In January 2024, Beijing Hyundai sold its Chongqing plant. Hyundai's production facilities in China have been reduced to three plants (including one that is being shut down). Correlation of capital tie-ups among major auto companies in the Chinese market (surveyed in March 2025) Note 1: BTET (BYD TOYOTA EV TECHNOLOGY Co., Ltd.) ------------------ Keywords:China, EV, BYD, Geely, SAIC, FAW, GAC, Changan Auto, Dongfeng Motor, Jiangling M...

Market & Tech Reports  Updated at: 2025/04/04

10°C using a 90kW fast charger has been shortened by approximately 25 minutes (when charging from SOC 10 to 80%). The concept has already been adopted in the Toyota bZ3 battery electric compact sedan, an BEV jointly developed by Toyota, BYD Auto and FAW Toyota through the BYD Toyota EV Technology (BTET) joint venture, and Toyota is now working to bring this optimal technology closer to the global market.   To review the trends in these systems,...

Market & Tech Reports  Updated at: 2024/04/23

ies in the Chinese market, where electrified vehicles are rapidly developing.   With IEM by TOYOTA (Intelligent ElectroMobility R&D Center by TOYOTA (China) Co., Ltd. (renamed from the former Toyota Motor R&D Center (China) Co., Ltd.)) at the core, the R&D departments of FAW Toyota and GAC Toyota, BTET (a joint R&D company with BYD Co., Ltd.), as well as Denso Corporation and Aisin Corporation will participate in local development. The results o...

Market & Tech Reports  Updated at: 2023/08/18

and Europe in the summer, and in China in October. In March 2023, the second in the series, the bZ3, was launched in China.   In November 2019, Toyota signed an agreement with BYD to jointly establish a joint venture company for research and development of EVs. BYD TOYOTA EV TECHNOLOGY Co., Ltd. (BTET) was established to jointly develop models after the bZ3.   bZ3 sedan launched in China   In October 2022, Toyota announced the second model in...

Market & Tech Reports  Updated at: 2023/07/14

, designed and produced in-house. In addition, in January 2021, the company announced the "DM-i" PHV technology. In terms of partnerships with foreign equity capital, in 2019, the company formed a long-term alliance with Toyota to establish a 50:50 joint venture, BYD Toyota EV Technology Co., Ltd. (BTET) for the joint development of battery electric vehicles (BEVs) and batteries.   In February 2022, the BYD Group unveiled its new logo. The logo ...

Market & Tech Reports  Updated at: 2022/03/04

hway driving assistance and V2X (vehicle to everything) in the autonomous driving area. BYD Establishment of EV R&D company with Toyota - On April 2, 2020, Toyota Motor Corporation (Toyota) and BYD Auto Co., Ltd. (BYD) established the joint venture company BYD Toyota EV Technology Co., Ltd. (BTET) for the research and development of electric vehicles. It is a 50:50 joint venture headquartered in Shenzhen with 300 employees. Business operat...

Market & Tech Reports  Updated at: 2020/05/21