Etiqueta: Sales

In 2025H1, the global NEV market continued to grow, with a remarkable YOY increase of 25%. By country/region, China's NEV sales in H1 2025 remained the global leader, with a penetration rate of 46.6%. Policy support and price wars drove strong growth among domestic brands, and exports reached record highs. In Europe, market demand showed signs of recovery, but NEV growth was only in the low single digits due to subsidy reductions and supply chain bottlenecks, while Chinese automakers accelerated localized layouts to capture market share. The U.S. NEV market lagged behind China and Europe, with high interest rates and policy uncertainty suppressing its potential. Emerging markets such as Southeast Asia and Latin America showed early signs of explosive growth.

Ford comes with news, and this time it is good, promise! Just when it seemed like the excitement for electric cars was starting to cool down, Ford has once

The company’s market share in China surpassed 10% for the first time in the first half of this year, only 4% behind the country’s top seller of automobiles, BYD.

The all-new Volvo XC70 has rolled off the production line in China from Volvo’s Taizhou plant, ahead of the start of its pre-sales at the upcoming Chengdu

BYD's Strategic Surge: How Cost-Competitive Hybrids and Regulatory Flexibility Are Reshaping the UK EV Market

Chinese automaker BYD will expand its retail and service network in Hungary with five new dealerships opening in late 2025, strengthening its presence beyond Budapest and offering its full range of electric and plug-in hybrid vehicles nationwide.

BYD’s model is riding a wave of soaring demand for plug-in hybrids in the UK.

Brand and Channel Penetration in Lower - Tier Markets: Strategies and Opportunities

This subcompact crossover is BYD’s first true export model meant for global markets. It recently crossed the 1 million units sold mark.

Automobile sales revenue marginally outperformed expectations, yet the overall average selling price of cars continues to decline year - on - year.