Etiqueta: Tesla

Reports emerging from Washington have sent ripples through financial markets, as BYD finds itself potentially facing inclusion on a US Defense Department lis

Here are some of the top trending stories on Wall Street on Wednesday. Tesla (TSLA) stock gains after Elon Musk said the company's Robotaxi fleet will double. The Pentagon suggested Alibaba (BABA), Baidu (BIDU), and BYD (BYDDY) should be added to a list of those believed to be helping the Chinese military, according to a report from Bloomberg. Deere (DE) stock falls after the company reported earnings. To watch more expert insights and analysis on the latest market action, check out more Market Domination.

Sales data reveals that 36 percent of Chinese cars sold in Europe last month are EVs

BYD has accumulated a 240% increase in registrations in the European Union up to the tenth month of the year compared with the same period the year before, reaching a total of 94,216 units.

The battle for supremacy in the electric vehicle sector appears to have reached a pivotal moment, with Chinese manufacturer BYD establishing a clear lead ove

Europe's EV Battle Flips: Tesla Tanks, BYD Dominates

Chinese automaker's hybrid lineup boosts regional outperformance.

Tesla sales in Europe continue to decline with a 48.5% YoY drop in October, while rival BYD sees a 206.8% surge amid EV growth in the region.

BYD has sold 17,470 fully electric and plug-in hybrid vehicles across its European markets in October, a 206.8% jump from the same period a year ago.

Europe’s auto market kept climbing in October, boosted by strong demand for electrified models.