News

BYD widens EV sales lead over Tesla

KATHMANDU: Chinese automaker BYD has maintained its lead in global electric vehicle (EV) sales for the third straight quarter, surpassing U.S. rival Tesla according to global news agencies. Between April and June, BYD sold 606,993 EVs, a 42.5% increase from…
News

BYD Seagull achieves 1 million global sales milestone

KATHMANDU: BYD has announced a major achievement for its entry-level hatchback, the Seagull. At a recent media event, the company shared that it has produced 1 million units of the Seagull model. The car was first launched in April 2023,…
News

BYD scales back production in China as inventory piles up

KATHMANDU: Chinese automaker BYD has scaled back production at several domestic plants as unsold inventory levels continue to rise, despite recent aggressive discounting efforts. According to Reuters, BYD has canceled night shifts at its plants and deferred plans to install…