Etiqueta: Rising

Tesla sales dropped nearly 60% in July to 987 units.

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?

The high-level trends, challenges, and opportunities facing the automotive industry and how to keep track of your most pressing issues.

Recent reports have stated that Chinese automaker BYD Auto intends to sell vehicles in Taiwan under the Denza brand through a third-party country, with distributor Taikoo Motors playing a key role.

The EV Battery Companies Quadrant provides an in-depth analysis of the global EV battery market, highlighting leading companies and industry trends. With over 100 companies evaluated, the top 13, including industry giants like Contemporary Amperex Technology Co., Ltd. (CATL), BYD Company Ltd., and LG Energy Solution, have been named quadrant leaders. These firms are noted for their significant investments in R&D and strategic partnerships. As electric vehicle sales surge, driven by government in

Tesla faces sharp sales declines in Europe, with registrations dropping 60% in Britain and halving in Germany, amid aging models, Musk's polarizing image, and fierce competition. Chinese rival BYD surges ahead with affordable EVs, overtaking Tesla despite tariffs. This shift highlights the need for Tesla to innovate rapidly.

The upgrade targets BYD’s fifth-generation DM 5.0 platform, rolling out via OTA updates as the company looks to stem pressure from falling plug-in hybrid sales and an intensifying EV price war.

BYD saw a 10.1% decline in sales in July as PHEV sales dropped 22.6% while EV sales grew 36.8% but fell short of expectations.

Fresh off a record sales month, BYD is expanding the range of colours offered on its hybrid ute.

BYD is postponing its Hungary plant production and exploring Turkey as a strategic hub, amidst evolving EV demand and trade dynamics in Europe.