Chinese government set a goal in the Planning for the Development of the Energy-Saving and New Energy Automobile Industry (2012-2020) that the production and sales volume of pure and hybrid-power electric vehicles in China rise to 500,000 in 2015, and that the production volume of electric v...
In the electric vehicle (EV) market, BYD Auto secured the top position by selling 16,690 units across six models. Tesla, the American EV maker, followed with 8,202 units sold, while Chinese manufacturer MG Motor took the third spot with 6,276 units sold. Other Chinese manufacturers, includ...
TMTPOST --Chinese electric vehicle (EV) makers led by BYD Co. Ltd. first took the top sales spot in its homeland auto market as domestic peers finished the year 2024 with new monthly records, maintaining double-digit delivery growth till the year end. Credit:BYD BYD said it sold 514, 80...
BYD expects its market share to grow 40 percent to 50 percent in 2023, after expanding its business over the last two years, Mendez said. Moises Soto, commercial manager in Panama of Chinese carmaker Geely Auto, said that the new law has given the electric vehicle sector a notable boost. ...
“We are very confident the ES6 will compete in this premium SUV market,” NIO’s founder and CEO, William Li, said in an interview at the Shanghai auto show. Sales of battery-powered vehicles and gasoline-electric hybrids in China almost doubled last year to 6.9 million vehicles, or hal...
THE HAGUE, March 30 (Xinhua) -- Chinese Electric Vehicle (EV) makers are making noteworthy progress in the Dutch market, according to a Senior Economist at the ING Bank. During a recent interview with Xinhua, Rico Luman, Senior Economist of Transport, Logistics, and automotive at ING Bank,...
How to drive winning battery-electric-vehicle design: Lessons from benchmarking ten Chinese models Read the report To compete in the Chinese BEV market, OEMs should focus on five strategic principles Because of its sheer size, intense competition, and discerning customers, the ...
Business ecosystem dynamics in the Chinese electric vehicle market: co-evolution of capabilities and dynamicsView further author informationhttps://orcid.org/0000-0003-4884-0669Jiuchang WeiView further author informationhttps://orcid.org/0000-0002-4710-0944...
By ZHANG Mingrui China's electric SUV market is one of the fastest-growing automotive sub-sectors globally. The price war that has swept across China since last year has now blown into the electric SUV sector, dominated by BYD and Tesla.Earlier this mont
“We are very confident the ES6 will compete in this premium SUV market,” NIO’s founder and CEO, William Li, said in an interview at the Shanghai auto show. Sales of battery-powered vehicles and gasoline-electric hybrids in China almost doubled last year to 6.9 million vehicles, or hal...