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Automakers' share in China NEV market in Aug: BYD leads with 27.8%, Tesla 5th with 5.1%

Automakers’ share in China NEV market in Aug: BYD leads with...

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Tesla climbed three spots , while Xiaomi EV entered the top 10 NEV sales list for the first time.
Xiaomi executive terminated for leaking sensitive data to external parties, report says

Xiaomi executive terminated for leaking sensitive data to external parties, report...

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Xiaomi dismissed marketing executive Wang Teng after an internal review reportedly found misconduct involving sensitive data and conflicts of interest.

The post Xiaomi executive terminated for leaking sensitive data to external parties, report says appeared first on CarNewsChina.com.

Luxury rivals BMW and Mercedes target Tesla and BYD with new electric SUVs | Tech USD

Luxury rivals BMW and Mercedes target Tesla and BYD with new...

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BMW and Mercedes are done watching Tesla play king. The two biggest luxury brands from Europe have just thrown down the gauntlet with all-electric SUVs meant
Xiaomi defends YU7 “test car” sticker residue as owners complain of windshield marks

Xiaomi defends YU7 “test car” sticker residue as owners complain of...

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After YU7 drivers raised concerns over faint windshield markings, Xiaomi clarified inspection practices and pledged permanent process improvements.

The post Xiaomi defends YU7 “test car” sticker residue as owners complain of windshield marks appeared first on CarNewsChina.com.

BYD's Target Cut: A Bellwether for China's EV Sector Slowdown?

BYD’s Target Cut: A Bellwether for China’s EV Sector Slowdown?

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BYD's Target Cut: A Bellwether for China's EV Sector Slowdown?
BYD cuts full year sales target by 16% as EV price war hits profits

BYD cuts full year sales target by 16% as EV price...

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BYD, the top-selling electric vehicle manufacturer on earth, has reduced its 2025 end of year sales forecast from 5.5 million cars to 4.6 million, a 16% cut
BYD Cuts Annual Sales Target as Demand Cools, Reuters Says

BYD Cuts Annual Sales Target as Demand Cools, Reuters Says

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Chinese electric vehicle maker BYD Co. has slashed its full-year sales target as intense competition in its home market hurts its bottomline.
BYD's Evolving Market Dynamics: A Strategic Reassessment for Investors

BYD’s Evolving Market Dynamics: A Strategic Reassessment for Investors

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BYD's Evolving Market Dynamics: A Strategic Reassessment for Investors
China EV Market Shifts: Tesla, BYD Sales Fall as Rivals Rise

China EV Market Shifts: Tesla, BYD Sales Fall as Rivals Rise

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In China's EV market, consumers are shifting from Tesla and BYD amid sales declines—Tesla down 5% and BYD 14.3% in August—due to economic slowdowns, aging products, and CEO controversies. Emerging rivals like Xiaomi and Zeekr gain ground with innovation and pricing, prompting industry leaders to adapt through diversification and new strategies.