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Future of Automotive Industry worth 104 million units by 2030 |...

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Automotive Industry, encompassing PV, LCV, and MHCV, size is projected to grow from 88 million units in 2024 and is projected to hit 104 million units by 2030, at a CAGR of 2.4%, according to a new report by MarketsandMarkets. The growth of the automotive industry is influenced by various factors such as adoption of electric vehicles, development and manufacturing of long-range batteries along with installation of fast and ultra-fast charging points, introduction of autonomous vehicles, deployme
BYD launches $33K Seal EV to challenge Toyota in its own backyard

BYD launches $33K Seal EV to challenge Toyota in its own...

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China’s leading automaker, BYD, is taking on Toyota in its home market. As it expands into Toyota’s territory, BYD launched...
BYD Launches Third EV Model In Toyota Homeground, Priced Aggressively To Compete Against Popular RAV4 PHEV - BYD (OTC:BYDDF), BYD (OTC:BYDDY)

BYD Launches Third EV Model In Toyota Homeground, Priced Aggressively To...

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BYD has started selling its Seal electric sedan in Japan, home to Toyota. It offers a maximum range of 404 miles and has an introductory offer for first 1,000 customers.

Nissan closes car plant in China

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The closure on Friday came amid the rapid spread of electric vehicles in China, which has led to serious sales slumps for Japanese automakers.

Why automakers are backtracking on their ambitious EV game plans

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The latest data from S&P Mobility finds that EV inventory at the end of April climbed 5.7% compared to the prior month and up 105% compared to a year ago. This despite steep discounting for EVs through most of the year.
Nissan feels the heat from BYD's EV price war in China

Nissan feels the heat from BYD’s EV price war in China

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Nissan is the latest victim of BYD’s “liberation battle” against gas-powered cars. After BYD’s aggressive price cuts this year, Nissan...

Nissan to close auto plant in China amid intensifying EV price...

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Nissan Motor Co. will close its passenger car factory in Jiangsu province in China, people familiar with the matter say.
Zacks Industry Outlook Highlights BYD and Honda

Zacks Industry Outlook Highlights BYD and Honda

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BYD and Honda are part of the Zacks Industry Outlook article.
Initial impressions of the BYD Seal after 10 days of ownership | Team-BHP

Initial impressions of the BYD Seal after 10 days of ownership...

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BHPian ManiPrakash recently shared this with other enthusiasts.Hey everyone,Got my Seal last Sunday. It's been 10 days of ownership and I can't contain my excitement to share with you all. It's a new model ...

VCTC Kicks Off Plugfest to Advance Digital Keys by Enhancing Ultra-Wideband...

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HEFEI, China, June 17, 2024--In a recent McKinsey Mobility Consumer Pulse survey, a majority of respondents, especially those in China, noted they are very likely to buy connectivity features in their next vehicle. In an effort to continually advance connected car technology, VCTC today will host a collaborative Plugfest to test digital keys in partnership with the CCC, a leading automaker and smart device standards group. Through this work, VCTC and the CCC, alongside the CCC’s global membershi