BYD has outperformed Tesla in quarterly revenue for the first time as an electric vehicle company. For the first three quarters of 2024, BYD reported […]
Tag: BYD
Tesla to Launch Six-Seat Model Y in China by Late 2025 Amid Growing Competition
Tesla is planning to introduce a six-seat version of its popular Model Y electric vehicle in China by late 2025, according to Reuters sources familiar […]
Berkshire Hathaway Reduces Stake in BYD with $39.8 Million Share Sale
Berkshire Hathaway, owned by Warren Buffett, sold 1.3 million Hong Kong-listed shares of BYD, an electric vehicle manufacturer, for HK$310.5 million (equivalent to $39.8 million), […]
Tesla Cancels Highly Anticipated Affordable Car, Disappointing Investors’ Mass-Market Expectations: Reuters
Tesla has reportedly scrapped its long-awaited affordable car, a vehicle investors had anticipated to propel its expansion into the mass-market automotive sector, as per information […]
Xiaomi Enters Electric Vehicle Market with SU7 Launch, Aims for 4% Sales Boost Against BYD, Nio, Tesla, and Li Auto
Xiaomi, the Chinese tech giant, is gearing up to unveil its inaugural electric vehicle, the SU7, with deliveries commencing on March 28. CEO Lei Jun […]
Tesla’s Strategic Incentives in China: Up to CNY 34,600 Savings, Discounts on Insurance, Paint Changes, and Special Financing for Model Y Purchases
Tesla has rolled out a series of incentives in China to bolster its competitiveness in the electric vehicle (EV) market. These incentives aim to entice […]
BYD Positioned to Challenge Tesla in Electric Vehicle Sales, TrendForce Forecasts
In the competitive landscape of electric vehicles (EVs), BYD emerges as a formidable contender, poised to challenge Tesla’s stronghold on the market. According to TrendForce’s […]