Etiqueta: EV

MUNICH (Reuters) -Chinese car makers are making inroads in Europe and executives say they are in the region to stay, underscoring a key reversal as brands from BYD to SAIC take market share on a continent where they once struggled to make sales. At this week's IAA Mobility car show in Munich, China's auto firms - facing a tough price war at home - were increasingly bullish about their plans for Europe, dominated still by local brands such as Volkswagen and Renault. "Everything we do starts with the needs of European users," said GAC's president of international operations Wei Haigang as the Chinese automaker showed off the Aion V electric SUV that will start sales in Poland, Portugal and Finland this month, and the Aion UT set to go on sale in Europe next year.

BYD looks poised to pull further ahead of Toyota Motor and Tesla in Singapore after the government extended two major electric vehicle incentive programs to push drivers toward cleaner cars. In a joint statement on Monday, the Land Transport Authority and National Environment Agency said the Vehicular Emissions Scheme will now run through the end o...

Tesla climbed three spots , while Xiaomi EV entered the top 10 NEV sales list for the first time.

Chinese automakers like BYD Co. look set to tighten their grip on Singapore’s market, after the city-state extended electric vehicle incentives for at least another 12 months.

Beijing has called time on a bruising prices battle the EV maker was arguably leading

BYD is so serious about Europe, it's even getting into the wagon business.