Etiqueta: Tesla

EV Daily | Tesla Faces Legal Battle; BYD Launches Luxury EV Brand in Europe; MG Unveils Advanced Battery Tech

As China's electric vehicle (EV) market continues its rapid expansion, several Chinese companies have emerged with higher profitability than Tesla, drawing global attention. According to CleanTechnica on July 19, four Chinese automakers—Seres, BYD, Li Auto, and Great Wall Motor (GWM)—have outperformed Tesla's operating profit margin of 16.3%, gaini...

BYD's luxury brand Yangwang will enter European market in 2026 as sales fall in China. Yangwang EVs could face 17% tariffs in the EU.

Kevin Bond bought a Tesla Model 3 with his pension after he retired. He told BI he swapped it for a BYD Seal partly because of Elon Musk's politics.

BYD has reached the significant milestone of 60,000 vehicle deliveries to Australia just three years after its entry in 2022, thanks to the rapid success

BYD accounts for 27 per cent of the 18,356 private EVs registered in Hong Kong in the first half of 2025.

It's 13-millionth electric vehicle, the Yangwang U7, rolled off the Shenzhen plant.

Ford EV rival BYD is poised to outsell Tesla globally in 2025, the latest of several automakers that the company will pass as its rapid expansion continues.

BYD experienced 8% YoY sales drop in China as rivals like Xiaomi and Xpeng gain in sales as EV Price war continues.