China’s top-selling electric-vehicle maker will embed Stingray’s karaoke app in models sold across a dozen countries in 2023. The companies also agreed to roll out Stingray’s technology in the rest of BYD’s cars in the coming years, though they did not specify a timeline. (The Logic)
Talking point: The Montreal-based company powers the playlists and in-store audio ads for Loblaw and other retailers, and has increasingly looked to EVs as its next big area of business, striking deals with Tesla, VinFast and Audi. A Stingray executive told The Logic earlier this year that the company’s car apps can get 500,000 plays per weekend and close to 10 million plays in a month, with Disney songs among the most popular. Berkshire Hathaway-backed BYD sold 552,076 EVs and hybrids in the first quarter, up nearly 93 per cent—a quick-growing customer base for Stingray. Meanwhile, Winnipeg-based bus maker NFI said Tuesday that a collaboration with BYD in the U.K. just shipped its 1,500th electric bus.