Etiqueta: Industry

Toyota maintains its position as the top-selling automaker with 10.82 million vehicles sold, despite a significant domestic sales drop. A 21.1% increase in Toyota’s hybrid sales highlights a global shift toward eco-friendly transportation, especially in North America. BYD, a leader in the electric vehicle market, reports a 41.3% increase in global sales, surpassing industry veterans like Honda and Nissan. BYD’s success is attributed to effective pricing strategies and innovative technologies. The automotive industry is undergoing a pivotal transformation focused on sustainability and electrification. The automotive landscape of 2024 is evolving rapidly, marked by a thrilling clash of industry giants. Once

BYD Co. has marked its place as the fourth-largest automaker globally, achieving impressive sales growth primarily through its innovative electric vehicles (EVs).…

President Donald Trump plans to impose 25% tariffs on imports from Canada and Mexico starting tomorrow, February 1, accompanied by a 10% tariff imposed against China. Key US imports from Canada include industrial supplies — oil (CL=F, BZ=F), lumber (LBR=F), aluminum (ALI=F) — with many American consumers now facing rising gasoline (RB=F) prices and higher grocery bills. The auto industry and car parts suppliers will be hit significantly by the tariffs imposed on Mexican imports. Watch the video above to hear Market Domination hosts Josh Lipton and Julie Hyman further explore the potential economic impacts and how these tariffs could affect consumers and industries across the US. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Josh Lynch

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Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! If you follow the electric vehicle industry, you should know who Stella Li is. She’s the second most famous person at BYD, and she has been the leader of the company outside of China ... [continued]

Toyota Motor Corp. group retains its crown as the world's biggest automaker by sales volume for the fifth consecutive year in 2024, helped by robust sales of hybrid vehicles, according to data it released.

Toyota remains the world’s top-selling automaker for the fifth consecutive year, delivering 10.82 million vehicles in 2024. BYD has achieved significant growth, selling 4.27 million vehicles, with a 41.3% increase from the previous year, overtaking several rivals. Challenges for Toyota included a vehicle certification scandal that impacted production and a 13.8% drop in domestic sales. Toyota experienced a 4.3% increase in North American sales, powered by popular hybrid models. Hybrid vehicle sales surged by 21.1%, reflecting a growing consumer shift toward sustainable options. The automotive landscape is evolving, with a clear trend toward electric and hybrid vehicles as the future

The European Commission can take a better route than imposing countervailing duties on Chinese electric vehicles

BYD's Bold Move: How Mexico is Charging Ahead in the Electric Vehicle Race - La Noticia Digital