Tuesday, August 9, 2022

BYD is now the World’s Largest Producer of Electric Vehicles

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The position of the largest producer of electric vehicles worldwide has been seized by BYD from Tesla. In the first half of the year, BYD, a Chinese electric vehicle manufacturer founded by Warren Buffet’s Berkshire Hathaway, sold 641,000 more cars than Tesla did with 564,000 sales. Sales at BYD have increased by 300 percent when compared to the same time last year.

Tesla claims that the decline in trading is the result of supply chain problems brought on by lockdowns; in contrast to BYD’s plants, Tesla’s factories are located in areas subject to coronavirus limitations. Additionally, BYD is growing its market share for EV batteries, passing CATL to rank as the second-largest manufacturer, moving LG Energy up to third. Again, the lower output of LG Energy since April is attributed to lockdowns in China.

The Tang was the first BYD EV to reach Europe

BYD
credit: BYD

The 86.4 kWh battery powering the all-electric SUV has a range of up to 528 km (328 miles), and it can be quickly charged from 30 to 80 percent in 30 minutes.

The maximum speed of a motor with up to 380 kW of power and 680 Nm of torque is 180 kph (or 112 mph). The AWD vehicle has a 4.6-second 0–100 kph (0–62 mph) acceleration time. The BYD Tang, which debuted in Norway last year for 599,900 NOK (equal to €58,178 or US$59,998), is now up for pre-order in Europe.

Also Read: Virgin Orbit successfully launched its Rocket Carrying Seven Satellites

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Nivedita Bangari
Nivedita Bangari
I am a software engineer by profession and technology is my love, learning and playing with new technologies is my passion.

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