Etiqueta: Volkswagen

Chinese automaker triples Q1 sales, pressures Tesla's margins

Stable market in April and throughout 2025 so far

In a “watershed moment,” BYD outsold Tesla in Europe after EV registrations surged over 350% in April. With its top-selling...

Tesla sales fell 49 percent year-over-year in April.

China’s BYD hit another big milestone - with rival Tesla receiving another piece of bad news.

Nike (NKE) plans to sell its merchandise directly on Amazon (AMZN) as the sports apparel giant anticipates price hikes of $2 to $10 amid tariff pressures. Chinese electric vehicle developer BYD (BYDDY, 1211.HK) outsells Tesla (TSLA) for the first time in Europe, according to JATO Dynamics data. Snowflake (SNOW) shares rise in Thursday's pre-market trading after beating first quarter earnings expectations and raising its full-year guidance. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

BYD and Toyota are bringing compelling new electric cars to market in Europe and China, while both are shut out by tariffs in the US.

BYD’s electric hot hatch has officially arrived in Europe. The BYD Dolphin Surf is the European version of its best-selling...

BYD introduced its tenth model, the low-cost electric 'Dolphin Surf,' in Europe, starting at 22,990 euros, with temporary discounts available. This move intensifies pressure on European automakers to provide more affordable electric vehicles, addressing a key obstacle to broader EV adoption. Several new models under 25,000 euros are slated for release this year, targeting the compact segment's significant electrification potential.

Chinese electric vehicle maker BYD's low-cost Dolphin Surf became its 10th model available in Europe on Wednesday, with the Berlin launch increasing pressure on European rivals to produce more affordable alternatives. Until the end of June, the three versions will be available at a discounted price of 19,990-24,990 euros, sales chief Patrick Schulz said on Wednesday. The car piles pressure on European automakers to offer more affordable electric alternatives, with cost still a major barrier to wider adoption of EVs.