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International Business News: BYD, once mocked for poor quality, has become a global leader in electric car sales, surpassing Tesla. The company's success is attributed to expandin
The founder of Chinese electric car titan BYD Wang Chuanfu made two risky bets in the company’s infancy. They have paid off.
Berlin (dpa) — BYD is the largest electric car manufacturer in the world and is taking an aggressive approach when it comes to trying to conquer the European market. That's why hardly a quarter goes by in which the Chinese car maker doesn't launch a new model. Now the company is aiming to land a double blow with two new electric cars. The Seal saloon got an international launch in late 2023, rivalling competitors such as the Tesla Model 3 and the VW ID.7. Now it’s got an SUV brother, the Seal U,
BYD’s sales have grown by about 1 million cars in each of the past two years. The last car maker to accomplish that was General Motors – and that was in 1946.
Latest new model to arrive here from leading EV manufacturer, BYD is their eye-catchingly sleek BYD SEAL. A four-door, all-electric, D-segment sedan whose dynamic and sporty appearance underline the appeal it is likely to have for Irish and European motorists, the BYD SEAL is the third model to launch here since BYD was introduced to Ireland just eight months ago.