Etiqueta: Tesla

(ANSA) - ROME, FEB 21 - The Italian Antitrust Authority said on Friday that it has opened four probes into BYD Industria Italia s.r.l., Stellantis Europe S.p.A., Tesla Italy s.r.l. and Volkswagen Group Italia S.p.A. over possible unfair commercial practices. The investigations concern information provided to consumers regarding the driving range of electrical vehicles, battery capacity degradation and operational limitats on standard battery...

Italy's antitrust agency said on Friday it had opened a probe on BYD, Stellantis, Tesla and Volkswagen for allegedly misleading consumer information on their electric vehicles.

BYD could become the "Toyota" of the global EV market, said JPMorgan.

BYD’s CEO rightly highlighted that China is years ahead of the rest of the world in EVs, and this is largely because China identified this opportunity back in 2001 and then resourced it so they would win. The West was caught napping.

Many complainants who bought their vehicles before the rollout say they had overpaid for their cars

"Behind each of our technologies is the hard work of 110,000 engineers," Wang said.

The 2025 Denza N7 comes standard with the God's Eye B smart driving system, as BYD focuses on vehicle intelligence this year.

Tesla will begin China deliveries of the new Model Y this month. EV giant BYD has surged to highs on the China EV giant's self-driving push.