Etiqueta: Jaecoo

BYD's UK success challenges the nation's EV strategy and reshapes the automotive landscape.

BYD and other Chinese automakers are driving record EV sales across the UK, reshaping the market

UK is now the Chinese carmaker’s largest international market after sales rose nearly 10-fold in September

Turin’s air was cleaner than it during its industrial peak, but around half the 50-plus brands and more than half the production cars on show were Chinese.

Chery joins the barrage of Chinese firms going public in Hong Kong, where listing proceeds have soared to a four-year high. Read more at straitstimes.com. Read more at straitstimes.com.

LONDON/FRANKFURT/BERLIN (Reuters) -Chinese and European carmakers are set to face off at next week's Munich car show, reflecting intensifying competition on the continent that has pitted incumbents such as Volkswagen against EV giant BYD and newcomers GAC and Changan. This year's IAA Mobility, the continent's biggest biennial car show, comes as European automakers lose ground in China - the world's biggest market - in what some executives have described as a "Darwinian" price war. At the same time, to escape pressure at home Chinese automakers are expanding into Europe in search of profits, above all electric vehicle maker BYD, whose global sales soared to 4.2 million cars in 2024, up ten-fold from 2019.

New Chinese mid-size electric SUV goes on sale with prices starting at £30,850

BYD, Chery Auto and Great Wall Motor are keen to leverage low prices to get sales where others have struggled because of trade disputes in Europe and 100% tariffs in the US

Europe's new car market saw a 2.5% year-on-year increase in registrations in May 2025, with a total of 1,107,517 new vehicles registered across 28 European markets.