Etiqueta: MG

(Reuters) -Chinese EV maker BYD sold three times as many new cars in the European Union last month than in August 2024, surpassing U.S. competitor Tesla for the second consecutive month, data from the European auto lobby ACEA showed on Thursday. Stellantis returned to sales growth in Europe for the first time in over a year, as the overall market expanded with a boost from plug-in hybrid (PHEV) and battery-electric (BEV) sales. Chinese brands have also used the technology to minimise the impact of the European Union's tariffs on Chinese-made EVs, and to win over China-skeptic European drivers.

India Business News: JSW Motors, owned by Sajjan Jindal, is investing ₹26,000 crore to enter the Indian passenger vehicle market with a focus on EVs and plug-in hybrids. T

BARCELONA (Reuters) -When Javier Hernandez went car shopping in Barcelona, he ended up choosing a plug-in hybrid by China's BYD - swayed by a price nearly 10,000 euros cheaper than European rivals. With government subsidies, the BYD Seal U DM-I Hernandez opted for starts at around 30,000 euros ($35,289) in Spain, compared to over 40,000 euros for VW's Tiguan and Peugeot's 3008 plug-in hybrid models. Cost-conscious buyers like Hernandez are fuelling rapid growth for Chinese EV carmakers like BYD in Spain and around Europe, stepping up competition with regional and U.S. rivals like Tesla, Stellantis and Volkswagen.

“The conversion rate from test drive to purchase is outstanding in every market,” BYD’s Maria Grazia Davino told The Big Question.View on euronews

“The conversion rate from test drive to purchase is outstanding in every market,” BYD’s Maria Grazia Davino told The Big Question.

Tesla vs. BYD – The Ultimate 2025 EV Stock Showdown 🚀🔋 - Tech Space 2.0

BYD plans to expand its India operations as China-India relations improve. The automaker eyes Atto 2 launch, regulatory approvals, and potential local partnerships while facing tough competition in the fast-growing EV market.

Four Chinese brands have made it to the top 10 of all sales in Australia for the first time.

BYD, the Chinese manufacturer, has started exporting electric vehicles (EVs)