Etiqueta: Elon Musk

Tesla vs BYD saga has pushed traditional automakers further away to the sidelines. But which of the two relatively new automakers have the biggest say in the EV world?

BYD Co Ltd overtook Tesla Inc in Q4 2023 as the world's biggest battery electric vehicle seller. Tesla, however, took back the title in Q1 2024 and has been holding on to it since.

BYD, one of the world’s leading EV manufacturers, surpassed Elon Musk’s Tesla in EV sales during the final quarter of 2023. Brazil, BYD’s largest overseas market, has been central to the company’s global expansion efforts.

More than 160 workers have been rescued, according to local prosecutors.

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Elon Musk, it is said, was encouraged by one of his sons to make the future look like the future. Hence the Cybertruck which we touched about a week ago. Yesterday, we had a ... [continued]

WASHINGTON (Reuters) -The top Democrat on the House of Representatives Appropriations Committee said on Friday that Republicans in Congress were protecting Elon Musk's Chinese investments by scrapping provisions restricting U.S. investments. Representative Rosa DeLauro said in a letter that Musk, CEO of electric car maker Tesla, may have upended the government funding process to remove a provision that would regulate U.S. investments in China given his "extensive investments in China in key sectors and his personal ties with Chinese Communist Party leadership, and calls into question the real reason for Musk’s opposition to the original funding deal."

The Asian giant’s dominance in the green sector has become a headache for the EU: it needs China’s products to meet decarbonization objectives, while simultaneously seeking to protect its industries and avoid becoming dependent on a foreign power

Chinese automaker BYD registered 1,393 new energy vehicles (NEVs) in the UK in November, a 422% surge from a year earlier allowing the company to set a new monthly record in the market.

Tesla dominates premium EV market, while BYD reshapes mid-tier and budget markets with affordability. Despite Tesla's bullish surge, BYD struggles.

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! It’s time to catch up on the most interesting and most exciting cleantech stories of the past week. As it turns out, some of the top stories were also top stories in other recent ... [continued]