Automundo China

Tesla reclaims its $1 trillion market cap, but alarming sales data from China raises concerns. With a significant drop in Model Y sales and fierce competition from local EV brands, investors are cautious about Tesla's growth prospects.

Tesla's recent sales performance in Germany has raised significant concerns, with only 885 vehicles sold in April 2025, a staggering 46% decline

The next-generation P7 will start from about US$41,630 and hit the mainland Chinese market in July or August.

More than one in four cars sold worldwide in 2025 will be electric, according to the latest projections from the International Energy Agency, and will reach 40 per cent of all new cars by 2030.

Shanghai (Gasgoo)- On May 15, 2025, BYD officially announced the establishment of its European headquarters in Budapest, Hungary. Speaking at the event, BYD Ch

Retail sales of passenger vehicles in China reached 2.084 million units in June, up 18.1 percent year-on-year and up 7.6 percent month-to-month, according to data released by the China Passenger Car Association (CPCA) on Tuesday.

Chinese electric vehicle (EV) giant BYD said on Friday that it has opened a European center in Hungary, a milestone of China-EU cooperation in the field of new energy against the background of frequent high-level meetings between China and the EU.

Bosch, ZF, Forvia, Valeo and other European suppliers are cutting jobs and closing factories as the automotive supply chain undergoes a seismic shift.

BYD, China’s top automaker, plans to sell half of its cars outside China by 2030,...

Consumer Boycott, Chinese BEVs Drive Tesla’s European Slump