Etiqueta: Geely

Chinese automakers BYD, MG, and Leapmotor hit record 9.8% hybrid sales share in Europe, shifting focus amid tariffs and EV competition.

BYD posts first monthly sales decline in 2025 as rival EV makers set record deliveries amid strong market competition in China.

BYD delivered 393,060 units in September, marking an almost a 6% decline year on year.

BYD just took its first hit in 19 months. The automaker’s September sales dropped 5.5% year-on-year, with just over 396,000 cars sold, according to its Hong Kong stock filing on Wednesday. This is the first year-on-year decline since the streak began, and it’s happening while China’s domestic demand weakens and government pressure ramps up against […]

This marks the first year-on-year decline in BYD's monthly NEV sales since March 2024, with PHEV sales falling 25.58 percent.

The automotive industry is a critical pillar of China’ s national economy. With an exceptionally long industrial chain - extending upstream to resource development, spanning midstream through...

Turin’s air was cleaner than it during its industrial peak, but around half the 50-plus brands and more than half the production cars on show were Chinese.

BEIJING (Reuters) -Chinese electric car makers invested more abroad than at home for the first time in 2024, new data from Rhodium Group showed on Wednesday, as fierce domestic competition makes it almost impossible for manufacturers to turn a profit. Automakers have benefited from years of subsidies and other government policies aimed at making China a global automotive power and the world's leader in electric vehicles, but overcapacity and aggressive price cutting have sent the industry into a tailspin. Automakers in the world's No. 2 economy are locked in relentless price wars that are deepening deflationary pressures, while fears of a flood of cheap Chinese cars have sparked trade tensions with key partners — strain the export-driven economy can ill-afford amid U.S. President Donald Trump's tariffs.