Etiqueta: Sales

Four Chinese brands have made it to the top 10 of all sales in Australia for the first time.

On Monday, shares of Chinese electric vehicle maker BYD tumbled nearly 8% after the company reported a 30% drop in quarterly profit.

BYD's global deliveries totaled 373,626 in August, barely changed from a year earlier.

BYD has achieved its first major milestone in its car business in India, clocking 10,000 units in retail sales. The company reached this figure solely through

Tesla’s Struggling Entry in India and BYD’s Competitive Edge: A Deep Dive into EV Market Dynamics in Emerging Economies

The launch adds fresh competition in China’s crowded premium SUV market, where Li Auto and Xpeng are also pushing new models to challenge Tesla’s dominance.

The Munich auto show is approaching. While some foreign media outlets may seize the opportunity to highlight the “competition” posed by China, it is important to recognize that behind Chinese vehicles is an evolving supply chain built on China-Europe cooperation.

High prices, Trump tariffs, and showroom foot traffic that isn't converting--Tesla's entry into India is off to a rocky start.

In China's EV market, consumers are shifting from Tesla and BYD amid sales declines—Tesla down 5% and BYD 14.3% in August—due to economic slowdowns, aging products, and CEO controversies. Emerging rivals like Xiaomi and Zeekr gain ground with innovation and pricing, prompting industry leaders to adapt through diversification and new strategies.

Tesla's sales in key European markets have declined for eight straight months, with sharp drops in France (47.3%), Sweden (84%), and Denmark (42%), amid rising competition from BYD and an aging product lineup. Consumer backlash against Elon Musk exacerbates the slump, threatening Tesla's global position despite gains in Norway and Spain.