Etiqueta: Robotaxi

BYD, the top-selling electric vehicle manufacturer on earth, has reduced its 2025 end of year sales forecast from 5.5 million cars to 4.6 million, a 16% cut

BYD's 30% Earnings Drop: A Cautionary Tale for EV Investors?

Europeans are pissed at Tesla and BYD is eating its lunch.

Tesla's European Market Woes and BYD's Ascendancy: A Strategic Shift in the Global EV Landscape

This week's tech recap highlights ex-Waymo CEO John Krafcik's skepticism over Tesla's Robotaxi, Rivian's $5 billion factory groundbreaking, Tesla's $0 down lease offer amid sales struggles, Uber riders preferring Waymo Robotaxis, and BYD overtaking Tesla in global EV sales.

Tesla's CEO Elon Musk should be worried as Tesla's rival in the autonomous driving sector is not BYD making Tesla have a rivial in this sector too.

"If they keep growing at this speed, Europe should expect big disruption in the coming months."

Tesla Offers Robotaxi Jobs, BYD Sets India Sales Record, Xiaomi Experiences High Demand, Ford Unveils Universal EV Platform, Uber Rolls Out EV Incentive Program, and More: Weekly Mobility Recap

The EV industry saw major moves this week as Xiaomi's new model drew surging demand, Ford unveiled a universal EV platform, BYD set records in India, Uber launched big driver incentives, and Tesla pushed ahead with robotaxi tests.

Strong government backing and strict regulatory oversight of the Chinese autonomous vehicle industry contrasts sharply with the piecemeal laws and slower adoption in the U.S.