Etiqueta: BYD

The launch adds fresh competition in China’s crowded premium SUV market, where Li Auto and Xpeng are also pushing new models to challenge Tesla’s dominance.

The Tai 7 is expected to be priced between RMB 250,000 ($34,990) and RMB 300,000, overlapping with the Bao 5.

CATL and BYD collectively installed 326.4 GWh of EV batteries in January-July 2025, accounting for 55.3 percent of the global total.

The Munich auto show is approaching. While some foreign media outlets may seize the opportunity to highlight the “competition” posed by China, it is important to recognize that behind Chinese vehicles is an evolving supply chain built on China-Europe cooperation.

It’s out-of-date, nonsense vapourware.

High prices, Trump tariffs, and showroom foot traffic that isn't converting--Tesla's entry into India is off to a rocky start.

In China's EV market, consumers are shifting from Tesla and BYD amid sales declines—Tesla down 5% and BYD 14.3% in August—due to economic slowdowns, aging products, and CEO controversies. Emerging rivals like Xiaomi and Zeekr gain ground with innovation and pricing, prompting industry leaders to adapt through diversification and new strategies.

Tesla's sales in key European markets have declined for eight straight months, with sharp drops in France (47.3%), Sweden (84%), and Denmark (42%), amid rising competition from BYD and an aging product lineup. Consumer backlash against Elon Musk exacerbates the slump, threatening Tesla's global position despite gains in Norway and Spain.

Tesla’s (TSLA) European sales plunged 40% in July 2025, while BYD surged 225% to overtake it for the first time, signaling a major power shift in the region’s booming EV market.