A number of BYD’s domestic peers posted double-digit growth of delivery in 2023. Aion maintained lead in emerging Chinese EV brands in terms of sales volume. The brand owned by the state-owned manufacturer Guangzhou Automobile Group Co., Ltd. (GAC) sold 45,947 vehicles in December with a...
2 (Xinhua) -- Atto 3, an electric subcompact crossover model manufactured by China's BYD Auto, was the best-selling electric car in Israel in 2023, according to the Israel Vehicle Importers Association on Tuesday. The crossover model, which entered the Israeli market in late 2022, sold ...
BEIJING, October 31 (TMTPost) – Nezha, affiliated with Chinese all-electric car brand Hozon Auto, has recently signed a strategic cooperation agreement with car dealers in the United Arab Emirates (UAE) in a bid to launch multiple models in the Middle Eastern market in 2024, according to in...
Mercedes-Benz on Thursdaybecame the latest carmaker to push back its plans for electric vehicles (EVs) to make up most of its sales. The German luxury brand now says it won't meet its 2025 deadline to have EVs, including hybrids, make up 50% of all sales. Lackluster demand...
not able to deliver all the cars it builtin this year’s first quarter, but its Model Y crossover was still the most popular EV in the US by far. Americans bought 268,909 EVs in Q1 2024, and over one-third were Tesla Model Ys, or 96,729 examples, making it a clear sales leader...
China’s BYD shifted in 2021 to only manufacture EVs, and this year has overtaken Volkswagen as China’s best-selling car brand. During the third quarter, it approached Tesla’s global EV sales. 3. Chinese Manufacturers Accelerate International Expansion ...
Q3 EV SHARE OF TOTAL BRAND SALES In 2020, just three years back, EV sales in the U.S. passed 250,000 for the first time. This year, the market will jump past 1 million. In Q3, Tesla remains the undisputed leader in EV sales, with Ford a distant #2 on the list, selling just ...
Nezha said that the company plans to focus on the Asia-Pacific and Middle East markets in 2024, actively expanding in the European Union market. The company already has a presence in Latin America and Africa. In 2024, the company aims to achieve overseas sales of 100,000 units. In the Mi...
Nezha said that the company plans to focus on the Asia-Pacific and Middle East markets in 2024, actively expanding in the European Union market. The company already has a presence in Latin America and Africa. In 2024, the company aims to achieve overseas sales of 100,000 units. In the Mi...
The new energy vehicle sector has emerged as a key growth driver for China. In 2023, both the production and sales of new energy vehicles in China recorded significant figures of 9.587 million and 9.495 million units, respectively. These figures represent notable year-on-year growth rates of 35...