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Tesla, BYD and China
More bad news for Tesla in China
Tesla's sales slip comes amid a record year for competitor BYD in the ever-important Chinese market.
China's BYD overtakes Tesla revenue for first time
However, Tesla still sold more electric vehicle (EVs) than BYD in the third quarter. It comes as EV sales in China have been getting a boost from government subsidies to encourage
BYD's hybrid popularity catches up to Tesla in China
Tesla is falling behind in China as BYD's hybrids take off. Hybrid sales have helped to drive up overall plug-in sales in China this year. The results come amid a tough year for Tesla overall. Tesla's sales are slipping in China in the latest sign of trouble for Elon Musk's car company.
Tesla sales in China fall 23% in October
The auto market in China had a strong October, exceeding September sales; however, it was Chinese car brands that benefited the most, with Tesla experiencing a 23% sequential decrease.
18h
China's car sales jump in October as automakers rush to meet annual goals
China's passenger vehicle sales jumped 11.2% in October year-on-year, the second straight monthly rise and the fastest growth ...
2d
on MSN
Xpeng stirs up rivalry with BYD, Li Auto in extended-range hybrid car market
Company unveiled Kunpeng, a new charging system for hybrid cars, touted as the longest range extender system in the industry.
Guideautoweb.com
1d
Chinese Automaker BYD Reportedly Halts Plans to Sell EVs in Canada
BYD (Build Your Dreams) has halted its plans to break through the Canadian market due to the new federal tariffs on electric ...
5d
China's BYD boosts production and hiring amid Q3 growth
China's electric vehicle giant BYD , ramped up production by nearly 200,000 units from August to October, while hiring close ...
Paul Tan
2d
BYD’s revenue beats Tesla for the first time – USD28.2 billion in Q3 2024; overseas sales at 94,477 units
BYD has announced a substantial increase in its quarterly revenue this year to beat Tesla for the first time, reports Reuters ...
Hosted on MSN
11h
China's car sales surge in October 2024 as auto manufacturers rush to meet annual targets
China's passenger vehicle sales jumped 11.2 per cent in October year-on-year, the second straight monthly rise and the ...
2d
on MSN
Toyota and BMW are the latest casualties in China's evolving EV market
Toyota and BMW reported sinking profits on Wednesday, with sales in China slumping as both face growing competition from ...
11d
Mercedes and Porsche’s Fight With China Is Coming Close to Home
Mercedes-Benz Group AG was once a standard-bearer of automotive refinement, but swooning sales and profits underscore how ...
Soya Cincau on MSN
2d
BYD Sealion 7 is now open for booking in Malaysia
BYD Cars Malaysia has confirmed that its next EV is the BYD Sealion 7. They are now accepting bookings for the "Performance ...
5d
on MSN
The China threat and the EV slowdown— 2 takeaways from a busy few weeks in auto news
Amid the flurry of news, two themes stand out: the China threat and EV slowdown loom large for automakers. In China, the ...
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