Etiqueta: subsidy

HONG KONG, Feb 2 (Reuters) - Shares of BYD Co Ltd sank to their lowest level in at least a year on Monday, leading a broader selloff in Chinese automaker stocks after they reported weaker sales in January as a revised subsidy scheme weighed on budget car brands. The selloff underscores growing investor concern that China’s carmakers are heading into a prolonged slowdown as demand softens at home

Germany’s €3 billion ($3.5 billion) subsidy program for electric vehicles will be open to all manufacturers, including Chinese brands, as the government seeks to revive sales in Europe’s largest car market.

BYD launches long‑range 2026 Song Pro DM‑i in China with CLTC pure electric range increased to 220 km.

Tesla enters 2026 facing a mix of headwinds: softer delivery figures, a loss of BEV leadership to BYD, and a valuation that splits investors between a fading

Tesla’s early dominance of the electric car market is being challenged as China’s BYD posts record sales and wins over European consumers with lower prices.

EV Stocks 2026 Forecast: China Tightens Incentives as BYD Growth Cools - TechStock²

In 2025, Chinese EV giant BYD sold a record 4.6 million vehicles, up 7.7% year-over-year, meeting its revised target and likely surpassing Tesla globally despite a cooling domestic market and price wars. The company expanded internationally and innovated with fast-charging tech. This resilience positions BYD for continued growth amid challenges.

BYD delivered 4.6 million electric vehicles in 2025, continuing the year-long persistent smacking of Tesla to now be the largest EV maker on the planet in

BYD delivered 4.6 million electric vehicles in 2025, continuing the year-long persistent smacking of Tesla to now be the largest EV maker on the planet in what is a seriously bizarre turn of events. That number hit the company’s full-year target, though the target had already been revised down earlier, but still, this growth is […]

The future of the German automotive industry does not depend on keeping competitors out but rather on whether it can regain the spirit of self-negation on the new track and rebuild genuinely competitive industrial advantages on a global scale.