Etiqueta: Sales

Chinese Automakers Penetrate the Heart of Germany Directly

EV giant trims 2024 goal, Tesla demand lags expectations

BYD plans to expand its India operations as China-India relations improve. The automaker eyes Atto 2 launch, regulatory approvals, and potential local partnerships while facing tough competition in the fast-growing EV market.

BYD is showcasing its European commitment and progress at IAA Mobility 2025 in Munich with the public debut of the only partially electric Seal 6 DM-i

China’s BYD renews its India push with plans to launch the Atto 2 SUV, expand EV sales and explore battery partnerships as PM Modi and Xi reset ties.

BYD is planning to launch the Atto 2 crossover in the Indian market as diplomatic ties between India and China ease.

MUNICH (Reuters) -Chinese car makers are making inroads in Europe and executives say they are in the region to stay, underscoring a key reversal as brands from BYD to SAIC take market share on a continent where they once struggled to make sales. At this week's IAA Mobility car show in Munich, China's auto firms - facing a tough price war at home - were increasingly bullish about their plans for Europe, dominated still by local brands such as Volkswagen and Renault. "Everything we do starts with the needs of European users," said GAC's president of international operations Wei Haigang as the Chinese automaker showed off the Aion V electric SUV that will start sales in Poland, Portugal and Finland this month, and the Aion UT set to go on sale in Europe next year.

Since September 2020, the S&P 500 has delivered a total return of 94.8%. But one standout stock has more than doubled the market - over the past five years, Boyd Gaming has surged 203% to $85.34 per share. Its momentum hasn’t stopped as it’s also gained 28.6% in the last six months thanks to its solid quarterly results, beating the S&P by 12.6%.

The updated N9 arrives just six months after the SUV's March launch, making it one of the fastest-refreshed models under BYD's umbrella.

Tesla climbed three spots , while Xiaomi EV entered the top 10 NEV sales list for the first time.