Etiqueta: Tesla

The decision to launch the BYD Shark in Mexico indicates the company's focus on foreign markets, as pickup trucks in China are classified as light vans and face numerous restrictions

Li Auto had 5,300 insurance registrations last week and Xpeng 1,400.

China electric vehicle maker Nio has struck a deal with larger rival BYD to source batteries for an EV brand priced at a lower range that aims to compete with Tesla, three sources with direct knowledge of the matter said. It also shows the impact of unrelenting competition over the price of new EVs in China's market, and batteries, the largest single cost in a new vehicle. Nio, which launched as a start-up a decade ago, had intended to produce batteries in-house but abandoned those plans in December as it shifted its focus to cutting costs to reverse losses.

Exclusive-China's Nio turns to rival BYD to power new EV brand, sources say

France aims fourfold increase in the sale of electric vehicles to eight lakh per year by 2027. It also targets a sixfold increase for electric light commercial vehicles to one lakh a year.

Europe's leading NGO campaigning for cleaner transport

French Finance Minister Bruno Le Maire welcomes BYD's investment in France amid declining revenue due to declining demand and pricing battles in China.

Just a fraction of the country's almost 200 manufacturers is expected to survive. Read more at straitstimes.com.

"BYD and the Chinese auto industry are very welcome in France," Finance minister Bruno Le Maire said at a meeting with car sector executives on Monday

According to data released by the German Federal Motor Transport Association, April saw the registration of 243,102 passenger cars, with 29,668 being fully electric.