BYD - Tokyo to have 1,000 new EV charging hubs, more than gas stations

BYD Company Limited is a Chinese car manufacturer that specializes in producing electric vehicles (EVs), traditional gasoline-powered vehicles, batteries, and energy storage systems. The company, founded in 1995, has become a global leader in the electric vehicle market, with a focus on sustainable transportation solutions.


BYD, which stands for Build Your Dreams, was founded by entrepreneur Wang Chuanfu in 1995. The company started as a manufacturer of nickel-cadmium batteries for mobile phones, but soon expanded into other markets, such as automobiles and solar energy.

In 2003, BYD entered the automotive market with the F3 sedan, which became one of the best-selling cars in China. In 2008, the company introduced its first electric vehicle, the F3DM, which was the world’s first mass-produced plug-in hybrid. The company continued to innovate and expand its electric vehicle lineup, with models such as the e6 and Tang.

Today, BYD is one of the world’s largest manufacturers of EVs and has partnerships with some of the world’s biggest car companies, such as Toyota and Daimler.


BYD produces a wide range of vehicle types, from small passenger cars to buses and trucks. The company’s electric vehicle lineup includes the BYD e1, a small urban EV with a range of up to 186 miles on a single charge, and the BYD Tang, a mid-size SUV with a range of up to 373 miles.

In addition to electric vehicles, BYD also produces traditional gasoline-powered vehicles, such as the Qin and Song series, and specializes in building electric buses and trucks, which are popular with many public transportation agencies around the world.

BYD is also a major manufacturer of batteries, which are used in many applications, including electric vehicles, energy storage systems, and mobile devices. The company’s Blade Battery, which is a safer and more reliable design than traditional lithium-ion batteries, is used in many of its electric vehicles.


BYD’s focus on sustainability extends beyond its product offerings. The company is committed to reducing its carbon footprint and has set a goal to become carbon-neutral by 2025. To achieve this goal, BYD has implemented several initiatives to reduce its energy consumption and greenhouse gas emissions.

For example, the company has invested in renewable energy sources, such as solar and wind power, to power its manufacturing facilities. BYD has also implemented energy-efficient technologies in its production processes and has reduced the amount of waste it generates through recycling and other practices.

In addition, BYD is a leader in sustainable transportation solutions. Its electric vehicles reduce carbon emissions and improve air quality, making them an ideal choice for cities looking to reduce their carbon footprint and improve public health.

Global Presence

BYD’s commitment to sustainability and innovation has made it a global leader in the electric vehicle market. The company has operations in more than 50 countries and regions, including the United States, Europe, and Asia.

BYD North America, headquartered in Los Angeles, California, is focused on bringing sustainable transportation solutions to the American market. The company has partnerships with several U.S. cities to provide electric buses for public transportation and has also introduced its electric trucks to the U.S. market.

In Europe, BYD has established partnerships with major car manufacturers, such as Daimler and Renault, to develop electric vehicles for the European market. The company has also built a new electric bus factory in Hungary to meet the growing demand for sustainable public transportation in Europe.


BYD is an innovative and sustainable company that has become a global leader in the electric vehicle market. Its commitment to sustainability and electric mobility has made it an ideal partner for many companies and cities looking to reduce their carbon footprint and improve air quality. As the world transitions to a more sustainable future, BYD is well-positioned to continue leading the way in sustainable transportation solutions.

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VW talks to Huawei about licensing software for cars in China

Financial Times

23-05-17 04:33

Volkswagen is reportedly discussing using Huawei's software in its electric cars in China as it seeks to gain a greater share of the country's EV market. The German carmaker's own software division Cariad has faced problems that have delayed the launch of new models and necessitated the removal of many of its top executives. VW sells more cars than any other automotive company in China, but it ranks ninth for EV sales. It recently announced plans to win back ground by developing "In China, for China" products and upgrading its existing platform, offering advanced entertainment and driving assistance features.
EV maker Fisker is exploring collaboration with other companies, CEO says


23-05-17 09:15

Electric vehicle (EV) manufacturer Fisker is exploring collaboration with other businesses to more swiftly scale up market share, according to CEO Henrik Fisker. Fisker said collaboration with suppliers, other carmakers and technology companies was being explored as it sought ways to rapidly increase market position. Tesla, established global automakers, China's BYD and smaller rivals such as Polestar, backed by Mercedes, and Xpeng, supported by Alibaba, are battling for sales by cutting prices as the EV industry becomes increasingly competitive.
Chinese Stock Picks Make Comeback at Sohn HK Hedge Fund Summit


23-05-17 13:10

Speakers at the Sohn Hong Kong Investment Leaders Conference have praised Chinese vocational schools and hydroelectric power producer China Yangtze Power Co. The positive press for China marks a contrast to the past year when Chinese stock picks were absent from the event, owing to regulatory crackdowns, geopolitical tensions, and rising interest rates. Aside from China, the conference also saw the emergence of corporate governance investment ideas for stocks of companies based in South Korea, Japan, and India.
EV batteries: Stellantis warning highlights complex post-Brexit rules of origin quotas

Financial Times

23-05-17 15:51

Stellantis’ warning that Britain’s trade rules with the EU could threaten electric van plant viability at Ellesmere Port has reopened the issue of rules of origin for the car industry. Car factories are concerned that anything that affects their exports to Europe will make them less competitive and more at risk. Rules of origin ensure that goods have sufficient locally-made content to qualify for tariff-free access to markets. Under the EU's post-Brexit Trade and Cooperation Agreement, vehicles sold from one to the other must have 55% of their “content” from within the EU or UK. By January 2024, 60% of an electric vehicle battery pack must originate from Europe or UK to qualify as “local”.
China targets rural motorists in push to reignite stalling electric car sales

South China Morning Post

23-05-17 22:00

China's National Development and Reform Commission (NDRC) and the National Administration of Energy (NEA) have called for an urgent expansion of charging infrastructure for electric vehicles (EVs) in rural areas in order to support the country’s “rural revitalisation” plan and increase the popularity of EVs outside major cities. The NDRC urged local governments to give financial incentives for the construction of EV charging stations and called on EV makers to diversify their products. The take-up of new energy vehicles (NEVs) remains relatively low in rural China, with lots of potential for growth.
Toyota’s top scientist says the world lacks resources to go all-EV

South China Morning Post

23-05-18 09:42

Toyota’s Chief Scientist has warned that transitioning too quickly to electric vehicles could lead drivers to hold on to old petrol cars and has called for hybrids to be extended in use ahead of the G7 leaders summit in Japan. While subsidies and restrictions help to make EVs attractive to those who can afford them, gas-electric vehicles remain more suitable for other drivers. Toyota’s approach has been criticised as it has taken too long to become fully electric, letting Tesla and China’s BYD take the lead in the EV market.
Factbox: Companies invest in EV battery factories in Europe


23-05-18 12:16

Europe aims to entice EV battery makers to establish factories in the bloc to reduce its dependence on Asia and challenge the US in the green subsidy race. Europe is also attempting to attract electric-vehicle component suppliers. Recent investments in the EV industry in Europe include Volkswagen’s construction of six battery factories, Northvolt’s €3bn-€5bn ($3.30bn-$5.50bn) electric-vehicle battery factory in Germany, and India’s Tata Group looking at Spain or Britain to locate a battery factory.
China overtakes Japan as world's top car exporter


23-05-19 02:41

China has become the world's largest exporter of cars, surpassing Japan in the first quarter of 2022. This was driven by an increase in demand for electric vehicles and rising sales to Russia, which has seen a surge in Chinese exports since the Ukraine war. Chinese carmakers, including Tesla's China arm, SAIC, BYD, Geely, Chery, and Great Wall, have benefitted from the shift towards electric vehicles and the opportunities offered by Russia's sanctions. Tesla's Gigafactory in Shanghai is currently capable of producing 1.25 million vehicles a year, and the company is planning to further increase capacity.
Panasonic: finding new clients should come before heavy spending on capacity

Financial Times

23-05-19 13:21

Japanese electronics group Panasonic risks ramping up investment too quickly as it seeks to double capital spending to a record ¥700bn ($5.1bn) for the fiscal year to March. Over half the sum will fund expansion of electric vehicle (EV) battery production. Panasonic was once best known for its LCD televisions, leading to large investments in plasma and LCD technology that ended in failure when cheaper Chinese competitors entered the market, causing the company to withdraw from LCD panel and solar cell production. Panasonic has invested heavily in EV batteries and is the world’s fourth-largest producer and one of Tesla’s leading suppliers. However, US tax credits have accounted for much of the company's net profit increase. Shares currently trade at a discount, with a forward earnings ratio of 12 compared to local competitors. Its heavy investment in production capacity ending in failure after competition entered the market caused the company to withdraw from all LCD panels production in 2012 and also withdraw from solar cells and sell its semiconductor business.
The revolutionary electric car battery technology that you’ve never heard of


23-05-21 08:00

Battery technology is advancing with silicon anode materials potentially transforming the EV market within a few years. Silicon anodes have been experimented with since the 1970s but lithium-silicon batteries have made huge leaps in the last few years, becoming known for their high performance and energy density. Silicon anodes are known for their high volume expansion when heated during charging but a 3D carbon structure in the battery can contain the expansion. Israel-based company StoreDot is at the pinnacle of silicon anode development and is expected to bring this new silicon battery technology to the premium EV market within the next couple of years.
When You're in a Cold War, Play for Time


23-05-21 04:00

Detente seems to be in the air between China and America according to an opinion piece in Bloomberg. It describes several significant breakthroughs in meetings between Chinese and American officials, a far cry from the frosty silence of recent times. Perhaps most poignantly, President Joe Biden’s National Security Adviser Jake Sullivan recently gave a speech at The Brookings Institute where he appeared to be intent on making Cold War II less chilly. Moreover, the opinion piece argues that the Chinese economy may not live up to its great expectations, showing some signs of headwinds with China’s dire demographic prospects and over-leveraged and depressed real estate sector.
The revolutionary electric car battery technology that you’ve never heard of


23-05-21 08:00

Battery technology is advancing with silicon anode materials potentially transforming the EV market within a few years. Silicon anodes have been experimented with since the 1970s but lithium-silicon batteries have made huge leaps in the last few years, becoming known for their high performance and energy density. Silicon anodes are known for their high volume expansion when heated during charging but a 3D carbon structure in the battery can contain the expansion. Israel-based company StoreDot is at the pinnacle of silicon anode development and is expected to bring this new silicon battery technology to the premium EV market within the next couple of years.
As Macau bets on change, what role will Hengqin play in the Greater Bay Area?

South China Morning Post

23-05-21 22:00

Plans to transform Hengqin, a Chinese special zone designated to help boost the economy of Macau, have been put in doubt by some visiting diplomats over the feasibility of the plan in the small island region. China aims to capitalise on the Greater Bay Area development, which consists of nine cities alongside Hong Kong and Macau, creating a large economic powerhouse able to compete with other regions such as Tokyo and San Francisco by 2035. The new special zone is meant to help Macau move beyond a reliance on gambling. Central government officials have often spoken about Macau-Hengqin collaboration, but visiting diplomats are skeptical whether technological aspirations would play out in a small, underdeveloped island. Alexandre Leitao, the Portuguese consul general in Macau and Hong Kong, said he found the concept of these in-depth cooperation zones “a challenge in itself” because of how new it is.
Hong Kong stocks climb out of hole as Beijing’s Micron ban fuels chip makers

South China Morning Post

23-05-22 02:34

The Hong Kong Hang Seng and Hang Seng tech indexes grew by 0.4% and 1.1%, respectively, adding to Chinese stocks recovering from a two-month low. The Semiconductor Manufacturing International Corp and Hua Hong Semiconductor's shares rose to record highs as traders piled in as a result of a ban by Beijing on US memory chip firm Micron Technology's products to China's key information infrastructure operators. E-commerce giant added 0.4% to HK$137.70.
GM CEO Mary Barra Visits China, Meets Shanghai Party Chief


23-05-25 02:15

General Motors (GM) CEO Mary Barra has visited China for the first time since the pandemic began in an attempt to reassert the US auto giant's position. GM is currently losing ground to rivals Tesla and BYD in the Chinese electric car market, with deliveries last year down to 2.3 million from 3.09 million in 2019, and GM's share of China's new car market down from 15% in 2015 to 9.8% in 2022. Barra said during her visit that China remains a crucial market for the company, and that she is looking forward to developing more clean and intelligent cars with its local partners.
BYD Rejects Rival’s Allegations of Breaching Emissions Rules


23-05-25 06:17

Chinese automaker BYD has denied Great Wall Motor's allegations that the gasoline engines in the Qin Plus and Song Plus plug-in hybrids failed to meet national emissions standards. Great Wall had lodged a complaint with local regulators and said it was waiting for a response. In response, BYD said it opposed any form of unfair competition. The tests on the engines, which had travelled up to 670kms, were conducted by the Tianjin branch of the China Automotive Technology and Research Center at the request of Great Wall, which also purchased and provided the vehicles.
Capital Calls: Russian cash, Chinese car feud

Reuters BreakingViews

23-05-25 11:32

European plans to divert Russian money to help Ukraine have been criticised in an article. The article states that moving the money to the war-torn country would "set a bad precedent". Reports suggest that Euroclear, a Belgium-based settlement house, is sitting on some €180bn of Russian central bank reserves, with the figure being part of the €280bn Ukraine's allies froze last year after Russia's invasion; the clearing firm also holds another €17bn from subjecting Russian individuals. The EU have been exploring ways to funnel these proceeds to Ukraine, in line with an earlier European Commission proposal to seize and manage the Russian assets.
Great Wall Motor says rival BYD failing on hybrid emissions


23-05-25 09:37

Great Wall Motor has formally accused vehicle manufacturer and rival BYD of prioritising sales over environmental considerations. In a report submitted to regulators, the Hebei-based firm stated BYD's Qin Plus and Song Plus hybrid models failed to meet emission standards in China. Hong Kong-listed shares in Great Wall closed down 7.3% after the company went public over the issue. BYD said it rejected the claims and would consider legal action, and invited a regulatory review of its vehicles.
Ford CEO says China main EV rival, not GM, Toyota


23-05-25 19:51

Ford CEO Jim Farley has said that Chinese electric vehicle manufacturers pose the main threat to Ford in the sector. During the Morgan Stanley Sustainable Finance Summit, Farley went on to explain that Ford needs distinctive branding or lower costs, with the Chinese being the most effective at scaling because of China’s dominance of EV production. Farley also warned that the US Treasury must issue rules that will determine whether Ford's EV battery plant investment using technology from Chinese partner CATL violates the "Foreign Entities of Concern" prohibition that is part of the $7,500 EV tax credit.