BYD

BYD Shortlisted in the Top Three for the 2024 World Car Awards

Retrieved on: 
Tuesday, February 27, 2024
EV, Electric Vehicles, Automotive, Other Automotive, Automotive Manufacturing, General Automotive, Performance & Special Interest, Vehicle Technology, Manufacturing, Multimedia, ANCAP, World Car Awards, Growth, BYD, Safety, City, History, Plug-in, European Car, Geneva International Motor Show, Travel, Automotive industry

At the Geneva Motor Show on February 26, the World Car Awards announced the top three finalists for 2024.

Key Points: 
  • At the Geneva Motor Show on February 26, the World Car Awards announced the top three finalists for 2024.
  • BYD makes history as the first and only Chinese carmaker to be shortlisted in the top three for the "World Car of the Year" category.
  • View the full release here: https://www.businesswire.com/news/home/20240227393340/en/
    BYD SEAL shortlisted in the Top 3 for the "World Car of the Year" category (Photo: Business Wire)
    Regarded as the top three automotive accolades globally, the "World Car Awards," "European Car of the Year," and "North American Car of the Year" are highly esteemed.
  • Dubbed the "Oscars of the automotive world", the "World Car Awards" is particularly celebrated for its emphasis on international models, positioning it as a highly anticipated event within the global automotive industry.

YANGWANG Launched the U9, Priced at 1.68 Million RMB

Retrieved on: 
Monday, February 26, 2024
Alternative Vehicles, Fuels, Technology, EV, Electric Vehicles, Aftermarket, Automotive, General Automotive, Automotive Manufacturing, Manufacturing, Batteries, Performance & Special Interest, Carbon, U9, Multimedia, E4, CTB, BYD, Cabin, Super, Safety, Acceleration, Blade battery, Music, Ultra

BYD, the world’s leading manufacturer of new energy vehicles and power battery, proudly unveils the first pure electric supercar model U9 under its high-end sub-brand, YANGWANG, priced at 1.68 million RMB, and announced the delivery will start in this summer.

Key Points: 
  • BYD, the world’s leading manufacturer of new energy vehicles and power battery, proudly unveils the first pure electric supercar model U9 under its high-end sub-brand, YANGWANG, priced at 1.68 million RMB, and announced the delivery will start in this summer.
  • The YANGWANG U9 packs a whopping 1,300 horsepower and a maximum torque of 1680N·m.
  • Additionally, YANGWANG U9 is equipped with 12 sets of active and passive aerodynamic packages to reduce drag coefficient and enhance heat dissipation efficiency.
  • The YANGWANG U9 boasts the Super Carbon-fiber Cabin, a structure made of different materials, and the next-generation CTB technology.

BYD Set to Challenge Tesla for the Crown in EV Sales in 2024, Says TrendForce

Retrieved on: 
Tuesday, February 20, 2024
Semiconductor, Alternative Energy, Energy, Green Technology, Manufacturing, Sustainability, Alternative Vehicles, Fuels, Technology, EV, Electric Vehicles, Environment, Other Manufacturing, Automotive, Software, Networks, Other Energy, Aion, KIA, Bev, NEVS, PHEV, BEV, Pressure, News, SUV, Growth, Table, GM, BYD, Blog, BMW, SAIC, Vacuum breaker, Mercedes-Benz, NEV, Car, Volkswagen, Jeep, GAC, Volvo, Hyundai, Automotive industry

TrendForce further notes that China remains the largest market for NEVs, commanding about 60% of the global market share.

Key Points: 
  • TrendForce further notes that China remains the largest market for NEVs, commanding about 60% of the global market share.
  • However, growth is slowing down due to a high base effect, and limited sales growth in other regions cannot compensate for the gap left by the Chinese market.
  • In 2023, Tesla continues to lead BEV rankings with a 19.9% market share, closely followed by BYD, which narrowed the sales gap with Tesla to 248,000 units.
  • TrendForce believes that BYD has the potential to challenge Tesla’s dominance in the BEV market this year.

98% manufacturers face data woes that stifle innovation and time to market, Hexagon's report reveals

Retrieved on: 
Thursday, March 7, 2024
AI, Research, Synovial joint, Electronics, BYD, Empowerment, Digital, Communication, Risk, Automation, Education minister, Workforce, Robotics, Management

COBHAM, England, March 7, 2024 /PRNewswire/ -- Manufacturers that fail to get their data in order risk being left behind their rivals, a new report from Hexagon reveals.

Key Points: 
  • COBHAM, England, March 7, 2024 /PRNewswire/ -- Manufacturers that fail to get their data in order risk being left behind their rivals, a new report from Hexagon reveals.
  • The global survey of more than 500 manufacturing leaders, conducted by Forrester Consulting and commissioned by Hexagon, found that 98% of manufacturers report at least one issue with data within their organisation.
  • Leaders are considering real-time collaboration, AI and automation, but persistent data challenges stifle innovation and impede the roll-out of such advanced manufacturing technologies.
  • These data woes contributed to 97% of manufacturers facing challenges in collaboration and productivity, which can impact their ability to innovate and delay responding to customers' needs.

98% manufacturers face data woes that stifle innovation and time to market, Hexagon's report reveals

Retrieved on: 
Thursday, March 7, 2024
AI, Research, Synovial joint, Electronics, BYD, Empowerment, Digital, Communication, Risk, Automation, Education minister, Workforce, Robotics, Management

COBHAM, England, March 7, 2024 /PRNewswire/ -- Manufacturers that fail to get their data in order risk being left behind their rivals, a new report from Hexagon reveals.

Key Points: 
  • COBHAM, England, March 7, 2024 /PRNewswire/ -- Manufacturers that fail to get their data in order risk being left behind their rivals, a new report from Hexagon reveals.
  • The global survey of more than 500 manufacturing leaders, conducted by Forrester Consulting and commissioned by Hexagon, found that 98% of manufacturers report at least one issue with data within their organisation.
  • Leaders are considering real-time collaboration, AI and automation, but persistent data challenges stifle innovation and impede the roll-out of such advanced manufacturing technologies.
  • These data woes contributed to 97% of manufacturers facing challenges in collaboration and productivity, which can impact their ability to innovate and delay responding to customers' needs.

Cyngn Reports 2023 Fourth Quarter and Year-End Financial Results

Retrieved on: 
Wednesday, March 6, 2024
Engineering, OEM, Investment, Marketing, BYD, NRE, Lidar, Non-recurring engineering, Advertising, EAS, G&A, Video game

Fourth quarter revenue was $40.4 thousand compared to $262 thousand in the fourth quarter of 2022.

Key Points: 
  • Fourth quarter revenue was $40.4 thousand compared to $262 thousand in the fourth quarter of 2022.
  • Total costs and expenses in the fourth quarter were $5.4 million, down from $6.0 million in the fourth quarter of 2022.
  • Net loss for the fourth quarter was $(5.4) million compared to $(5.5) million in the corresponding quarter of 2022.
  • Fourth quarter 2023 net loss per share was $(0.12), based on basic and diluted weighted average shares outstanding of approximately 46.0 million in the quarter.

Electric Commercial Vehicle Market worth USD 255.6 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, March 4, 2024
EVS, Scania AB, Toyota, Air pollution, General Motors, Greenhouse, EQT, Growth, NMC, Climate change, Augmented reality, Tesla, Inc., Software, Paccar, EV, Transport, BYD, Dongfeng Motor Corporation, Mercedes-Benz Group, European, GVWR, Volvo, T5, Partnership, Original equipment manufacturer, Safety, City, Dongfeng, Peterbilt, Mercedes-Benz, CO2, FCEV, Bev, USD, ECV, MAN Truck & Bus, Ford Motor Company, Government, Metrobus, Infrastructure, Kenworth, Workhorse Group, Rail transport

The EU provides incentives for electric vehicles (EVs), such as battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).

Key Points: 
  • The EU provides incentives for electric vehicles (EVs), such as battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).
  • The 121–200 kWh battery capacity segment of the electric commercial vehicle market is witnessing substantial growth for several reasons.
  • The North American electric commercial vehicle market is experiencing significant growth driven by various factors, including tightening emission regulations, increasing environmental awareness, and advancements in electric vehicle (EV) technology.
  • Thus, all such factors are expected to boost the North American electric commercial vehicle market during the forecast period.

Electric Commercial Vehicle Market worth USD 255.6 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, March 4, 2024
EVS, Scania AB, Toyota, Air pollution, General Motors, Greenhouse, EQT, Growth, NMC, Climate change, Augmented reality, Tesla, Inc., Software, Paccar, EV, Transport, BYD, Dongfeng Motor Corporation, Mercedes-Benz Group, European, GVWR, Volvo, T5, Partnership, Original equipment manufacturer, Safety, City, Dongfeng, Peterbilt, Mercedes-Benz, CO2, FCEV, Bev, USD, ECV, MAN Truck & Bus, Ford Motor Company, Government, Metrobus, Infrastructure, Kenworth, Workhorse Group, Rail transport

The EU provides incentives for electric vehicles (EVs), such as battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).

Key Points: 
  • The EU provides incentives for electric vehicles (EVs), such as battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).
  • The 121–200 kWh battery capacity segment of the electric commercial vehicle market is witnessing substantial growth for several reasons.
  • The North American electric commercial vehicle market is experiencing significant growth driven by various factors, including tightening emission regulations, increasing environmental awareness, and advancements in electric vehicle (EV) technology.
  • Thus, all such factors are expected to boost the North American electric commercial vehicle market during the forecast period.

US Commercial Vehicle Market Grew 14 percent in 2023, according to S&P Global Mobility

Retrieved on: 
Thursday, February 29, 2024
EV, Construction, Nikola, FedEx, Sanitation, GVW, Maverick, Ram, BYD, Autocar, CNG, Walmart, Ford, Ford Maverick, Volvo, Propane

Source: S&P Global Mobility US commercial vehicle registration data, 2022-2023

Key Points: 
  • Source: S&P Global Mobility US commercial vehicle registration data, 2022-2023
    Alternative fuel vehicles, electric and hybrid powertrains are popular options for light-duty commercial vehicles while compressed natural gas (CNG) and electric are becoming popular alternative options for heavy-duty commercial vehicles.
  • Electric cargo vans continue to trend in last-mile delivery applications, especially with fleets such as Amazon, Walmart, Penske, and FedEx.
  • There were more than 14,000 EV cargo vans registered in 2023, according to the analysis, led by substantial growth from Rivian.
  • In addition, electric pickup launches expected from Chevrolet and Ram should contribute to the EV and electrified vehicle sales boom.

China Automotive Telematics Service Providers (TSP) and Application Services Research Report 2024: Next-Generation Application Service Platform will Build All-scenario Service Capabilities

Retrieved on: 
Thursday, February 29, 2024
TSP, XPeng, Architecture, SkyOS, Meizu, APP, SOA, OPPO, Original equipment manufacturer, BYD, App, NIO, Volkswagen Group, HarmonyOS, Yuanshi, IVI, Physical examination, VIVO, Apple, Li Auto, Big data, OTA, IM, Mobile phone

DUBLIN, Feb. 29, 2024 /PRNewswire/ -- The "Automotive Telematics Service Providers (TSP) and Application Services Research Report, 2023-2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 29, 2024 /PRNewswire/ -- The "Automotive Telematics Service Providers (TSP) and Application Services Research Report, 2023-2024" report has been added to ResearchAndMarkets.com's offering.
  • Next how to provide diversified, personalized and intelligent application services using telematics big data will become the focus of major OEMs forging brand differentiation.
  • At present, China's intelligent connected vehicle application services are mainly four scenario services: in-vehicle information services, after-sales information services, off-vehicle near-field services and off-vehicle remote services.
  • Third, the next-generation application service platform will build all-scenario service capabilities covering intelligent driving, cockpit and connectivity.