Tesla’s Top Rival, BYD’s Yuan Family Hits 1M Sales Milestone As SUV Lineup Drives NEV Success: Report
BYD's Yuan family achieves 1 million sales milestone, highlighting success in NEV market with SUV lineup, amidst ongoing model expansions.
XPeng CEO Tests Tesla’s Full Self-Driving Software In US, Compares Tesla’s Full Self-Driving Software With Xpeng’s Navigation Guided Pilot
XPeng CEO tests Tesla's full self-driving software in the US, invites comparisons with XPeng's XNGP, amid company's new product launches and market developments.
Chinese Carmakers Urge Beijing To Increase Tariffs On EU Gasoline Cars In Retaliation For EV Tariffs: Report
Chinese carmakers have reportedly called upon Beijing to raise tariffs on European gasoline-powered cars. This move is seen as a retaliatory measure EU restrictions.
Fisker’s Bankruptcy Leaves Investors Asking Hard Questions About EV Viability
EV manufacturer Fisker filed for bankruptcy due to cash flow and manufacturing issues. Other EV makers like Tesla, Rivian, and Lucid may also face challenges.
Warren Buffett’s Berkshire Hathaway Further Reduces Position In This Tesla Rival, An Investment Charlie Munger First Recommended
China's BYD has made a name for itself in the highly competitive Chinese auto market and the fact that Berkshire picked the company's stock over Tesla is a testament to its strength.
Tesla’s Top Rival BYD Unveils Latest EV Model Under Fang Cheng Bao Lineup: Report
BYD's Fang Cheng Bao debuts Bao 3, labeled as the production version of the Super 3 concept, featuring nine images showcasing its electric prowess.
What’s Happening With Chrysler-Parent Stellantis Stock On Friday?
Stellantis NV (NYSE: STLA) plans to shift Leapmotor EV production from China to Europe in response to the EU's new tariffs, aiming to reduce the financial burden of increased import costs. CEO Carlos Tavares states the move could counter the effects of global trade tensions.
Bain Partner Warns Chinese EV Makers: Price Wars Abroad Could Jeopardize Product Quality And Brand Reputation, Urges Focus On Long-term Strategy
A Bain & Co. partner has cautioned that the ongoing price wars among Chinese electric vehicle manufacturers in overseas markets could potentially raise doubts about the quality of their products.
BYD Remains Dominant In China’s NEV Market In May, Tesla Makes Significant Gains: Report
BYD Co., Tesla, Inc.'s leading Chinese competitor in the EV industry, maintained its dominance in China's new energy vehicle market last month.
Fresh EU Tariffs Could Slow Down Tesla Chinese Rivals, But Warren Buffett-Backed BYD ‘Can Profitably Export Even At A 35% Tariff,’ Says Expert
The European Union has introduced new tariffs on electric vehicles manufactured in China, a move that could pose challenges for Chinese automakers. However, companies like BYD are expected to remain competitive.