Etiqueta: Renault

Cheaper Chinese EVs grab record share in growing market

EVs and hybrids gain traction, but China's BYD edges out Tesla for market share

Tesla Sales in Europe Outstripped by Chinese Rival BYD Amid Sluggish Demand and Musk's Tarnished Reputation

The Shifting EV Power Dynamics in Europe: Why BYD Is Outpacing Tesla and What It Means for Investors

New car sales in Europe rose 5.9% in July as a jump in Germany outweighed drops in Britain, France and Italy, European Automobile Manufacturers Association data showed on Thursday. Tesla lost market share for a seventh consecutive month despite a rise in overall sales of electric cars, and trailed competitor BYD, which was included in the monthly sales data for the first time. WHY IT'S IMPORTANT Domestic carmakers such as Volkswagen are studying new launches to fend off Chinese competitors in Europe's growing EV market and comply in a profitable manner with regulations that encourage adoption of the vehicles.

Tesla's EV sales in Europe are plunging, with a 27% drop in France alone. As BYD surges, Tesla faces intense pressure. Is its dominance over?

Some brands like BYD and Xpeng grew more than 100% in a year. But some, like battery-swpping Nio, haven't found their footing yet.

Local automakers threaten to suspend investment if China BYD is granted a tariff reduction

BYD continues to push new models into the market at a furious pace. The latest version of the Sealion 06 looks to be a winner.

As China backs industrial strategy and the West bets on tech disruptors, the race to define the future of mobility intensifies, where autonomy, ownership, and identity are all up for grabs