Etiqueta: Sales

How Are BYD, Xiaomi And Nio Boosting Car Sales?

BYD has recently launched the Sealion 06 into the Australian market amidst a flurry of activity and an increase in sales of all models.

The BYD Dynasty series MPV’s name was confirmed as Tang Max. It will enter China this year with a price range of 34,450 – 48,200 USD.

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Competition in China’s cutthroat car market is pushing even legacy automakers’ senior executives to take up livestreaming to stoke sales.

ATL opens first BYD showroom

The closure on Friday came amid the rapid spread of electric vehicles in China, which has led to serious sales slumps for Japanese automakers.

The latest data from S&P Mobility finds that EV inventory at the end of April climbed 5.7% compared to the prior month and up 105% compared to a year ago. This despite steep discounting for EVs through most of the year.

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Nissan is the latest victim of BYD’s “liberation battle” against gas-powered cars. After BYD’s aggressive price cuts this year, Nissan...