Etiqueta: Industry

Counterpoint highlighted BYD's tech leadership, vertically integrated production model, and the fact that Tesla is facing multiple challenges.

Electric Vehicles: Innovation, Cost Fueling BYD’s Global Momentum | Global Finance Magazine

Tesla's EV deliveries fell 13% to 336,700 vehicles over Q1 of last year, far fewer than arch-rival BYD, as CEO Elon Musk's crisis deepens.

China's wholesale sales of passenger NEVs were estimated at 1.14 million units in February, up 37 percent year-on-year and up 37 percent from February.

That competition is keen in the automotive sector in China is without doubt, but it’s not just automakers who engage in the usual game of wits in a bid to establish dominance in the market, […]

Autonews | The CCPIT serves as an international trade and economic cooperation entity which receives support from the commercial ministry of China.

The government backers of China's largest auto show have clashed over who has the rights to organise it, sowing confusion among automakers and would-be attendees just weeks before the opening of the showpiece event in the world's biggest auto market. 'Auto China' alternates between being held in Beijing and Shanghai every year and is set to be staged this year in Shanghai between April 23 and May 2, where automakers, from Volkswagen to BYD, are expected to unveil dozens of new models and discuss company strategy. A dispute between organisers China Council for the Promotion of International Trade (CCPIT) and the Council for the Promotion of International Trade Shanghai (CCPIT Shanghai) has spilled into the open after both issued separate notices last month saying they had opened media registrations.

BYD’s first-quarter deliveries rose 59.8 per cent to more than 1 million vehicles.

Most papers on Wednesday are leading on Trump's threat of global tariffs.