Etiqueta: Car sales

Zacks spotlights Tesla, Alphabet, and top Chinese EV makers as the Robotaxi race heats up with tech and scale advantages.

KG Mobility will deepen its ties with Chinese automakers like BYD and Chery Automobile in a bid to offer alternative electric options like hybrids and extended-range EVs at “reasonable prices.”

Ark Invest's Cathie Wood is raising questions over an unusual discrepancy in Chinese automaker BYD Company Ltd.'s reported delivery data, citing a roughly 20% gap between the company's vehicle deliveries and corresponding registration figures.

Maruti Suzuki has cut near-term production targets for its maiden electric vehicle e-Vitara by two-thirds because of rare earths shortages, a document showed, in the latest sign of disruption to the auto industry from China's export curbs.

It’s no secret — China’s electric vehicle market is the most developed in the world. Related to that, EVs account for about half of the country’s new car sales, and it’s a hyper-competitive market where many automakers are struggling to scale up, outcompete each other on price, and eventually make ... [continued]

China's car sales rose for a fourth consecutive month in May, but slower increases across major automakers highlighted concerns over aggressive price competition in the world’s largest auto market.

BYD registered a record 416 vehicles in Japan in May, with over 240 of them being the newly launched Sealion 7 electric SUV.

Plugin vehicles reach 22% share, or 1.5 million units, in April. Global plugin vehicle registrations were up 22% in April 2025 compared to April 2024. There were around 1.5 million registrations. More good news is that BEVs pulled further ahead of plugin hybrids, growing 26% YoY to 1 million units ... [continued]

The automotive industry is undergoing a seismic shift as the electric vehicle revolution gains momentum. In China, a dramatic transformation is taking place, with more than half of all new car sales now electric. Local brands such as BYD have rapidly ascended the ranks, now holding third place among global automakers. In contrast, legacy brands tha...