Etiqueta: Sales

The automotive industry is undergoing a seismic shift as the electric vehicle revolution gains momentum. In China, a dramatic transformation is taking place, with more than half of all new car sales now electric. Local brands such as BYD have rapidly ascended the ranks, now holding third place among global automakers. In contrast, legacy brands tha...

The recent moves of BYD are filled with a sense of crisis, to the point where the title of China’s No. 1 and the world’s largest electric vehicle company is meaningless. The strategy recently chosen by BYD, a symbol of the Chinese electric vehicle industry and backed by the government’s full support, was surprisingly ultra-low price discounts. Behi...

The figures come on the heels of China’s top industry regulator promising to strengthen efforts to rein in “involution-style” competition in the country’s auto industry.

May’s auto sales saw plugin EVs take 22.3% share in France, a drop from 24.1% year-on-year.

Chinese car manufacturer BYD wants to build a network of ultra-fast charging stations for electric vehicles, known as 'flash chargers', in Europe...

Tesla's robotaxi launch is sparking buzz, but with weak EV sales and rising rivals like BYD, is TSLA still worth the hype?

BYD is no longer just building electric cars; it’s building pressure. As China’s dominant electric vehicle (EV) maker cuts prices, scales exports, and tightens its grip on market share, competitors, especially at home, are feeling the strain, but in Africa and Asia, the tide may just be what they need ...

Chairman of Great Wall Motor says EV price war, profitability problem could nudge industry into a liquidity crunch.