Automundo China

For the first half of 2024, the Tesla Model Y has become the best-selling EV in China. Tesla achieved this honor by beating out the BYD Seagull, which has a starting price of $9,700. At the same time, Tesla is also increasing Model 3 prices in Europe.

BYD Agrees $1 Billion Tariff-Dodging Car Plant in Turkey

Tesla’s Model Y has achieved a significant milestone, becoming the best-selling new energy vehicle (NEV) in China for the first half of the year.

Chinese social media influencer Cai Jia issued a public apology to Tesla on Tuesday, following a reputational infringement lawsuit that concluded with a court-ordered apology and financial compensation by Cai.

China’s BYD, the world’s largest electric vehicle (EV) producer, has signed a deal with Türkiye’s industry and technology ministry to build a $1 billion factory in the country with a capacity for manufacturing 150,000 vehicles. The investment will also include a mobility and research and development (R&D) center. The BYD Türkiye factory is expected to […]

Chauhan, who has worked in Honda Cars India and Volvo Car India on earlier stints, will spearhead the overall electric passenger vehicle business of BYD India.

BYD plans to open a $1 billion factory in Turkey that is expected to begin production by the end of 2026.

In the first half of 2024, BYD was No. 1 in China's NEV market with a 33.8 percent share, while Tesla was No. 3 with a 6.8 percent share.