Etiqueta: Sales

(Bloomberg) -- BYD Co. led Chinese electric vehicle stocks lower in Hong Kong on Monday, as investors digested the auto giant’s sweeping price cuts of as much as 35% late last week.Most Read from BloombergNY Private School Pleads for Donors to Stay Open After Declaring BankruptcyUAE’s AI University Aims to Become Stanford of the GulfNYC’s War on Trash Gets a Glam SquadPacific Coast Highway to Reopen Near Malibu After January FiresShares of China’s No. 1 selling car brand tumbled as much as 8.3%,

BYD shares were down 6.53 percent in Hong Kong and 3.89 percent in Shenzhen at press time.

China's EV giant BYD has overtaken Tesla in monthly sales across Europe for the first time, marking a pivotal shift in the region's automotive landscape and highlighting the growing clout of Chinese automakers on the global stage.

Build Your Dreams (BYD) establishing a base in Hungary proves that BYD has landed on European soil and is proving to be a threat for EV rival Tesla.

Chinese automaker BYD plans to enter the Japanese market with a compact electric kei car. Recently seen on Japanese roads, the EV meets Japan's strict kei car standards and may launch by 2026. Japan's kei car market remains tightly guarded by unique rules. Known as "keijidōsha," these vehicles must stay under 3.4 meters long, 1.48 meters wide, and ...

After poaching some of the best Western auto talent, China’s car industry is about to dominate globally with charging rates, ranges, luxury design, technology, and sheer volumes.

Tesla and BYD's dominance in the US market could be coming to an end. CUPRA is a Spanish brand under the VW umbrella that will enter the US market by 2030.

Analysts believe BYD's price discounts could lead to further price competition in China and spark more rivals to follow suit.