Automundo China

BYD has brought the Seal 06 DM-i hybrid sedan to Europe, including its wagon variant, renamed as the Seal 6 DM-i and Seal 6 DM-i Touring respectively.

China’s largest vehicle manufacturer, BYD Auto, has cut its full-year 2025 global sales target by 16% to 4.6 million units.

BYD does not have to pay steep per-automaker levies for China-made EVs when importing hybrids. By Stewart Burnett

LONDON/FRANKFURT/BERLIN (Reuters) -Chinese and European carmakers are set to face off at next week's Munich car show, reflecting intensifying competition on the continent that has pitted incumbents such as Volkswagen against EV giant BYD and newcomers GAC and Changan. This year's IAA Mobility, the continent's biggest biennial car show, comes as European automakers lose ground in China - the world's biggest market - in what some executives have described as a "Darwinian" price war. At the same time, to escape pressure at home Chinese automakers are expanding into Europe in search of profits, above all electric vehicle maker BYD, whose global sales soared to 4.2 million cars in 2024, up ten-fold from 2019.

Elon Musk doubled down on his robotics vision, predicting that Optimus will eventually represent approximately 80% of Tesla's total value.