Etiqueta: EV

A Chinese court awarded BYD 2 million yuan (279,000 USD) after ruling online accounts spread false information.

As Zach mentioned yesterday, the Guardian reported data from ACEA showing that Tesla sold 12,130 vehicles in Europe in November, down from 18,430 last year, while the overall market grew slightly. Tesla’s market share shrank from 2.1% to 1.4%. However, while Tesla staggered, BYD’s sales growth accelerated in the EU, EFTA and UK from 6,568 to 21,133 units in November over the year prior. Up 221%. More growth than any other automaker.It should be noted that this YoY growth came after the EU implemented supplemental BEV tariffs on top of the 10% base tariff, bringing the total to 27% for BYD. Politicians who thought that the tariffs might stop them are undoubtedly disappointed. BYD indicated that they had padded prices ahead of the tariffs in anticipation of their implementation and that they would not need to raise prices after the tariffs were announced. As such, the tariffs did not slow them down. While protectionism and the threat of protectionism undoubtedly inflate European prices overall, greater certainty lets companies like BYD build out viable business models. Their vehicles are still more than competitive, even when prices are inflated by politicians. However, because the added tariffs do not apply to PHEVs, those models have been growing faster. This is driving faster PHEV growth in 2025.

Recent registration data from Europe reveals a significant shift in the electric vehicle landscape, with Chinese automaker BYD posting explosive growth while

BYD (OTCMKTS:BYDDF) Shares Gap Down - Time to Sell?

Chinese electric vehicle maker BYD is set to release a model that will be able to drive up to 400 kilometres after just five minutes of charging, though experts warn of infrastructure challenges. Chinese electric vehicle maker BYD is set to release a model that will be able to drive up to 400 kilometres after just five minutes of charging. BYD’s super-fast charging capacity is made possible by an “all liquid-cooled megawatt flash charging terminal system.”

From EV battery giants in China venturing into shipbuilding to BYD’s ambitious plans in Brazil, here are seven EV stories you may have missed.

Europe’s electric vehicle market continues to gain ground: battery-electric cars exceed a 20% monthly share in November, BYD triples its registrations, and Tesla extends its loss of momentum, according to the latest data from ACEA.