Etiqueta: Sales

China uses subsidies extensively to take a leading role in the global markets of green-tech products such as battery electric vehicles and wind turbines. Against the background of the current EU investigations into Chinese subsidies in these sectors, this article takes a careful look at the Chinese subsidy system and provides new data on direct government subsidies to leading Chinese producers of electric cars and wind turbines. Extensive government support has allowed Chinese companies to scale up rapidly, to dominate the Chinese market and to expand into foreign markets. The article concludes that the EU should use its strong bargaining power due to the single market to induce the Chinese government to abandon the most harmful subsidies.

BYD is suffering its first serious scare and is seeing its success falter. The Chinese giant of electric cars that not long ago surpassed Tesla in sales has

Tesla's sales are shrinking, but this EV maker continues to grow.

The tone among Chinese automakers is becoming sharper. After Stellantis CEO Antonio Filosa inaccurately presented Leapmotor’s sales figures in Germany, BYD

SHANGHAI (Reuters) -China is targeting 32.3 million in vehicle sales in 2025, the country's industry ministry said, below the 32.9 million units projected for the year by the China Association of Automobile Manufacturers (CAAM). The target was part of a plan to support stable growth in the auto sector that China's Ministry of Industry and Information Technology, along with seven other government agencies, issued on Friday.

Dealers say awareness is growing ahead of the minicar launch, but barriers remain.

As the EV industry evolves, BYD, QuantumScape, and EVgo are emerging as key players. Learn why these undervalued EV stocks are poised for growth in 2025 and beyond.

The rivalry between BYD and Stellantis is intensifying with a recent dispute centering on conflicting claims about EV sales performance, market positioning,

I previous wrote about BYD’s sales transition in China, with the new Sealion 06 poised to replace their previous Song Plus model at Ocean dealerships. As anticipated, the Sealion 06 sales took off in its first month to become BYD’s second best-selling model, the best-selling model in the Sealion family, and one of the best-selling vehicles in China overall. However, new reports of an order backlog indicate limited supply.