Etiqueta: Polestar

The world's auto industry is getting a shake-up from Chinese automakers that are quickly expanding across the globe, offering relatively affordable electric vehicles designed to wow car buyers with sleek designs and the latest high-tech interiors.

Hyundai, Hozon, Jaguar Land Rover, Polestar and nearly a dozen other marques miss the world’s largest auto event.

Geely and Renault said in February they had reached an agreement for Geely to use the French automaker's production facilities in Brazil and take a minority stake in Renault's business in the Latin American country. BYD announced plans for a Mexican plant in 2023 and said last year it would announce where the factory would be located by the end of 2024.

Electric vehicle brand Polestar is scaling back its presence in China, running down its store network and exiting a sales and marketing joint venture with a local company.

BYD sales reached a new record in the United Kingdom with nearly 6,500 vehicles sold in March. Figures represent a new record since the Shenzhen-based carmaker arrived in the UK two years ago and a…

US brands like Rivian and Lucid benefit from significant external funding

It’s the closest race the electric vehicle market has ever seen. In 2024, Tesla held on to its crown as the world’s leading battery electric vehicle (BEV) brand—but just barely. With 1.789.226 units sold, Tesla outpaced China’s BYD by a razor-thin margin of only 24.234 vehicles. That’s a 1% drop…

Chinese giant aims straight at the Tesla Model Y with its new electric family SUV

BYD plans to raise its market share in Europe by building factories there while news of its latest technology might persuade doubting customers to embrace Chinese EVs.

EV maker BYD has teamed up with DJI to make a roof-mounted drone station