Etiqueta: Sales

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.

(Bloomberg) -- Investors in Chinese stocks are losing patience as a long-awaited earnings recovery fails to come through and a rally unravels.Most Read from BloombergCDK Hackers Want Millions in Ransom to End Car Dealership OutageAt Blackstone’s $339 Billion Property Arm, the Honeymoon Is OverCar Dealers Reel From Cyberattack on $1.2 Trillion MarketApple Won’t Roll Out AI Tech In EU Market Over Regulatory ConcernsEarnings estimates on key Chinese gauges have been slashed by the most in Asia this

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

KARACHI: Mega Motor Company, a subsidiary of Hub Power Company Ltd is entering the business of electrical vehicles in Pakistan in association with Chinese giant BYD Auto Industry Company...

Nissan Motor Co. will close its passenger car factory in Jiangsu province in China, people familiar with the matter say.

BYD plans to build a plant in Mexico where it will create around 10,000 jobs, which would put it on par with some of the country's

China’s leading automaker, BYD, is rapidly expanding its global footprint. BYD is closing in on a deal for an EV...

Auto Trader has reported strong consumer demand for new cars, with a 28.5% year-on-year increase in visits so far in June. This continues a recent trend in robust buyer activity, with visits up 22% and 21% in May and April respectively. Demand is being driven by wider choice and lower prices as a result of

Government subsidies have played a crucial role in nurturing China's thriving EV sector and manufacturers such as BYD.

New import duties will drive up the cost of Chinese cars sold in Turkey. Authorities want to protect domestic brands and convince Chinese manufacturers to build factories in the country.