➀ NVIDIA is developing the Thor chip for future EVs, partnering with Chinese EV companies like BYD and SAIC Motors. ➁ The Thor platform, with five versions, aims for a full transition by late 2025 or early 2026. ➂ NVIDIA is moving into the automotive market with its new Drive Thor chip.
Recent #BYD news in the semiconductor industry
➀ Researchers from RWTH Aachen University analyzed the battery designs of Tesla and BYD, two major players in the EV market, by disassembling their batteries.
➁ The study found that Tesla's batteries prioritize high energy density and performance, whereas BYD's focus on space efficiency and lower-cost materials.
➂ Despite differences, both batteries share some similarities such as using laser welding for connecting thin electrode foils.
➀ In 2024, EV and fuel cell vehicle sales grew by 25% to reach 16.9 million units, with China's market share expanding to 67%;
➁ Tesla maintained its top position in BEV sales, followed by BYD and SAIC-GM-Wuling, which saw significant growth;
➂ BYD dominated the PHEV segment with a 38% market share, and the industry is expected to see consolidation and potential mergers in 2025.
➀ EV sales in Q3 2024 increased by 19.3% year-on-year, with 4.123 million units sold; ➁ Tesla held the top position with an 18.5% market share, followed by BYD with 17.5%; ➂ Chinese brands Leapmotor and Chery made notable gains in global BEV sales.
➀ BYD, the world's leading NEV manufacturer, has become the market leader in Hungary's BEV segment for July, August, and September 2024; ➁ Sold over 1,000 BEVs in the first nine months of 2024; ➂ Achieved a 22.7% market share of BEV passenger car sales in September; ➃ The Atto 3 and Seal are the best-selling models; ➄ Planning to launch three new models in Hungary; ➅ BYD aims to build a nationwide dealer network in Hungary; ➆ BYD's Seal U DM-i is a new plug-in hybrid SUV.
➀ Tesla's BEV market share dropped from 19% to 17% in the first five months of 2024; ➁ BYD is just one point behind Tesla at 16%; ➂ The BEV portfolio of legacy automakers like Volkswagen and Geely-Volvo stood at 7 and 8 percent, respectively.