Etiqueta: Sales

Tesla sales continue to decline as rival BYD sees triple-digit percentage growth in the UK. Tesla's market share falls to less than 1%.

Carmaker’s vehicle registrations sink in July as board moves to refocus chief on reviving fortunes

China’s giant BYD sold 60,930 vehicles from July 28 to August 3, industry data shared on Chinese social media showed this Tuesday.

The upgrade targets BYD’s fifth-generation DM 5.0 platform, rolling out via OTA updates as the company looks to stem pressure from falling plug-in hybrid sales and an intensifying EV price war.

BYD has reduced fuel consumption of its fifth-generation DM hybrid tech to just 2.6 liters per 100 km when the battery is depleted.

China's new-energy vehicle (NEV) market penetration rate hit a record 44.3 percent in the first half of 2025, a new historical high for the same period, the CCTV News reported on Monday, citing information from the China Machinery Industry Federation.

China’s largest electric vehicle manufacturer, BYD, reported a sharp drop in monthly sales for the first time in 2025.

BYD (BYD) reported a drop in July deliveries. The Chinese electric vehicle maker ending a 16-month growth streak as competition heats up. Meanwhile Opendoor (OPEN) continues to climb with its results due and Figma (FIG) is starting to slide after an initially positive IPO.

BYD's July Delivery Slowdown: A Warning Signal for the Overheated EV Sector?

China's EV market saw mixed results in July as BYD, Li Auto, and Nio reported slowed sales amid intense price competition, while Xpeng achieved record growth.