Every EVXL story tagged “BYD” — newest first.
EV Maker Set to Rival Tesla’s Production Capacity In a significant development for the electric vehicle (EV) industry, Chinese EV maker Nio has secured approval to construct a third factory in China. This new facility, known as F3, will boost Nio’s total approved production capacity to an impressive 1 million cars annually, putting it nearly…
US and EU Throw Up Roadblocks, but Automakers Grow Closer to China The US and Europe are erecting barriers to keep Chinese cars out of their markets, but at the corporate level, automakers are growing ever closer to China. President Biden’s quadrupling of tariffs on Chinese EV imports and the EU’s probe into Chinese EV…
China’s electric vehicle (EV) market continues to thrive, with manufacturers reporting strong sales growth in May, despite a general decline in consumer spending. This growth is driven by price cuts and new model launches, leading companies like BYD, Nio, and Seres Group to see significant sales increases, reports Bloomberg. Surge in Sales Leading EV manufacturers…
Tesla is sending executive Tom Zhu back to China amid slumping sales and increased competition in the world’s largest electric vehicle market. Zhu, who was promoted to senior vice president of automotive in April 2023, previously led Tesla’s entry into China and oversaw the company’s Asia Pacific operations, Bloomberg reports. Zhu’s Role and Promotion Tom…
At the recent Financial Times’ Future of the Car Summit, Lucid CEO Peter Rawlinson delivered a nuanced view on the electric vehicle (EV) landscape. He acknowledged the significant strides Chinese automakers like BYD have made, yet he emphasized that they still lag behind Tesla in core EV technology. Rawlinson’s insights provide a unique perspective as…
Europe is witnessing a new wave of cars on its roads – Chinese electric vehicles (EVs). However, these newcomers from the East aren’t just coasting; they’re faced with unique hurdles to navigate. Rolling Up with Momentum Chinese auto giants like BYD, Nio, and SAIC’s MG are rapidly making inroads in Europe. Recent data shows that…
Zeekr, the electric vehicle (EV) subsidiary of Geely Automobile, is pushing into the European market with two of its premium electric vehicles now available for pre-order in Sweden and the Netherlands. Customers can anticipate delivery of the Zeekr 001 estate and Zeekr X SUV models this coming autumn, with prices commencing at 59,490 euros and…
One email. Six stories. Filed each morning before the world is. Read by Tesla owners, Rivian preorder holders, dealer GMs, and the analysts that move EV stocks.
