Etiqueta: exports

Geely Automobile Holdings extended its sales lead over BYD for a second straight month as China’s EV market cooled. New research shows growing interest in Chinese brands like Geely among Gen Z car buyers, including for cost focused EVs. The shift points to changing consumer preferences at home and abroad, with younger shoppers more open to Chinese nameplates. Geely Automobile Holdings (SEHK:175) is drawing attention after pulling ahead of BYD again, even as China’s broader EV market slows...

BYD is attempting to reverse declines with disruptive charging technology and premium models amid six consecutive months of falling sales.

Tesla’s Chief Executive Officer Elon Musk commented on BYD’s sixth consecutive month of sales decline on Monday, calling it “tough sledding.”

BYD’s Dutch registrations rose 27.1% year over year to 319 vehicles in February, according to data published Sunday by industry association BOVAG.

BYD sales dropped heavily in February due to the Chinese New Year and regulatory changes, but exports remain a bright spot. By Stewart Burnett

Geely outsold BYD for 2nd consecutive month in Chinese automotive market amid the Tesla rival's sustained overseas growth.

BYD’s February NEV sales fell 41% YoY amid Lunar New Year disruption, but exports surged past 100,000 units for the fourth straight month.

BYD's February NEV sales totaled 190,190 units, marking the sixth consecutive month of decline.

BYD Co. reported a 41% drop in vehicle sales for February from a year earlier, after a record-long Lunar New Year holiday brought production and retail activity in China to a near standstill for much of the month.

A new survey finds that 38% of American car shoppers would consider a Chinese car if they had the option. 69% of Gen Z would cross-shop one.