Etiqueta: NEV

BYD has shocked the new car marketplace in China by slashing prices on its cars by up to 34%. Is it playing the long game?

BYD Stock Dives as Dealer Inventory Overhang Prompts Heavy Discounts

Introduction Tesla vs. BYD Electric Car Statistics: In recent years, the Electric car segment has witnessed enormous growth over the last few decades, and

Analysts believe BYD's price discounts could lead to further price competition in China and spark more rivals to follow suit.

BYD ranked No. 1 in the global BEV market in the first quarter with a 15.4 percent share, while Tesla was No. 2 with 12.6 percent.

TrendForce’s latest reports reveal that global NEV sales—including BEVs, PHEVs, and FCEVs—reached 4.02 million units in the first quarter of 2025, marking a 39% YoY increase. NEVs accounted for 18.4% of total global auto sales for the quarter.

The EZ-60 has set a record for being the fastest joint venture new energy SUV in China to surpass 20,000 pre-orders, Changan Mazda said.

The BYD car carrier can accommodate up to 7,000 vehicles.

Car Inc plans to expand its purchases of BYD vehicles in the summer of 2025.