Every EVXL story tagged “BYD” — newest first.
General Motors’ dramatic fall from market leader to 16th place in China represents one of the most significant shifts in global automotive history, with sales plummeting 42.5% in the first 11 months of 2024 and forcing a $5 billion write-down against profits, according to a recent report from the NY Times. The collapse of GM’s…
Japanese automotive giants Honda and Nissan are exploring a potential merger as both companies face mounting pressure in the global electric vehicle market, particularly from Chinese competitors. The historically independent automakers are weighing this unprecedented step to maintain competitiveness in an increasingly challenging EV landscape, reports the BBC. The potential merger discussions foll
Chinese electric truck manufacturers are leveraging their established EV supply chain advantages to dominate the nascent electric trucking sector, capturing 70% of global sales in 2023 despite electric trucks representing less than 1% of worldwide truck sales. However, this expansion faces mounting challenges from international tariffs and lingering quality perceptions, reports AFP. The strategy m
Chinese electric vehicle manufacturer Nio has unveiled its most ambitious vehicle to date – the ET9 executive sedan – directly targeting the stronghold of German luxury automakers in China’s premium vehicle segment. The $110,080 electric flagship, slated for March deliveries, represents a bold move to compete with established luxury vehicles like the BMW 7-Series and…
The European Union’s transition to electrified vehicles hit a significant milestone in 2023, with hybrid and battery-electric vehicles collectively matching traditional internal combustion engine (ICE) registrations for the first time. New data from Eurostat reveals that electrified vehicles captured 48.3% of new passenger car registrations, nearly equivalent to the 48.8% share held by pure petrol
The global electric vehicle market reached another milestone in November 2024, with sales of fully electric and plug-in hybrid vehicles climbing 32.3% year-over-year to 1.83 million units, marking the third consecutive record month according to data from market research firm Rho Motion, reports Reuters. China’s dominance in the EV sector continues to reshape the global…
VinFast plans to construct a second manufacturing facility in Vietnam’s Ha Tinh province, aiming to double its production capacity to 300,000 units annually. The Vietnamese automaker announced the expansion as part of its strategy to meet international demand, particularly for its smaller VF 3 and VF 5 models, reports Reuters. The new plant, scheduled to…
Tesla’s dominance in the Australian electric vehicle market is showing signs of erosion, with November sales dropping 35.5% year-over-year to 2,540 units according to Electric Vehicle Council data. This decline contributes to the brand’s first annual sales decrease of 20.9% in the market, marking a significant shift in the company’s previously upward trajectory. While Tesla…
One email with the EV news that matters — Tesla, Rivian, BYD, and everything in between, straight from the newsroom. No spam, no fluff.
