BYD’s record-breaking year is paying dividends. Despite its vehicles selling for less than $17,000 on average, BYD topped Mercedes-Benz and Volkswagen, ranking first in car sales revenue in China last ...
Tesla has been facing tougher competition in China, where homegrown rivals, such as BYD, have tightened their grip on the country's EV market. The U.S. automaker sold 93,766 China-made cars last month ...
If there's one thing executives at Honda Motor and Nissan Motor need to fix first when - and if - they merge, it's their ...
After not even a full year of being on sale, Xiaomi's SU7 electric sports sedan is rapidly grabbing Chinese market share.
EV sales slowed in the United States in 2024 and Donald Trump may further disrupt the industry by cutting incentives.
The BYD Shenzen, its new ro-ro ship that can carry 9,200 vehicles, has officially undocked. BYD’s new car carrier ...
Several European and North American car factories are at risk of being closed or sold this year as automobile brands struggle ...
Facing declining sales in China, Honda has teamed up with Chinese tech giant Huawei to incorporate state-of-the-art infotainment and semi-autonomous driving systems into its vehic ...
Auto industry newcomers like Taiwan-based iPhone maker Foxconn and China's Huawei Technologies are maneuvering to gain an edge in the electric vehicle sector, prompting automakers like Japan's Nissan ...
China’s exports of passenger cars jumped almost 20 percent in 2024 ... They are scrambling to develop electric vehicles for the Chinese market. Honda and Nissan recently announced plans to pursue a ...
However, sales of traditional gasoline and diesel cars dropped 17%, from 14 million to 11.6 million, accounting for 51% of the total market. Sales of electric vehicles in China rose more than 40% ...