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BYD seeks to shift mass market image with souped-up racetrack

Business World Philippines

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August 26, 2025

THE NAME BYD Co. is mainly associated with mass market electric vehicles (EV). A manufacturing behemoth that churns out more electric cars than anyone else on the planet, it’s a brand built on volume and affordability.

BYD cars have become a common sight on China's roads and a favorite among city taxi and ride-hailing drivers. It’s given rise to a popular joke — while BYD officially stands for “Build Your Dreams,” many quip it’s short for “Be Your Driver.”

Now, BYD is trying to rewrite that narrative, launching luxury models priced over $200,000. Its latest effort to shed its utilitarian skin has involved building an entire automotive racing and testing playground to bring potential customers from the street to the track.

MÁS HISTORIAS DE Business World Philippines

Business World Philippines

Business World Philippines

Second-gen, hybrid MG HS boasts long range, five-star safety ratings

IT WOULD BE no exaggeration to say that, as the initial hype over battery electric vehicles (BEVs) is plateauing for a number of reasons, hybrid powertrains are becoming sort of the de facto poster child for electrification. This is, of course, helped along by friendlier government policy, such as zero import duty on hybrids.

time to read

3 mins

December 01, 2025

Business World Philippines

IM Arca tops Asian U16 blitz tourney

INTERNATIONAL MASTER (IM) Christian Gian Karlo Arca saved the best for last as he topped the open Under-16 (U16) blitz section for the Philippines' lone gold medal in the 27th Asian Youth Chess Championships in Thailand.

time to read

1 min

December 01, 2025

Business World Philippines

DMW says Benilde campus to boost Aseana City growth

D.M. WENCESLAO and Associates, Inc. (DMW) expects the planned De La Salle-College of Saint Benilde campus in Aseana City to bolster the growth of its 107.5-hectare mixed-use estate in Parafiaque.

time to read

1 min

December 01, 2025

Business World Philippines

Business World Philippines

Uniqlo gives for the holidays

UNIQLO has given thousands of clothes to disaster relief efforts for the recent calamities that have struck the Philippines, as well as to farming communities.

time to read

1 min

December 01, 2025

Business World Philippines

Siakam buzzer-beater lifts Pacers past Bulls

PASCAL SIAKAM hit a 14-foot jumper at the buzzer and finished with 24 points and nine rebounds as the Indiana Pacers beat the Chicago Bulls, 103-101, on Saturday in Indianapolis.

time to read

1 mins

December 01, 2025

Business World Philippines

Business World Philippines

7 startups awarded by Startup QC Cohort 4

THE QUEZON CITY GOVERNMENT recognized seven outstanding startups with P1-million equity-free grants each during the Startup QC Cohort 4 Demo Day.

time to read

1 mins

December 01, 2025

Business World Philippines

Airlines finish Airbus software update

LOCAL AIRLINES have finished updating the software on their Airbus aircraft after an urgent advisory from the manufacturer prompted carriers to ground several planes.

time to read

2 mins

December 01, 2025

Business World Philippines

Retail infra considered missing piece as e-commerce wave builds

IMPROVEMENTS in infrastructure are needed to help Philippine retailers and merchants meet the rise in demand through e-commerce channels, according to web development and integration agency Dev Team.

time to read

1 mins

December 01, 2025

Business World Philippines

Business World Philippines

Hotel101 to open 429-room Milan condotel, its 2nd Europe property

HOTEL101 GLOBAL HOLDINGS Corp., the Nasdaq-listed hospitality arm of DoubleDragon Corp., is expanding further into Europe with a 429-room development in Milan, marking its second project in the region as it accelerates its international rollout.

time to read

1 mins

December 01, 2025

Business World Philippines

MGEN, ACWA to develop 125-MW solar farm in Iloilo

MERALCO POWERGEN Corp. (MGEN) and Saudi Arabia-based ACWA Power are moving forward with a planned 125-megawatt (MW) solar project in Concepcion, Iloilo in central Philippines, marking the first venture under their partnership.

time to read

1 min

December 01, 2025

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