Skip to content
Search AI Powered

Latest Stories

EV maker BYD makes 6 millionth vehicle

Chinese automotive giant manufactures goods in China, the United States, Canada, Japan, Brazil, Hungary, and India

BYD Screen Shot 2023-11-27 at 11.41.08 AM.png

Electric vehicle manufacturer BYD rolled its six millionth “new energy vehicle” off the assembly line at the Chinese company’s Zhengzhou factory on Friday, the company said.

The electric vehicle vendor had reached the five million mark just three months ago, including passenger cars as well as Class 8 trucks, yard tractors, and forklifts.


The 6 millionth vehicle was a BAO 5-model “super hybrid hardcore SUV” that is sold under BYD’s professional personalized sub-brand, Fangchenbao. The company’s other brands include the Dynasty and Ocean series and the Denza and Yangwang lines.

BYD’s battery-powered products for the logistics and transportation markets include the 8TT class 8 daycab tractor, 8Y class 8 terminal tractor, and 6F class 6 cab & chassis, as well as the forklift models ECC32, EC22, PMW20, ECB 16/18, ECB 40/45/50, ECB 30/35, and ECB 25/27.

Founded in 1995 as a rechargeable battery maker, BYD now runs over 30 industrial parks in China, the United States, Canada, Japan, Brazil, Hungary, and India. Since 2010, BYD says it has been actively expanding its global presence, introducing new energy buses and taxis for public transit electrification, now operating in over 400 cities across more than 70 countries.
 

 

 

 

The Latest

More Stories

U.S. shoppers embrace second-hand shopping

U.S. shoppers embrace second-hand shopping

Nearly one-third of American consumers have increased their secondhand purchases in the past year, revealing a jump in “recommerce” according to a buyer survey from ShipStation, a provider of web-based shipping and order fulfillment solutions.

The number comes from a survey of 500 U.S. consumers showing that nearly one in four (23%) Americans lack confidence in making purchases over $200 in the next six months. Due to economic uncertainty, savvy shoppers are looking for ways to save money without sacrificing quality or style, the research found.

Keep ReadingShow less

Featured

CMA CGM offers awards for top startups

CMA CGM offers awards for top startups

Some of the the most promising startup firms in maritime transport, logistics, and media will soon be named in an international competition launched today by maritime freight carrier CMA CGM.

Entrepreneurs worldwide in those three sectors have until October 15 to apply via CMA CGM’s ZEBOX website. Winners will receive funding, media exposure through CMA Media, tailored support, and collaboration opportunities with the CMA CGM Group on strategic projects.

Keep ReadingShow less
xeneta air-freight.jpeg

Air cargo carriers enjoy 24% rise in average spot rates

The global air cargo market’s hot summer of double-digit demand growth continued in August with average spot rates showing their largest year-on-year jump with a 24% increase, according to the latest weekly analysis by Xeneta.

Xeneta cited two reasons to explain the increase. First, Global average air cargo spot rates reached $2.68 per kg in August due to continuing supply and demand imbalance. That came as August's global cargo supply grew at its slowest ratio in 2024 to-date at 2% year-on-year, while global cargo demand continued its double-digit growth, rising +11%.

Keep ReadingShow less
littler Screenshot 2024-09-04 at 2.59.02 PM.png

Congressional gridlock and election outcomes complicate search for labor

Worker shortages remain a persistent challenge for U.S. employers, even as labor force participation for prime-age workers continues to increase, according to an industry report from labor law firm Littler Mendelson P.C.

The report cites data showing that there are approximately 1.7 million workers missing from the post-pandemic workforce and that 38% of small firms are unable to fill open positions. At the same time, the “skills gap” in the workforce is accelerating as automation and AI create significant shifts in how work is performed.

Keep ReadingShow less
stax PR_13August2024-NEW.jpg

Toyota picks vendor to control smokestack emissions from its ro-ro ships

Stax Engineering, the venture-backed startup that provides smokestack emissions reduction services for maritime ships, will service all vessels from Toyota Motor North America Inc. visiting the Toyota Berth at the Port of Long Beach, according to a new five-year deal announced today.

Beginning in 2025 to coincide with new California Air Resources Board (CARB) standards, STAX will become the first and only emissions control provider to service roll-on/roll-off (ro-ros) vessels in the state of California, the company said.

Keep ReadingShow less