Etiqueta: subsidy

The Mercedes-Benz plant in Aguascalientes, Mexico, may be sold to a Chinese car manufacturer. According to insiders, BYD and Geely, two of China's leading

One year behind schedule, Chinese manufacturer BYD aims to exceed 50,000 new registrations in Germany this year. This would be more than double the 23,306

As Zack recently posted, BYD’s sales were down 30.7% in January. BYD sold 210,051 NEVs, which still put it in first place, well ahead of Geely with 124,252. Geely, however, also sells ICE vehicles, which saw significant sales growth to bring their total to 270,167. Due to selling primarily ICE vehicles, Geely overtook BYD as China’s largest automaker overall in January. However, BYD’s decline was limited to China, with export sales totaling 100,009, up 43% YoY. Sales were up over 1000% in Germany in January, more than double Tesla sales. At this rate, BYD could soon sell more cars outside of China than within it.But there are several factors, particularly within China, that are influencing the overall sales picture.

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.