BYD hits major production milestone, rolls out 10 million cars, including EVs By: HT Auto Desk | Updated on: 18 Nov 2024, 14:29 PM World’s largest EV manufacturer BYD not only manufactures fully-electric vehicles, but also plug-in hybrid vehicles. Chinese electric vehicle manufacturer BYD has hit a major production milestone of rolling out 10 million … Read more
Nissan shares slump after plan to slash jobs, production By: Reuters | Updated on: 09 Nov 2024, 10:05 AM Nissan faces criticism for its hybrid strategy, with analysts highlighting overreliance on EVs. Following drastic job cuts and a profit forecast downg … Nissan faces criticism for its hybrid strategy, with analysts highlighting overreliance on EVs. … Read more
Toyota targets production of 2.5 million vehicles a year in China by 2030: Report By: Reuters | Updated on: 09 Nov 2024, 16:31 PM Toyota reportedly plans to produce 2.5 million vehicles annually in China by 2030, aiming to enhance local operations and regain market share lost to … Toyota reportedly plans to produce 2.5 … Read more
Electric car sales falling world over, leaving carmakers in shock. Here’s why By: HT Auto Desk | Updated on: 03 Nov 2024, 08:51 AM The electric vehicle market is experiencing slowed growth, prompting major global brands to adjust production. Factors such as stiff Chinese competiti … The electric vehicle market is experiencing slowed growth, prompting … Read more
BYD sells record half a million plug-in cars in October, outpaces Tesla Q3 sales By: Bloomberg | Updated on: 02 Nov 2024, 10:16 AM BYD reported a 24 per cent revenue increase to 201.1 billion yuan in Q3, outperforming Tesla. The company achieved record sales in October, driven by … BYD reported a 24 per … Read more
China tells carmakers to pause investment in EU countries backing EV tariffs By: Reuters | Updated on: 30 Oct 2024, 16:43 PM The new European Union tariffs of up to 45.3 per cent came into effect on Wednesday after a year-long investigation that divided the bloc and prompted … The new European Union tariffs of … Read more
BYD eMAX 7 first drive review: A capable machine Yet, the Chinese new energy vehicle maker BYD is determined to challenge this status quo, despite the hurdles. BYD, the world’s largest electric vehicle manufacturer, is going up against the Innova with an electric vehicle. To put this challenge into perspective, Toyota sold more Innovas in … Read more
China-Europe rivalry heats up at Paris car show as EV tariffs loom This year’s event – the largest car show in Europe – comes at a pivotal time. Struggling European automakers need to prove they are still in the game, while Chinese rivals are aiming to get a foothold in a competitive market. There was … Read more