Etiqueta: Zeekr

China’s giant BYD sold 60,930 vehicles from July 28 to August 3, industry data shared on Chinese social media showed this Tuesday.

The upgrade targets BYD’s fifth-generation DM 5.0 platform, rolling out via OTA updates as the company looks to stem pressure from falling plug-in hybrid sales and an intensifying EV price war.

Meanwhile, Adani Group is in early talks with BYD on a potential battery manufacturing partnership in India.

While other major Chinese electric vehicle makers, including Li Auto and Nio, also reported a drop in July deliveries.

Following BYD’s bold entry into the Korean market, a cadre of Chinese EV brands like Zeekr, Changan and even Xpeng are now eyeing Korea as their next destination — even if it means absorbing losses to gain a foothold.

The level 3 autonomous vehicles market is expected to surge from 291,000 units in 2025 to 8.7 million units by 2035, driven by a 40.5% CAGR. Despite slow adoption, evolving consumer confidence, especially in China and the Middle East, presents new opportunities. Chinese OEMs, including BYD, Xpeng, and NIO, are strategically bundling level 3 autonomy with advanced E/E architecture to maintain competitiveness. Asia Pacific is poised for robust growth, led by aggressive efforts from regional OEMs.

Auto brands in China accused of inflating sales figures amid fierce competition to meet sales targets, leading to misjudgment of demand.

Hace unos días, el Ministerio de Finanzas chino rebajó el umbral del impuesto sobre los automóviles de lujo de un precio de venta neto de 1,3 millones de yuanes a 900.000 yuanes. Ahora