Etiqueta: Sales

Newly-built plant in Bahia completed ahead of schedule.

Tesla’s biggest rival BYD saw electric vehicle sales hit new high in June

Chinese EV giant BYD saw significant growth in June, achieving its highest monthly sales figure for new energy vehicles (NEVs) this year.

Tesla sales through June fell 13% to some 720,000 vehicles—but volumes for BYD of China soared 41% to crack the 1 million vehicle mark already halfway through the year.

China’s leading EV maker BYD has shelved plans for a major factory in Mexico due to geopolitical tensions and US trade uncertainty under US President Donald

The BYD Xia has been renamed the BYD M9 in Mexico, with a starting price of 979,800 Mexican pesos ($52,120).

BYD has canceled plans for a major electric vehicle factory in Mexico, citing uncertainty around US trade policies and rising tariffs on Mexico-made cars. The Chinese EV maker is expanding elsewhere, including in Brazil, where it faces labor violations. BYD remains focused on long-term international growth despite these setbacks

BYD posted its highest monthly sales of 2025 after slashing EV prices by up to 34%, but the strategy sparked investor concerns and regulatory scrutiny amid China's intensifying price wars.

Despite the warnings, BYD continues introducing new discounts. On Wednesday, BYD’s luxury off-road brand began offering over 50% Huawei’s smart...

Chinese electric vehicle maker BYD has begun production at its first passenger car plant in Brazil, the company said on Tuesday.