Etiqueta: Robotaxi

Tesla has topped an early entry while BYD stock is near a base buy point. BYD growth is booming while TSLA investors bet on robotaxis.

As the Gulf states set their national strategies for digital and green transitions, electric vehicles are flooding into the traditionally fossil fuel-driven auto markets of the Gulf — especially in the Kingdom of Saudi Arabia, the United Arab Emirates, and Qatar.

Once seen as a producer of clumsy knock-offs, Chinese carmakers have catapulted to the forefront of the growing global EV industry.

Tesla may have started the race, but BYD is setting the pace. Does this Chinese EV giant now hold an upper hand in this high-stakes race for electric dominance?

Counterpoint’s insights were shared by the market researcher on its official website.

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

Tesla's EV deliveries fell 13% to 336,700 vehicles over Q1 of last year, far fewer than arch-rival BYD, as CEO Elon Musk's crisis deepens.

Wood said Tesla's cars are "still very competitive" based on metrics like "range and power for a given price."

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The EU is investigating BYD for allegedly using unfair subsidies in its Hungary EV plant.