Etiqueta: EU

Leading global plugin car brand BYD has announced fresh plans to deploy 15,000 megawatt charging stations across China.

BYD sold more cars in May than any other month this year, racking up 382,476 vehicle sales after cutting prices by as much as 34% in the final days of the month, according to a company statement Sunday. Out of the total, 376,930 were passenger vehicles. 204,369 were fully electric, while 172,561 were plug-in hybrids […]

BYD Expands Hungarian Presence with European HQ

Tesla's sales in Europe and the UK have plummeted by nearly half, according to a report by tech news outletTechCrunch on Tuesday. The European Automobile Manufacturers Association (ACEA) revealed that Tesla sold just 7,261 vehicles in the European Union (EU), European Free Trade Association (EFTA), and the UK in April, marking a steep 49% decline c...

China’s electric vehicle (EV) giant BYD Co. has ignited a fresh wave of competition in the world’s largest auto market by slashing prices by up to 34% on 22 electric and plug-in hybrid models.

Yahoo Finance is chronicling the latest news and updates on Trump's tariffs.

In April, Tesla sold 7,261 vehicles in the European Union, European Free Trade Association, and U.K., a 49% year-over-year decline.

Shares of Tesla Inc. (NASDAQ: TSLA) might be in for a rough week, according to fund manager Gary Black, following the announcement of steep discounts by the company's Chinese rival.

Shares of BYD plunged following steep discounts across several models, stoking fears of a renewed price war in China’s EV market. However, the Chinese automaker is still expected to maintain robust growth, particularly against global rival Tesla.