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BYD has increased its market share in 2024, positioning itself to exceed its annual sales targets and surpass automotive giants like Ford.

BYD sets sights on dominating the global EV market amid record...

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China’s leading electric vehicle (EV) manufacturer, BYD, has significantly increased its market share in 2024, positioning itself to exceed its annual sales targets and...
Stellantis' CEO Carlos Tavares

Stellantis reports a 27% decline in Q3 profits

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Stellantis, the parent company of Chrysler, Jeep, Dodge, and Ram, continues to struggle. Its third-quarter results, published on October 31, revealed that revenue fell by 27%....
BYD

BYD surpasses Tesla in quarterly revenue as hybrid sales drive record...

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On Wednesday, China’s BYD reported a quarterly revenue of 201.1 billion yuan ($28.2 billion) for the third quarter, marking the first time it has...
In a significant leap forward, over half of all vehicles sold in China in July were new energy vehicles (NEVs), which include EVs and hybrids

China reaches milestone with over 50% of July vehicle sales as...

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In a significant leap forward, over half of all vehicles sold in China in July were new energy vehicles (NEVs), which include both pure...
BYD, the Chinese EV manufacturer, set a new monthly sales record in June, surpassing its previous highest result from December 2023.

BYD sets new sales record for plug-in EVs in June

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BYD, the Chinese electric vehicle manufacturer, set a new monthly sales record in June, surpassing its previous highest result from December 2023. The company...
Ford CEO Jim Farley is determined to make electric vehicles (EVs) affordable and profitable, reminiscent of Henry Ford's Model T. Inspired by China’s successful EV strategy, Farley envisions Ford competing with top-tier manufacturers like BYD.

Ford CEO Jim Farley aims for affordable, profitable EVs

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Ford CEO Jim Farley is determined to make electric vehicles (EVs) affordable and profitable, reminiscent of Henry Ford's Model T. Inspired by China’s successful...
China's BYD nearly set a new sales record in May, driven by aggressive price cuts and continued growth in new energy vehicles (NEV).

BYD achieves second highest sales record in May

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China's leading electric vehicle (EV) maker, BYD, nearly set a new sales record in May, driven by aggressive price cuts and continued growth in...
BYD has introduced two cutting-edge plug-in hybrid sedans that can cover over 1,300 miles without the need for refueling or recharging,

BYD unveils sedans with 1,300-mile range, shaking up the auto market

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Chinese automaker BYD has introduced two cutting-edge plug-in hybrid sedans that can cover over 1,300 miles without the need for refueling or recharging, a...
In Q1 2024, the global registrations of new passenger plug-in electric cars increased significantly by 25% compared to the previous year.

Global plug-In electric car registrations surge in Q1 2024

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In Q1 2024, the global registrations of new passenger plug-in electric cars increased significantly by 25% compared to the previous year, with over 3.2...
In this week's top automotive stories, Tesla plans to lay off 10% of its workforce and Mexico refuses to give Chinese car makers incentives.

Automotive weekly roundup: Tesla layoffs, governors protest unions, Mexico refuses incentives

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Earlier this week: A leaked internal memo reveals that Tesla will lay off 10% of its global workforce after quarterly sales declined. New car...