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China's BYD has overtaken Tesla as the world's best-selling maker of electric cars. In the final quarter of last year, BYD, backed by Warren Buffett, sold 526,409 fully electric vehicles, outpacing Tesla's 484,507.
BYD

BYD’s EV Empire Expands: Workforce Tops 900,000

China’s electric vehicle giant BYD is on a hiring spree, pushing its workforce past the 900,000 mark. This massive expansion, reported by Reuters, underscores the company’s ambitious growth plans and the booming EV market in China. Workforce Explosion BYD’s hiring frenzy is nothing short of staggering. As of September 13, 2024, their total headcount hit…

BYD Crusade Against Online Defamation
China

China Tightens Grip on EV Tech, Pushes for Local Assembly

China’s pushing its carmakers to keep their advanced electric vehicle (EV) tech at home, even as these companies expand globally. The government’s encouraging automakers to export partially assembled vehicles, or “knock-down kits,” to avoid tariffs and protect their tech. This news, first reported by Bloomberg, comes as Chinese EV makers like BYD and Chery Automobile…

Chinese EV Makers Brace for EU Tariffs Amid Tense Bilateral Relations
Jeep

Chinese EV Exports Surge, Sparking Global Tension

Sales of Chinese brands are up nearly 22% with Chinese companies overwhelmingly dominating sales of the EV market. Overcapacity in China’s auto manufacturing has become a major point of tension between the country and other big economies. The complaint from the west is that Beijing’s industrial policy has unfairly advantaged Chinese companies, leading to fears…

New Hampshire Welcomes Tesla: Approval Granted for First Sales Center Model Y. Photo courtesy of Tesla, Inc.
Model Y

Norway’s EV Market Soars to New Heights with 94% Share in August

Norway has set a new global benchmark in the electric vehicle (EV) market, with EVs capturing an astounding 94.3% share of new car sales in August. This unprecedented achievement underscores the country’s commitment to zero-emission transportation and its position as a world leader in EV adoption, reports Bloomberg. Tesla Leads the Charge The surge in…

China's BYD has overtaken Tesla as the world's best-selling maker of electric cars. In the final quarter of last year, BYD, backed by Warren Buffett, sold 526,409 fully electric vehicles, outpacing Tesla's 484,507.
BYD

Chinese EV Giant BYD Surpasses Honda and Nissan in Global Auto Sales

BYD, China’s leading electric vehicle manufacturer, has climbed to the seventh spot in global auto sales rankings, outpacing industry stalwarts Honda and Nissan in the April-June quarter. This significant shift in the automotive landscape is largely attributed to BYD’s focus on affordable electric vehicles, according to data from automakers and research company MarkLines. Impressive Growth…

Tesla

Toyota Embraces Tesla-Style Gigacasting for EV Production

Toyota is set to test a massive gigacasting machine at its Japanese plant, adopting a technique pioneered by Tesla to streamline electric vehicle (EV) production and reduce costs. This move signals Toyota’s commitment to advancing its EV manufacturing capabilities, according to a report from Nikkei Asia. Giant Machine, Big Ambitions The Japanese automaker plans to…

China's BYD has overtaken Tesla as the world's best-selling maker of electric cars. In the final quarter of last year, BYD, backed by Warren Buffett, sold 526,409 fully electric vehicles, outpacing Tesla's 484,507.
BYD

Chinese EV Giant BYD Aims to Bypass EU Tariffs Through Turkish Factory

According to a report from the Polish Economic Institute (PIE), Chinese electric vehicle manufacturer BYD is planning to export 75,000 electric cars annually to the EU market from its factory in Turkey. This move appears to be a strategic attempt to circumvent tariffs imposed by the European Commission on Chinese EV imports, as reported by…

Honda and GM’s Abrupt Halt: A Shakeup in the Electric Vehicle Market - GM General Motors Faces Challenges in Electric Vehicle Production - US Races to Second Place in Global EV Market
Bolt

GM Promises Most Affordable EV with Second-Gen Chevy Bolt

General Motors (GM) has announced ambitious plans for its next-generation Chevy Bolt, positioning it to become the most affordable electric vehicle (EV) in the US market. This move marks GM’s ongoing commitment to the EV revolution, despite some setbacks and evolving timelines. GM’s Electric Evolution GM’s journey in the electric vehicle landscape started with the…

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