Etiqueta: Germany

After two years of headlines begging for failure, EV sales keep defying false media narratives that they are dropping, and continue to rise.

Overthe past two years, Volkswagen has shifted from being a 'global standard bearer' to an 'adopter of local innovation,' marking one of the most significant transformations in its history.

The Chinese EV giant has conquered global markets by selling millions of cars, but it hasn’t supercharged China’s soft power.

BYD is taking the long view, as it seeks to expand sales and production to many countries in Europe, South America, and the Middle East.

According to the German company, the Industrial Flex system, which is based on BYD’s MC Cube battery modules, brings the standardization and design principles of residential battery storage systems to commercial-scale applications.

BYD has benefited from a surge in plug-in hybrid sales over battery electric vehicles and a backlash against Elon Musk.

BYD reached a new monthly sales record in Germany for the second consecutive month in October, with figures surpassing 3,000 units again.

China's breakout EV giant now outsells Tesla in one of Europe's top electric car markets--and the gap is widening fast

Tesla's sales in Europe continue to decline, with a 10.5% decrease in September. BYD's sales surged by almost 400%.

A sign of how customers in the region are increasingly warming to the Chinese auto giant’s lineup of electric and hybrid vehicles.| Business News