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BYD Q3 profit jumps 28% on exports, but inventory balloons 60%
Chinese automaker BYD reported a strong profit increase in Q3 driven by heavy exports, though surging inventories and shrinking cash reserves raise questions.
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The latest news, analysis and stories about Electrek — TECC.UZ.
111 articles
Tech
CATL pushes ahead with 20 Ah solid-state EV batteries
Global battery leader CATL has achieved a major milestone in solid-state battery development, advancing to 20 Ah cells with an eye on small-scale production by 2027.
AI
Tesla’s rocket-shaped Robotaxi map in Houston is partly 'fake'
Tesla's new rocket-shaped service area in Houston includes downtown zones where the autonomous vehicles won't actually pick up passengers.
Tech
Ford casts over 5,000 unicastings for Fathom EV truck in a Tesla-style shift
Ford has produced over 5,000 large aluminum unicastings for its upcoming $28,350 Fathom electric pickup as it fine-tunes manufacturing ahead of a 2027 launch.
Tech
BYD updates its $10,000 EV with high-speed tire blowout stabilization
BYD has updated its entry-level Seagull EV, starting at around $10,000 in China, with a new safety system designed to stabilize the vehicle during a high-speed tire blowout.
AI
Tesla partners with car rental platform Turo for Full Self-Driving test drives
US renters will soon be able to specifically search for Teslas with 'Full Self-Driving' enabled through a direct integration launching on October 28.
Tech
BYD opens pre-orders for its first luxury electric SUV with over 1,000 km CLTC range
BYD has officially launched pre-orders for the new Denza N8, a luxury five-seat electric SUV boasting a CLTC range of over 1,000 km.
Tech
Volkswagen’s new electric Jetta offers strong range for under $12K in China
Volkswagen is making waves in China with the new Jetta M6 electric sedan, boasting nearly 290 miles of range for a price tag under $12,000.
Tech
BYD's Rolls-Royce-like flagship EV is heading overseas
BYD is taking its largest and most luxurious electric sedan, featuring coach doors and a Rolls-Royce-inspired design, to international markets.
AI
Tesla now says it needs its own maps for FSD after years of dismissing maps
Tesla is building its own custom maps to fix common Full Self-Driving issues, marking a major shift from its previous stance.
AI
Tesla pushes unsupervised FSD to Q2 2027, restricted to Robotaxi zones
Tesla's long-promised unsupervised Full Self-Driving for customer cars is now slated for Q2 2027, but with strict operational boundaries.
AI
Tesla wants to sell you a useless car with no steering wheel this year
Tesla announced plans to sell its Cybercab to consumers by the end of this year, sparking major questions about its usability.
Tech
Tesla blames battery supply for flat sales, but its prices keep falling
Tesla claims that a shortage of batteries is holding back its car sales, reporting a massive backlog. However, analysts point out that the company's financial figures and falling prices contradict this narrative.
AI
Lucid’s 25,000 Bolt robotaxis to run on Nvidia’s self-driving software
Bolt announced that its fleet of at least 25,000 autonomous Lucid vehicles will run Nvidia’s Alpamayo Stack self-driving software.
Tech
Tesla and SpaceX take first step towards merger
Tesla and SpaceX have formed special corporate committees to explore a potential merger, a move that could significantly impact global shareholders.
Tech
Tesla prepares to release Q3 2026 financial results amid profit drop forecasts
Tesla will report its Q3 2026 financial results tomorrow. Wall Street expects flat revenue and a 10% drop in earnings per share.
Tech
BYD launches new Seagull EV with 5-minute Flash Charging, starting under $10,000
BYD has introduced its cheapest electric vehicle in China, the new Seagull EV, featuring 5-minute Flash Charging and an ultra-low starting price.
Tech
Tesla proxy filing points to a board aligning for a SpaceX merger
Tesla's proxy statement for the 2026 annual meeting reveals key board overlaps and voting terms that hint at a potential merger with SpaceX.
Tech
Mercedes-AMG unveils electric GT SUV with 1153 hp and 710 kW charging
Mercedes-AMG has introduced a high-performance electric SUV featuring three motors and ultra-fast charging capabilities.
Tech
Electrek Podcast focuses on the Tesla Roadster in its latest episode
The latest episode of the Electrek Podcast dives into the Tesla Roadster unveiling and covers other top stories in sustainable transport and energy.
Tech
Buyers would rather wait for Chinese EVs than buy Western ones
A new survey reveals that Canadian EV customers are delaying purchases while waiting for Chinese electric vehicles to arrive, bypassing Western automakers entirely.
Tech
Tesla crashes into CHP patrol car while driver was asleep on FSD
Two California Highway Patrol officers were injured after a Tesla running on Full Self-Driving crashed into their patrol car on Interstate 80.
Tech
An updated technical look at Tesla's new generation Roadster
Tesla has officially re-unveiled its next-generation Roadster, showcasing updated design and incredible performance metrics.
Tech
Tesla unveils Cyberfied new Roadster that can kickflip
Tesla has showcased a cyberfied version of its next-generation Roadster, featuring cold-gas thrusters capable of performing aerial stunts.