BYD’s UK vehicle registrations surpassed Tesla’s in May, driven by competitive pricing and a vertically integrated supply chain, signaling a…
China’s luxury EV market surges as domestic brands redefine prestige with technology
Chinese premium EV sales grow 85% YoY in Q2 2024, with Huawei-backed models leading through advanced autonomous driving and AI…
BYD’s E-Vali electric van shakes up Europe’s last-mile delivery market
BYD launches its E-Vali electric van in Europe with a 400 km range and competitive pricing, targeting the booming last-mile…
Byd surges past Tesla in European EV market as tariffs loom
BYD’s European EV registrations jumped 351% YoY in April, overtaking Tesla amid new EU tariffs on Chinese EVs, with aggressive…
Tesla’s discount strategy boosts Q2 deliveries but raises margin concerns
Tesla’s aggressive discounts temporarily increased Q2 deliveries to 443,956 vehicles, but falling margins and growing competition pose long-term challenges. Tesla’s…
Nissan’s N7 EV surges in China with 10,000 orders in 18 days
Nissan’s N7 EV gains traction in China with 10,000 orders in 18 days, leveraging competitive pricing and localized strategies amid…
Nissan cancels $1 billion EV battery plant amid sales slump and rising competition
Nissan abandons plans for a major EV battery facility in Japan, focusing on cost cuts as sales drop and competitors…
BYD’s European EV sales surge 750% YoY amid aggressive pricing and new models
BYD’s EV sales in Germany and the UK skyrocketed 750% year-over-year in Q2 2024, driven by competitive pricing and strategic…
Tesla’s aggressive discounts raise questions about brand strategy amid slowing EV demand
Tesla’s new 0.99% financing offer follows declining revenues and deliveries, as competition intensifies in key markets and margins shrink below…
BYD solidifies EV dominance with record sales and strategic expansions
BYD’s April 2024 sales hit 380,011 vehicles, with BEVs surpassing hybrids for the first time since Q1 2023, while expanding…
Toyota’s bZ3X gains traction in China’s competitive EV market
Toyota’s bZ3X EV sees strong demand in China with 10,200 units delivered, leveraging BYD’s battery tech and competitive pricing amid…
Tesla’s European struggles highlight shift in EV market dynamics
Tesla faces declining sales in Europe as local automakers gain ground with affordable EVs, while new EU tariffs impact China-made…
