BYD

BYD, the Chinese EV manufacturer, has a contingency plan to address potential disruptions to its Nvidia chip supply, despite no current directive from the Chinese government to cease their use. According to Executive VP Stella Li, BYD’s vertical integration and strong in-house technology offer backup solutions, similar to how they navigated the Covid-19 semiconductor shortage. While Nvidia’s automotive chips are currently unaffected, a potential ban in China could significantly impact the autonomous driving ecosystem, prompting domestic chip development and posing challenges for automakers reliant on Nvidia.

BYD believes Western automakers lag behind in EV technology despite claims from Volkswagen and Mercedes-Benz of their competitive readiness. BYD cites its early entry into the Chinese market, in-house battery production (like its Blade Battery), and China’s robust EV supply chain as key advantages. BYD’s Stella Li emphasizes the company’s continued “room to develop,” indicating confidence in maintaining its technological lead, while Western manufacturers face challenges in adapting to the competitive EV landscape, especially in battery technology and supply chain efficiency.

BYD reported record first-half 2025 revenue of ¥371.3 billion, surpassing Tesla for the first time. The company emphasized strengthening industry collaboration through proactive coordination, optimizing payment terms, and fostering a mutually beneficial ecosystem for stakeholders. BYD highlighted its already low DPO and further reductions compared to 2024, prioritizing prompt supplier payments. This follows a commitment by BYD and other Chinese automakers to limit payment terms to 60 days, addressing concerns about supply chain pressures and promoting sustainable industry growth.

Tesla’s European sales plummeted 40% in July, marking the seventh consecutive month of decline despite overall BEV market growth. Chinese competitor BYD surged with a 225% increase. Intensifying competition, potentially coupled with brand impact from Elon Musk’s public persona and ties to the Trump administration, are contributing factors. Tesla’s global performance faces scrutiny, with concerns about its aging vehicle lineup. BYD’s aggressive European expansion, capturing over 5% market share, intensifies the pressure on Tesla and legacy automakers.

BYD’s Branding Head, Li Yunfei, emphasized the company’s focus on internal development and avoidance of direct attacks on competitors, drawing a parallel to the defensive martial art Wing Chun. He advocated for healthy competition in the vast Chinese and global auto markets, discouraging malicious disparagement. Li urged BYD enthusiasts (“Di-fans”) to positively promote Chinese brands and avoid unproductive online disputes. This philosophy, echoed by Chairman Wang Chuanfu, reflects BYD’s core corporate culture of fair play and constructive growth.

BYD’s Zhengzhou Speedway opening highlighted China’s dominance in NEV technology. CAIC rankings show Chinese companies, particularly BYD, leading in new energy, hybrid, and pure electric patent authorizations. BYD’s R&D (over 120,000 employees, averaging 45 daily patent filings) drives innovation, including the Blade Battery and advanced hybrid tech. This technological prowess fuels BYD’s sales, with significant domestic and overseas growth, solidifying China’s rising influence in the global NEV market.

BYD has officially named its first fleet of eight transport vessels, marking a significant step in establishing a global logistics network. Seven ships are operational, with “Jinan” entering sea trials. The standardized design of vessels like “Pioneer 1,” “Shenzhen,” and “Zhengzhou” promises streamlined costs and efficient operations. This dedicated fleet addresses international logistics challenges amid BYD’s surging overseas EV sales and leverages domestic manufacturing hubs, signaling its commitment to global market leadership.

BYD has entered the Fortune Global 500 list for 2025, ranking 91st. This is the fourth consecutive year BYD has climbed the prestigious ranking, signifying the electric vehicle and battery manufacturer’s continued growth and success on a global scale.

Videos circulating online show BYD Chairman Wang Chuanfu visiting the Xiaomi Auto factory, accompanied by Xiaomi CEO Lei Jun. Lei acted as Wang’s “tour guide,” hinting at closer ties between the tech and auto giants. The presence of Shunwei Capital’s Hu Zhengnan further emphasizes the visit’s strategic nature. BYD already supplies batteries for Xiaomi’s SU7, and Wang has publicly supported Xiaomi’s EV venture. This visit may indicate an expansion of their partnership or new alliances in the EV market.

South Korean investors are increasingly investing in Chinese equities, with over $5.4 billion traded year-to-date, making China their second-largest overseas investment destination. Xiaomi Group is the most popular stock, followed by BYD and CATL. Pop Mart also sees growing interest. The China Universal CSI Robotics ETF is favored in A-shares. This shift is likely due to the performance of Chinese tech and emerging industries, coupled with Korea’s strong KOSPI performance fueled by its tech sector dominance and government policies.