Etiqueta: Leapmotor

BYD is feeling increasing competitive pressure from rivals such as Geely and Leapmotor, Reuters said.

The company last week reported its first quarterly profit drop in over three years, while rivals like Geely are gaining ground and even raising their own sales targets.

The target remains subject to change depending on market conditions, the people added. The latest target, which has not been previously reported, is below several recently lowered forecasts from analysts. The new target represents a 7% increase from last year and would be the slowest annual growth since 2020, when sales fell by 7%.

BYD's global deliveries totaled 373,626 in August, barely changed from a year earlier.

BMW iX3, electric Porsche Cayenne, Mercedes GLC, the small cars from the Volkswagen Group: here are the new releases from the IAA 2025

BYD is currently free-falling in the Chinese market as its competitors gain impressive ground. Following the crackdown on aggressive discounting strategies...

China’s automakers are readying a new crop of hybrid and all-electric vehicles for Europe, using next week’s Munich auto show to kick off the next phase of their expansion in the region.

BYD’s Profit Decline and the Risks of Sustained Price Wars in the EV Sector: Assessing the Long-Term Sustainability of Aggressive Growth Strategies

Detroit isn’t doomed, said Dan Sperling, founding director of the UC Davis Institute of Transportation Studies. But it requires some key policy support.