Automundo China

Three models are $2,000 cheaper in the US, while the self-driving software now costs $8,000.

Five hundred horsepower for fifty lakh rupees used to be an equation reserved for those daring enough to tinker with tuning companies in India's automotive scen

STORY: Tesla is slashing prices in key markets including China and Germany, as it faces increasingly stiff competition in the market for electric cars.That follows price cuts in the U.S. last week, and a report by Tesla's billionaire CEO Elon Musk this month that global vehicle deliveries in the first quarter fell for the first time in nearly four years. Musk posted on X on Sunday that quote “Tesla prices must change frequently in order to match production with demand.” Tesla’s website showed on Sunday it had reduced the price on some of its models in China and Germany by around $2,000 dollars. A Tesla spokesperson said there were also cuts in other countries across Europe, the Middle East and Africa. Tesla has been slow to refresh its aging models as high interest rates have worn down consumer appetite for big-ticket items, while rivals in China, the world's largest auto market, are rolling out cheaper models. Musk said last Monday that Tesla will lay off more than 10% of its global workforce as the automaker braces for its first annual drop in deliveries.The company's shares have fallen by over 40 points so far this year.

BYD Australia wants to bulk out its SUV line-up, and is targeting rivals for the Toyota RAV4, Nissan Patrol, and more.

Tesla has reduced prices in several of its major markets, including China and Germany, following price reductions in the United States. This move comes as the company battles declining sales and an escalating price war for electric vehicles, particularly against Chinese EVs.

Chinese electric auto-giant BYD has released a bold supercar concept through its premium Fang Cheng Bao brand. The Super 9 rocks no roof, the barest hint of windscreen, and lascivious scissor doors – and it's apparently headed for production.

BYD Unveils BYD Shark: Chinese electric vehicle manufacturer BYD has unveiled its latest innovation, the BYD Shark electric pickup truck. The announcement, made via the company's Weibo account on Monday, introduces a groundbreaking feature: the Dual Mode Off-Road (DMO) plug-in hybrid system, designed to enhance off-road driving capabilities.The BYD Shark is poised to make waves in the electric vehicle market, with its cutting-edge technology and sleek design. While specific pricing details have yet to be disclosed by BYD, anticipation is high ahead of the upcoming Beijing Autoshow, set to commence on Thursday.This strategic unveiling underscores BYD's commitment to pushing the boundaries of electric vehicle technology and meeting the evolving demands of consumers. The incorporation of the DMO system aims to elevate the off-road driving experience, positioning the BYD Shark as a versatile and competitive option in the pickup truck segment.As the electric vehicle market continues to expand globally, BYD's latest offering signals its determination to remain at the forefront of innovation. With the BYD Shark, the company not only seeks to captivate consumers but also to reinforce its reputation as a leader in sustainable transportation solutions. With Reuters Inputs

China’s electric car giant Build Your Dreams (BYD) has introduced its third and most powerful electric vehicle in India with the Seal electric sedan. Priced between ₹41 lakh and ₹53 lakh, it promises to offer exhilarating performance, eradicate range anxiety and features that even some of the luxury EVs do not offer. Is Seal the biggest deal for BYD in India Here is our first drive review.