Daily Archive: October 30, 2023
BYD posts record Q3 net profit, gross margin hits 2-year high
BYD reported a record net profit of RMB 10.41 billion in the third quarter, up 52.59 percent from the second quarter. Gross margin for the third quarter was 22.12 percent, a record high since the third quarter of 2020.
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Neta ships EVs to Turkey; to start selling multiple models in UAE in 2024
Neta aims to transform itself into a global high-tech technology company and reach one million sales in global markets by 2026.
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Honda Joins Race for High Tech 3D-Printed Metal Car Parts
BMW recalls 41,446 units of 5 Series plug-in hybrids in China over battery issue
The vehicles' high-voltage batteries have a dual-battery cell module design that risks causing thermal runaway.
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10 Coolest Cleantech Stories of the Week
CATL puts new battery production base into operation, claims to be able to produce 1 cell in 1 second
The first phase of CATL's Guizhou production base has been put into operation with an annual capacity of 30 GWh, capable of producing a cell in 1 second and a pack in 2.5 minutes.
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Ford’s EV & Battery Manufacturing Ambitions Get A Boost With Rockwell Automation Technologies
BYD Makes A Splash At Japan Mobility Show With Seal Debut — 1st Chinese Carmaker There
BYD’s Fang Cheng Bao brand starts trial operations of 1st 70 directly-managed stores
Fang Cheng Bao started the pre-sale of its first model, the Bao 5, in August, with a pre-sale price range of RMB 300,000 - RMB 400,000.
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