Etiqueta: Car sales

The Sealion 07 EV, locally renamed Sealion 7, is the 5,000th passenger car sold by BYD in Japan.

BYD's Production Slowdown and Sales Volatility: A Strategic Inflection Point for Investors?

BEIJING (Reuters) -BYD's vehicle production fell 0.9% in July from a year earlier, ending a 16-month growth streak that has catapulted the Chinese automaker into the world's largest electric vehicle maker. BYD made 317,892 EVs and plug-in hybrids globally last month, down 0.9% in its first decline in more than a year, while sales edged up 0.6% to 344,296 vehicles, slowing sharply from a 12% increase in June, according to a monthly filing with the Hong Kong stock exchange. With electric car sales accounting for 41% of its more than 4 million vehicle sales last year, BYD has overtaken the U.S. EV specialist as the world's top EV seller.

As tarifffs continue to wreak havoc on the car manufacturing industry, with even giants like Ford (FORD) being affected, Chinese EV maker Zeekr (ZK) is having to adapt to the times.  Watch as Ramzan Karmali interviews Lothar Schupet on Market Sunrise.

Chinese automaker BYD has again reshaped Singapore’s automotive landscape, dethroning long-standing market leaders and significantly impacting both European luxury brands and U.S. electric vehicle (EV) pioneer Tesla. Driven by aggressive pricing, a diverse EV lineup, and swift responses to market demand, BYD has become the clear frontrunner in the highly ... [continued]

Auto brands in China accused of inflating sales figures amid fierce competition to meet sales targets, leading to misjudgment of demand.

BYD currently looks like it will undershoot its annual sales target for 2025, in what would be a rare miss after a multi-year bull run.

Shanghai (Gasgoo)- China s Ministry of Finance and State Taxation Administration jointly issued a new notice on July 17, announcing a significant adjustment to

The Chinese government has previously said automakers will have to repay subsidies that they have been found to have claimed improperly

RIYADH: Chinese electric vehicle giant BYD Co. is aiming to triple its presence in Saudi Arabia after Tesla Inc.’s recent market entry, the firm’s managing director for the Kingdom has announced.