_tesla-chinese-rival-byd-predicts-aggressive-ev-price-war-will-lead-to-massive-price-cuts.jpg "Tesla Chinese Rival BYD Predicts Aggressive EV Price War Will Lead to Massive Price Cuts from mendoza models Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:35
👁 View: 450K times
✓ Published: 30-Apr-2024
👁 View: 450K times
✓ Published: 30-Apr-2024
Description:
BYD, the world's largest EV maker, predicts that electric cars will completely replace petrol vehicles. This has led to a 10% decrease in prices for 50 models in the industry. BYD's main focus is budget models, but China's EV market is slowing down. Chinese carmakers are expanding overseas to compensate for declining profits. Price competition is expected to spread to international markets. BYD, backed by Warren Buffett, recorded a record profit in 2023 with an 80.7 percent year-on-year increase.
BYD, the world's largest EV maker, predicts that electric cars will completely replace petrol vehicles. This has led to a 10% decrease in prices for 50 models in the industry. BYD's main focus is budget models, but China's EV market is slowing down. Chinese carmakers are expanding overseas to compensate for declining profits. Price competition is expected to spread to international markets. BYD, backed by Warren Buffett, recorded a record profit in 2023 with an 80.7 percent year-on-year increase.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_the-new-mercedes-benz-eqv-avantgarde-interior-design-in-hyacinth-red-metallic.webp "Mercedes-Benz will pursue a differentiated strategic approach with its vans in the future. As presented last year (2023), the company is aiming for a premium strategy for its commercial vans. In the future, a focused luxury strategy will apply to all newly developed, privately positioned vans, as is the case for all Mercedes‑Benz passenger cars. The aim is to fully implement this strategic change with the introduction of the upcoming modular and scalable Van Electric Architecture – VAN.EA for short – from 2026. The new private midsize vans EQV and V-Class are an important milestone on this path. Both are further elevated with new exterior and interior designs. There is also an increase in comfort and safety, especially thanks to more intelligent, digital networking. The models have been available to order from Mercedes‑Benz sales partners and online since January 2024. The standard equipment has been comprehensively upgraded and thereby tailored more precisely to customer requirements. The new V-Class starts at a list price of 59,470.25 euros, the new EQV from 75,281.78 euros. The new V-Class also forms the basis for the V-Class Marco Polo camper van, which is offered ex factory. It starts at 80,004.89 euros1 and adopts the model's attractiveness almost completely.")
_the-new-porsche-macan-turbo-design-preview-in-racing-green.webp "It’s all down to this line, a mere stroke on paper. And yet it marks a a new beginning. The coupé-like roofline of the Macan and the striking rear—with its shape so typical of Porsche—evoke the tight, unmistakable flyline of the 911. But this time, it’s not just a reminder of the Porsche icon. Rather, the shape, including the rear spoiler, is a groundbreaking innovation in the all-electric SUV segment. “The active aerodynamic elements all contribute significantly to the range,” says aerodynamics specialist Thomas Wiegand. “We have a rear spoiler that raises automatically, active cooling flaps at the front air intakes, and flexible covers on the underbody.” Located in the same building as the Style Porsche design department, the Weissach wind tunnel gives form and shape to the streamlining of the newly developed Macan. It’s the first Porsche based on the Premium Platform Electric (PPE) created in collaboration with Audi. This platform not only benefits from development synergies, but is also highly flexible, enabling Porsche to implement its own technical and brand-specific objectives. Full electrification of the popular model line is an important milestone on the path to ensuring that more than 80 percent of the new cars are fully electrified in 2030—depending on the demand of customers and the development of electromobility in the respective regions of the world.")
_2025-hyundai-tucson-xrt-exterior-design.webp "Hyundai unveiled its thoroughly refreshed 2025 Tucson SUV in a North American reveal at the New York International Auto Show. The updated 2025 Tucson continues to build upon its successful Sensuous Sportiness design identity with a more commanding front and rear appearance, updated lighting signatures, new alloy wheel designs and a significantly redesigned interior. A plethora of new and enhanced driver comfort, convenience and safety technologies have also been added. 2025 Tucson 2.5L models will arrive at U.S. dealerships in June, while 1.6L turbo hybrid and plug-in hybrid models will be available late summer.<br/><br/>The 2025 Tucson presents an evocative, bold appearance with ‘Parametric Dynamics’ design language and kinetic, jewel-like surface detailing that ensures its distinct identity in today’s crowded SUV marketplace. For 2025, revised exterior styling imbues Tucson with a more planted, substantial look thanks to a new grille, redesigned front and rear bumper fascia, and an updated daytime running light signature. New alloy wheels, anodized aluminum badging, and a 75-mm longer rear wiper blade for improved visibility round out these purposeful changes.<br/><br/>The 2025 Tucson’s interior may feature the biggest upgrades of all, thanks to a more open-feeling design and a higher-tech, yet easier-to-use infotainment interface. This cabin glow-up incorporates a redesigned panoramic curved display that integrates an available 12.3-inch digital instrument cluster and an enlarged 12.3-inch infotainment display. A redesigned center stack includes the addition ofsupplementary knobs and switchgear for frequent-use driver controls including audio volume and tuning, along with select HVAC controls for greatly improved ergonomics. The center console, steering wheel and door panel accents have also been redesigned for both fresh appeal and enhanced usability. A new dashboard tray located above the glovebox adds even more storage space for front-seat passengers.")
_audi-a3-sportback-s-line-design-preview-in-green.webp "An extensive upgrade for a successful model: The car with which Audi established the premium compact class in 1996, the A3, is sportier, more comfortable, and more digital than ever, thanks to its more progressive design, significantly extended standard equipment, and new materials and offers. Apps that can be used directly in the vehicle display, selectable daytime running light signatures, and the ability to add vehicle functions on demand any time enable a high degree of customization. The A3 allstreet, the distinctive crossover of the A3 family, is new to the market. With its characteristic off-road look, three centimeters of extra ground clearance compared to the A3 Sportback, and a raised seat position, the vehicle offers an SUV like driving experience combined with high functionality.")
_tesla-shares-pop-10-as-ceo-elon-musk-secures-tentative-approval-for-full-self-driving-in-china.webp "Tesla CEO Elon Musk met China Premier Li Qiang during a surprise visit to China on Sunday and received tentative approval to introduce Full Self-Driving in China. Reports indicate Tesla cleared China's data security reviews, allowing local authorities to lift restrictions on Tesla vehicles in certain areas. Tesla will partner with Baidu to provide access to mapping data and lane-level navigation services. Rivals like BYD have announced new EV models with advanced driver assistance at the Beijing Auto Show, putting pressure on Tesla without new vehicles to showcase.")
⏲ 0:40 👁 730K
_audi-a3-allstreet-interior-design.webp "An extensive upgrade for a successful model: The car with which Audi established the premium compact class in 1996, the A3, is sportier, more comfortable, and more digital than ever, thanks to its more progressive design, significantly extended standard equipment, and new materials and offers. Apps that can be used directly in the vehicle display, selectable daytime running light signatures, and the ability to add vehicle functions on demand any time enable a high degree of customization. The A3 allstreet, the distinctive crossover of the A3 family, is new to the market. With its characteristic off-road look, three centimeters of extra ground clearance compared to the A3 Sportback, and a raised seat position, the vehicle offers an SUV like driving experience combined with high functionality.")
_all-new-mazda-cx-80-exterior-design.webp "Following the launch of the CX-60, the all-new Mazda CX-80 is the second of two new models for Europe from the company’s Large Product group. It is the most spacious car in Mazda’s European line-up and will become the new flagship for Mazda in the region.<br/>In this latest evolution of Mazda’s unique Kodo design approach, the designers have focused on the elegance and purity of a minimalist Japanese aesthetic, which removes all unnecessary elements, achieved through the unique ‘hands-on’ approach of Mazda’s designers and master craftsmen, whose goal is to produce cars that could only have been Crafted in Japan.<br/>At almost five metres long and with a wheelbase of over three metres, the all-new Mazda CX-80 is longer, higher, and has a significantly longer wheelbase than the popular CX-60. In conjunction with two-fold-flat third row seats, the CX-80 will be available with a choice of three second row configurations, including the choice of two separate captain seats combined with either a centre console or a walk through to the third row.<br/>The all-new Mazda CX-80 features technology appropriate for the flagship of Mazda’s European model range and includes three new features: a new Alexa in-car voice control, a new hybrid navigation system combining the advantages of both offline and online services, and a new Trailer Hitch View which uses the centre display and advanced graphics to help position the vehicle relative to a trailer.")
_man-transforms-back-to-the-future-cars-into-bizarre-creations.webp "A MAN who collects DeLorean cars has transformed the classic Back To The Future vehicles into a monster truck, a limousine, a hovercraft, a convertible and a Time Machine Replica. Rich Weissensel, a software engineer, is fanatic about the two-door sports car and owns five custom creations – including a stretched DeLorean Limousine - and three stock DeLoreans. Rich has re-modeled the stainless-steel shape of the iconic cars into bizarre and brilliant automotive creations in an ongoing, 14-year series of projects. The projects started after Rich met the car's founder John DeLorean at the Cleveland DeLorean Car Show in 2000 and showed him some of his ideas and sketches. Rich from Chicago, Illinois, built a custom hovercraft using the stainless steel panels of the DeLorean and a hovercraft cushion which allows the DeLorean to float over any surface.")
_the-new-mercedes-benz-eqv-avantgarde-interior-design-in-hyacinth-red-metallic.jpg)
_the-new-porsche-macan-turbo-design-preview-in-racing-green.jpg)
_2025-hyundai-tucson-xrt-exterior-design.jpg)
_audi-a3-sportback-s-line-design-preview-in-green.jpg)
_tesla-shares-pop-10-as-ceo-elon-musk-secures-tentative-approval-for-full-self-driving-in-china.jpg)
_audi-a3-allstreet-interior-design.jpg)
_all-new-mazda-cx-80-exterior-design.jpg)
_man-transforms-back-to-the-future-cars-into-bizarre-creations.jpg)
![[+]](/images/menu.gif){kind=small}