Etiqueta: bmw

BYD's Profit Decline and the Risks of an Uncontrolled Chinese EV Price War: Assessing the Sustainability of a High-Stakes Growth Strategy

BYD is set to end the reign of Tesla's electric vehicle dominance with the release of a brand new model to the European market earlier this month

Cheaper Chinese EVs grab record share in growing market

Tesla's troubles across the pond in Europe are worsening. Per the European Automobile Manufacturers' Association, Tesla EV registrations (a proxy for sales) in Europe fell to just 8,837 units in July, a 40.2% drop compared to a year ago. Meanwhile, overall EV registrations in the region, which includes the UK and the European Free Trade Association, rose 33.6% in July, with overall registrations up 5.9%.

BYD Yangwang U9 hypercar has set a new world record for electric vehicles by reaching 472 km/h, surpassing its previous Chinese record.

The EV maker led 2024 sales but its pricing and lack of local manufacturing raise concerns.

Thinking about investing in the EV revolution? BYD isn't just China's biggest EV maker anymore -- it's quietly becoming a global player.

Xiaomi's EV Gambit: Leveraging Ecosystem and Loyalty to Challenge Tesla and BYD

The Korean EV market is showing signs of emerging from a stagnant period in the first half of this year, with brands such as Tesla, Polestar, and BYD exhibiting notable growth rates. According to industry data on Thursday, Tesla's cumulative sales from January to July reached 26,569 units, accounting for 62.3% of the total imported EV sales (42,613...