BYD

Chinese Driving Recorder Industry 2022: In 2022H1, the Sales Volume of Passenger Cars Equipped With OEM DVRs Increased by 52.5% Year-On-Year

Retrieved on: 
Friday, December 2, 2022

As EDRs has become the standard configuration of new cars, the OEM installation rate of driving recorders/digital video recorders (DVRs) has also risen.

Key Points: 
  • As EDRs has become the standard configuration of new cars, the OEM installation rate of driving recorders/digital video recorders (DVRs) has also risen.
  • From a monthly trend, the OEM installation rate of driving recorders in passenger cars (note: the sales proportion of passenger cars with driving recorder as standard configuration as a percentage of the total passenger car sales volume) jumped from 8.9% in April 2021 to 21.9% in June 2022.
  • On annual basis, the OEM installation rate of driving recorders in passenger cars hit 7.0% in 2019, 8.0% in 2020, 14.5% in 2021, and 19.6% in 2022H1.
  • The growth in the sales volume of new energy vehicles also led to the growth of OEM driving recorders.

Wireless Opportunity Charging for Buses Key for Uptime and Revenue, Reports IDTechEx

Retrieved on: 
Wednesday, November 30, 2022

The term 'opportunity charging' refers to charging an electric vehicle for short periods throughout the day instead of charging it in full all at once.

Key Points: 
  • The term 'opportunity charging' refers to charging an electric vehicle for short periods throughout the day instead of charging it in full all at once.
  • With an automated charging process like wireless charging, one can integrate the charging process into the usual mode of operation by installing chargers where the bus must stop anyway or by charging while driving (referred to as dynamic wireless charging).
  • Companies like WAVE, InductEV (formerly Momentum Dynamics), and IPT are involved in the wireless opportunity charging of buses.
  • The IDTechEx report, ' Wireless Charging Market for Electric Vehicles 2023-2033: Technology, Players and Forecasts ', provides a comprehensive analysis of this emerging charging technology which is set to support the adoption of electric buses globally.

Wireless Opportunity Charging for Buses Key for Uptime and Revenue, Reports IDTechEx

Retrieved on: 
Wednesday, November 30, 2022

The term 'opportunity charging' refers to charging an electric vehicle for short periods throughout the day instead of charging it in full all at once.

Key Points: 
  • The term 'opportunity charging' refers to charging an electric vehicle for short periods throughout the day instead of charging it in full all at once.
  • With an automated charging process like wireless charging, one can integrate the charging process into the usual mode of operation by installing chargers where the bus must stop anyway or by charging while driving (referred to as dynamic wireless charging).
  • Companies like WAVE, InductEV (formerly Momentum Dynamics), and IPT are involved in the wireless opportunity charging of buses.
  • The IDTechEx report, ' Wireless Charging Market for Electric Vehicles 2023-2033: Technology, Players and Forecasts ', provides a comprehensive analysis of this emerging charging technology which is set to support the adoption of electric buses globally.

China Automotive Systems Expands Partnership With BYD

Retrieved on: 
Tuesday, November 29, 2022

WUHAN, China, Nov. 29, 2022 /PRNewswire/ --China Automotive Systems, Inc. (Nasdaq: CAAS)("CAAS" or the "Company"),a leading power steering components and systems supplier inChina, today announced that it hosted senior executives of BYD at CAAS' headquarters to plan a strategic partnership for future autonomous driving.

Key Points: 
  • WUHAN, China, Nov. 29, 2022 /PRNewswire/ --China Automotive Systems, Inc. (Nasdaq: CAAS)("CAAS" or the "Company"),a leading power steering components and systems supplier inChina, today announced that it hosted senior executives of BYD at CAAS' headquarters to plan a strategic partnership for future autonomous driving.
  • CAAS has supplied more 3 million power steering sets, including electric power steering ("EPS") units, to BYD over a 20-year partnership.
  • The two executives test-drove BYD's Tang model equipped with a customized autonomous driving program designed by CAAS and Sentient.
  • Based in Hubei Province, the People's Republic of China, China Automotive Systems, Inc. is a leading supplier of power steering components and systems to the Chinese automotive industry, operating through ten Sino-foreign joint ventures.

China Driving Recorder Market Research Report 2022: Technology Integration and Industry Trends - ResearchAndMarkets.com

Retrieved on: 
Monday, November 28, 2022

The "China Driving Recorder Market Research Report, 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "China Driving Recorder Market Research Report, 2022" report has been added to ResearchAndMarkets.com's offering.
  • In April 2021, the Ministry of Industry and Information Technology stipulated: `Each passenger car should be equipped with an event data recorder (EDR) that complies with GB 39732.
  • As EDRs has become the standard configuration of new cars, the OEM installation rate of driving recorders/digital video recorders (DVRs) has also risen.
  • The growth in the sales volume of new energy vehicles also led to the growth of OEM driving recorders.

Global NEV Sales Reached 2.87 Million Units for 3Q22 as BYD Trailed Closely Behind Tesla in BEV Segment, Says TrendForce

Retrieved on: 
Thursday, November 24, 2022

Of the quarterly total, BEV sales accounted for 2.147 million units and registered a YoY growth of 75%, whereas PHEV sales accounted for 714,000 units and registered a YoY growth of 57%.

Key Points: 
  • Of the quarterly total, BEV sales accounted for 2.147 million units and registered a YoY growth of 75%, whereas PHEV sales accounted for 714,000 units and registered a YoY growth of 57%.
  • In the global ranking of BEV brands by vehicle sales for 3Q22, Tesla took first place with 344,000 units.
  • While Tesla managed to maintain its market share at 16%, its lead over second-placed BYD in sales figure had narrowed further.
  • It is also worth noting that the gap between Tesla and BYD in BEV sales has been smaller than 100,000 units for two quarters straight.

BYD Rolls Off Its 3 Millionth New Energy Vehicle and Debuts A New Passenger Car Brand Matrix

Retrieved on: 
Wednesday, November 16, 2022

It was not only a symbolic milestone for BYD but also an important achievement for the development of new energy vehicles worldwide.

Key Points: 
  • It was not only a symbolic milestone for BYD but also an important achievement for the development of new energy vehicles worldwide.
  • While it took BYD 13 years to achieve the first one million new energy vehicle landmark, just one year later, BYD accomplished the milestone from "one million to two million new energy vehicles".
  • Now, just in 6 months, BYD reached the milestone of " from two million to three million new energy vehicles".
  • BYD has showcased a massive "acceleration" in the new energy vehicle industry, facilitating the rapid change of global green mobility.

City of Lancaster, CA, Wins Inaugural Global H2 Twin Cities Designation

Retrieved on: 
Wednesday, November 23, 2022

LANCASTER, Calif., Nov. 23, 2022 /PRNewswire/ -- The City of Lancaster, Hawai'i County, and Namie, Japan have won the U.S. Department of Energy's inaugural H2 Twin Cities Initiative with its H2 – TRANS – PACIFIC Team proposal to develop clean renewable H2 solutions for energy sustainability and strengthening ties across the Pacific. The award announcement was made on November 16, 2022, at COP27 in Egypt by U.S. Secretary of Energy Jennifer M. Granholm, in collaboration with the governments of Japan and the United Kingdom.

Key Points: 
  • LANCASTER, Calif., Nov. 23, 2022 /PRNewswire/ -- The City of Lancaster, Hawai'i County, and Namie, Japan have won the U.S. Department of Energy's inaugural H2 Twin Cities Initiative with its H2 TRANS PACIFIC Team proposal to develop clean renewable H2 solutions for energy sustainability and strengthening ties across the Pacific.
  • Namie and Lancaster are the world's first renewable H2 cities, and have attracted corporate, government, and academic sponsors to help build out their infrastructure.
  • He thanked the Department of Energy for the H2 Twin Cities designation, which will bring resources and opportunities to green renewable H2 solutions.
  • The City also started its own utility company, Lancaster Energy, allowing residents to utilize local renewable energy at lower prices.

CGTN: China urges faster digital, green development among APEC members

Retrieved on: 
Sunday, November 20, 2022

Chinese President Xi Jinping urged on Friday for all APEC members to enhance economic and technical cooperation, speed up coordinated digital and green development.

Key Points: 
  • Chinese President Xi Jinping urged on Friday for all APEC members to enhance economic and technical cooperation, speed up coordinated digital and green development.
  • The region's status is globally significant, and achieving coordinated digital and green development is of vital importance.
  • Steady progress has also been made in cooperation on the digital economy among China and other APEC economies.
  • So far, over 40 million UnionPay cards have been issued in 10 ASEAN countries, among which seven are APEC members.

CGTN: China urges faster digital, green development among APEC members

Retrieved on: 
Sunday, November 20, 2022

Chinese President Xi Jinping urged on Friday for all APEC members to enhance economic and technical cooperation, speed up coordinated digital and green development.

Key Points: 
  • Chinese President Xi Jinping urged on Friday for all APEC members to enhance economic and technical cooperation, speed up coordinated digital and green development.
  • The region's status is globally significant, and achieving coordinated digital and green development is of vital importance.
  • Steady progress has also been made in cooperation on the digital economy among China and other APEC economies.
  • So far, over 40 million UnionPay cards have been issued in 10 ASEAN countries, among which seven are APEC members.