drivetrain capabilities. For instance, this high-voltage architecture enables the creation of the industry’s fastest electric motor, capable of exceeding 30,000 rpm while maintaining the same size. Additionally, the fast-charging 10C battery designed specifically for the 1MW system can recharge in just 5 minutes. BYD is also planning to establish a network of over 500 charging stations, all expected to be functional in under a month.

    Vertical Integration and Competitive Edge

    Such advancements have been made possible by BYD’s vertical integration, as it is the second-largest battery manufacturer in the world. This strategy not only allows them to develop custom EV powertrain technologies but also to achieve manufacturing efficiencies that may be challenging for Tesla to match, especially given the thermal efficiency issues with its own 4680 batteries.

    Areas Where Tesla Still Excels

    Tesla continues to excel in production cost management and its autonomous driving software. However, BYD has recently announced that it will provide its new self-driving system called Eye of God free of charge with all of its vehicles. This move could enable BYD to quickly gather millions of miles of driving data to analyze, as it works to catch up with Tesla’s $8,000 FSD option.

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    BYD to Challenge Tesla's Dominance in Electric Motors and Batteries
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  • Zeekr’s 1.2 MW Charger vs. BYD and Tesla’s Fast Charging Tech

    Zeekr’s 1.2 MW Charger vs. BYD and Tesla’s Fast Charging Tech

    Key Takeaways

    1. Zeekr has launched a 1.2 MW rapid EV charger, surpassing BYD’s 1.0 MW charger introduced earlier in March 2025.
    2. The new ultra-fast charger will debut at the Shanghai Auto Show in April 2025 and is part of Zeekr’s plan to expand its charging network.
    3. Zeekr now holds the title for the fastest EV charger, a title recently held by BYD for a short time.
    4. BYD’s Super e-Platform technology can add 400 km of range in just five minutes, and they plan to install 500 fast chargers by April.
    5. Tesla’s Superchargers remain popular for their availability, but their charging speed is declining compared to newer competitors, with the latest model providing only 500 kW.

    If BYD believed it would bask in the limelight of its EV charger technology for an extended period, Zeekr has other plans. Zeekr has introduced a 1.2 MW rapid EV charger, outpacing BYD’s 1.0 MW charging system that was showcased earlier in March 2025.

    Unveiling the New Charger

    The ultra-fast charger was presented during VP Zhao Yuhui’s address at the China EV100 Forum. This charger is set to make its first appearance at the Shanghai Auto Show in April 2025. The Chinese company already operates over 4,000 rapid chargers, with a maximum output of 800 kW across 826 stations. The rollout of these new chargers is scheduled for the second quarter of 2025.

    A New Record in Charging Speed

    Zeekr now holds the title for the fastest EV charger in the world, a title that BYD had for only a few weeks. BYD recently showcased its Super e-Platform charging technology, capable of adding 400 km of range in just five minutes. This was at an event where they also began accepting pre-orders for the Han L sedan and Tang L SUV. BYD aims to install 500 fast chargers by April.

    The Status of Tesla’s Superchargers

    Tesla’s Superchargers remain favored for their widespread availability and dependability. Nevertheless, the American manufacturer is slowly losing its top position in charging speed, as their latest model can only provide 500 kW. Tesla also operates a smaller Megacharger network that can deliver up to 1 MW, but this is reserved for its Class 8 electric Semi trucks in the US.

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  • BYD Builds Hundreds of 1MW Charging Stations to Compete with Tesla

    BYD Builds Hundreds of 1MW Charging Stations to Compete with Tesla

    Key Takeaways

    1. BYD has announced the rollout of 500 new 1MW charging stations by early April to create a robust charging network that aims to surpass Tesla’s V4 Superchargers.
    2. The new charging stations will enable electric vehicles to gain about 250 miles of range in just 5 minutes, enhancing the convenience for users of the upcoming Han L sedan and Tang L SUV.
    3. BYD plans to expand its charging network to 4,000 stations, leveraging its Super e-Platform architecture for future electric vehicle development.
    4. The company’s vertical integration allows for rapid deployment of charging stations without needing extensive grid upgrades, utilizing on-site energy storage containers.
    5. BYD intends to ensure accessibility to 1MW chargers in major cities for early adopters of the Han L and Tang L models, launching on March 27.

    It’s been less than a month since BYD announced plans to roll out hundreds of its latest 1MW charging stations. This initiative aims to create a network that outperforms Tesla’s V4 Superchargers, which are still quite rare.

    On March 17, BYD, the largest electric vehicle manufacturer in the world, unveiled its new 1MW charging system. The company now states that it will have 500 charging stations ready to deliver this impressive output by the start of April.

    Speedy Charging Innovations

    These charging stations promise to offer unprecedented fast charging speeds, particularly for passenger electric vehicles. They are launching just in time for the Han L sedan and Tang L SUV, both designed on the new 1MW architecture, enabling drivers to add around 250 miles of range in just 5 minutes using these chargers.

    Tesla’s latest V4 Supercharger generation currently has an output of 325 kW, which is expected to increase to 500 kW by the end of this year, with plans for megawatt speeds in the future for the Tesla Semi.

    Ambitious Expansion Plans

    BYD is looking to rapidly establish a network of 4,000 of these chargers, as the new 1MW architecture, called the Super e-Platform, will be the foundation of its electric vehicle system moving ahead. Li Yunfei from BYD mentioned, “BYD’s style has always been – mass production as soon as it is released,” adding that “500 units of 1000 kW charging stations will be available in [early] April.”

    The main strength of BYD as an electric vehicle manufacturer lies in its vertical integration, being the second-largest producer of EV and energy storage system batteries globally. It showcased its ability to quickly deploy 1MW charging stations without needing grid connection upgrades or permits by combining them with energy storage containers on-site, allowing them to operate independently.

    Ensuring Accessibility for Early Adopters

    BYD aims to ensure that when the Han L and Tang L launch on March 27, those who buy them will have access to a network of 1MW chargers available in major cities for their convenience.

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