Automundo China

The country’s rapid embrace of electric cars left Geely scrambling for second place.

U.S. and Chinese electric vehicle giants report sharp Q1 delivery declines

Tesla posted its first annual drop in sales since the first year of the pandemic, as increased electric vehicle competition from Chinese and Western automakers ate into demand.

Chinese EV makers are offering incentives to compete with Tesla and Xiaomi's entry into the market.

Tesla has once again outpaced Chinese automotive giant BYD in quarterly sales, after China's largest EV maker briefly outsold the...

Tesla's quarterly deliveries fell more than 8% from last year as the EV maker struggles in a market saturated by cheaper Chinese models.

Back in 1995, BYD Company Limited (OTC: BYDDY) was a battery manufacturer. Today, BYD is China’s leading EV seller who even stole the quarterly crown of the EV king, Tesla Inc (NASDAQ: TSLA) during the last three months of 2023 as it became the world’s largest EV seller. The rise of BYD, as well as of startups, XPeng Inc (NYSE: XPEV), Li Auto Inc (NASDAQ: LI) and Nio Inc (NYSE: NIO) is a reflection of China’s growing dominance on the EV front. March data During the first quarter, BYD sold 626,26

(Bloomberg) -- Tesla Inc. had Wall Street analysts second-guessing their models as the first quarter came to a close. One after another reduced their estimate for vehicle deliveries.Most Read from BloombergA Million Simulations, One Verdict for US Economy: Debt Danger AheadTrump Media’s Business Doesn’t MatterIran Vows to Punish Israel for Strike on Embassy in SyriaTesla Disappoints Analysts by Most Ever in Brutal Blow for EVsCaribbean Golden Passport Cost Soars to $200,000 on EU CrackdownThey d