Etiqueta: Sales

BYD Executive VP Stella Li says the company wants to own a Canadian factory outright and is evaluating legacy automaker acquisitions as it targets 1.3M exports in 2026.

STORY: Volkswagen reclaimed car sales dominance in China, the world's largest auto market, in the first two months of this year.Toyota also regained ground with both overtaking local electric vehicle champion BYD, which fell to fourth, amid fading subsidies for greener cars.VW's Chinese joint ventures with FAW and SAIC held a combined 13.9% share of the country's passenger vehicle market in sales terms followed by Geely with 13.8% and Toyota's joint ventures with GAC and FAW.The data on Friday came from the China Passenger Car Association.VW had previously struggled to catch up with local rivals in EVs.But the comeback came as purchase tax exemptions on electric cars expired and Beijing scaled back subsidies for trading in EVs.VW said on Friday it has begun mass production of its first model co-developed with Chinese partner Xpeng.Other data on Friday showed global EV registrations fell 11% in February, dragged by China's largest sales drop since the onset of the COVID-19 pandemic.It's also as governments worldwide hit the brake on policies designed to encourage purchases of electric cars.

By Nick Carey LONDON, March 13 (Reuters) - BYD said on Friday it will launch a premium electric vehicle in Europe next month that can charge in just minutes, far faster than anything on the market

Sales of Tesla's China-made electric vehicles rose in the first two months of 2026, from the year before, regaining lost ground to China's BYD.

Both CATL and BYD saw their shares in the overall market decline in February, as smaller rivals gained ground.

BYD is the top selling EV company in the world. To continue its global growth, BYD has its eyes set on F1 racing to grow its brand.

Chinese automakers are preparing to enter the Canadian electric vehicle (EV) market, with several major brands aiming to begin sales before the end of 2026. BYD, Chery, and Geely are all reportedly working through regulatory […]

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Geely’s sales rise 1 per cent to 476,327 units in January and February, while BYD’s sales slump 38.5 per cent to 400,241 units.