Etiqueta: Industry

China's NEV retail penetration was 52.3 percent in March and 47.67 percent year-to-date.

In our modern, turbocharged, reality we are rushing towards an exotic new future.  A future in which vehicles are powered by new, sustainable sources of energy; where some cars drive themselves or where ‘hybrid vehicles’ merge the merits of multiple modes of transport.  With unprecedented speed we are driving, pedaling and in some cases even flying into a brave new world.

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

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, […]

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