Etiqueta: Leapmotor

The figures come after many Chinese automakers have launched new and redesigned models, greatly increasing their store traffic and boosting sales.

Li Auto had 10,700 insurance registrations last week, Xpeng 2,300 and Zeekr 3,500.

Tariffs on Chinese electric vehicles (EV) will likely boost investments in new European factories, which is good news but could also undermine Europe’s industrial base, to address this challenge the EU needs to strengthen and unify its investment rules, writes Tobias Gehrke.

The numbers come against a stormy backdrop with a growing number of Chinese automakers taking aim at each other in the press amid competition concerns.

Deutsche Bank also expects Tesla to sell 45,000 units at retail in China in July, Li Auto at 48,000 units and Zeekr at 15,000 units.

Electric vehicle registrations in China climbed by a third in May as BYD continued to control the country's market.

Chinese BYD that overtook Elon Musk's Tesla in the fourth quarter of 2023 to become the world's top seller of electric vehicles plans to build a $1 billion plant in Türkiye, according to media reports.

BYD is the most widely recognised new entrant brand among car buyers outperforming fellow Chinese brands as well as those from the US and Vietnam, according to consumer research by JudgeService.

BYD’s ultra-cheap Seagull electric city car is coming to the UK. Will it be a good option for buyers looking to go electric?