BYD has officially unveiled the updated Han 2027, an electric sedan featuring a next-generation battery and record-fast charging speeds.

BYD Co. Ltd. will raise the price of an advanced driver-assistance system package on some models in May as surging memory-chip costs squeeze the auto industry.

Chinese automakers, including BYD and Geely Automobile Holdings, reported much larger foreign exchange losses in the first quarter, as rising overseas sales and exports left them more exposed to a stronger yuan.

BYD has made headlines after selling its ultra-exclusive Yangwang U9 Xtreme for more than $2.76 million, marking the highest-priced production vehicle in the company’s history.

Earlier this week, we wrote a story on how Tesla is launching a new Supercharging Queue system to mitigate problems between drivers when there is a wait to charge.

BYD shares rose on Wednesday after China’s top electric vehicle maker clocked slightly better-than-feared earnings in the first quarter, while improving exports also offset steep declines in its domestic market.