Etiqueta: Renault

Bumper September sales for fast-growing Chinese car brand BYD mean the UK has become the firm’s second largest international market.

MEUDON, France (Reuters) -Renault's low-cost brand Dacia on Monday unveiled a prototype electric mini-car that could cost less than 15,000 euros ($17,625), potentially providing a competitive alternative to low-cost Chinese electric vehicles. The "Hipster Concept", which could go into production if the European Union agrees to create a new small car category, is tiny, only 3 metres (9.84 ft) long and weighing less than 800 kg (1,763.7 lb). The shortest car on the market in Europe today, Leapmotor's T03 city car, is 62 cm longer.

August sales figures are in and BYD outsold Tesla in Europe for the second month in a row as the US company continues to struggle.

China's EV maker takes a slight lead in the EU market

On Thursday, data from the ACEA showed that BYD sold three times as many new cars in Europe, surpassing Tesla for the second month in a row.

Overall car registrations in the EU rose 5.3% as buyers continued shifting toward electrified vehicles, which made up more than 62% of the market.

(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