Etiqueta: Europe

BERLIN — Since April, a sharp hike in US tariffs on EU-made vehicles has dealt a heavy blow to Europe's auto industry, causing steep declines in the profits of Germany's biggest carmakers and prompting them to seek opportunities in Asia.

Sensor manufacturer Sensata Technology (NYSE:ST) reported Q2 CY2025 results beating Wall Street’s revenue expectations, but sales fell by 8.9% year on year to $943.4 million. The company expects next quarter’s revenue to be around $915 million, close to analysts’ estimates. Its non-GAAP profit of $0.87 per share was 4% above analysts’ consensus estimates.

Thirty years ago, 300-hp was plenty. Today, carmakers like BYD are offering a 3000-hp electric supercar that has Europeans standing up to pay attention.

The Atto 2 offers a range of up to 254 miles on a single charge and can recharge from 10% to 80% in just 38 minutes.

EV Daily | Tesla, BYD, Ford & Hyundai Shift Dynamics in EV Market Amid Price Drops and Launches

This article discusses how Chinese automaker BYD is outselling Tesla in key European markets due to a combination of factors, including the degradation of the Tesla brand because of Elon Musk's political activities, and BYD's advantages.

As we’ve reported recently, BYD’s ocean vessel fleet for shipping its EVs around the world just keeps growing. BYD recently launched its 7th vessel, and also just delivered its first batch of vehicles to the Philippines (1,500). BYD has clearly taken the lead on this, like many things, but now ... [continued]

BYD wants to attract younger drivers with its latest electric SUV. The new BYD Atto 2 launched in Hong Kong...

The new Yangwang U9, powered by four motors, features a peak power output of 555 kW per motor, 2.3 times that of the current U9's 240 kW.