Etiqueta: Tesla

BYD's profits declined by 47% in the first quarter of 2024 compared to Q4 2023.

BYD is selling some models in foreign markets for double or triple what it charges in China. How long can that last?

A Chinese carmaker showed off a "Cybertruck-esque" vehicle at an auto show this week.

BYD wants to rake in the big bucks by adding significant markup to its EVs sold in Europe or the Americas.

Chinese car giant BYD has seen profits fall as it is hit by slowing demand for electric vehicles (EV) and a price war

Xpeng had 2,700 insurance registrations last week, Li Auto 7,060, Zeekr 5,000 and Xiaomi 1,670.

As for a solution, the company said that it will deploy an over-the-air software upgrade to fix the issue.

BYD importer EV Direct has dropped the price on selected versions of the higher-grade Atto 3 crossover electric vehicle (EV). Prices now start from just $45,990 drive-away for the Extended Range variant - excluding Western Australia (where it costs $2000 more) - down from $51,011 before on-road costs.

Chinese car giant BYD has seen profits fall as it is hit by slowing demand for electric vehicles (EV) and a price war

The echoes the current Chinese price war, launched to inflict pain on western producers, are rippling through the automotive industry, and BYD, the price leader, is beginning to feel the strain.