Chinese EV-making giant BYD has now rival Tesla twice in quarterly battery electric vehicle sales in the past two years.
Tesla ’s global EV dominance may soon be coming to an end. Chinese automaker BYD ended 2024 with a bang, recording a massive 4.25 million passenger car sales. Among these, 1.76 million were fully electric vehicles (EVs), a 41% increase from the previous year.
My latest five-whys analysis looks at Tesla's sales slump. Can Elon Musk turn it around? Or is he still too busy ruining Twitter?
Analyst Eunice Lee of Bernstein reiterated a Buy rating on BYD Co (BYDDF – Research Report), retaining the price target of HK$350.00.Stay Ahead
The intense rivalry between BYD and Tesla in the realm of pure electric vehicles (BEVs) has garnered significant global attention. While BYD has come close to surpassing Tesla, briefly overtaking it for a single quarter,
Tesla, BYD cut electric car prices to compete in European market Electric vehicle price cuts increase competition in the European market
The Tesla rollercoaster continues as after exciting product launches and a stock surge post-election, the EV maker is now seeing slumping sales.
Named after the city in which the company is headquartered, the BYD Shenzhen recently undocked from Yangzhou port, northwest of Shanghai.
China’s biggest EV maker, BYD, built more electric cars than Tesla in 2024, signaling a global shift toward cheaper electric cars.
Hyundai , Maruti Suzuki and Tata Motors used the India auto show to unveil ambitious plans to expand their electric vehicle charging network to address the issues that are putting customers off making the switch.
Leading industry analyst says EVs’ ability to integrate with homes and smart tech will ultimately persuade buyers to go electric
With road transportation accounting for around 12% of global emissions, it’s hard to see how the world will reach its net-zero climate goals unless people give up their gasoline and diesel cars.