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Chinese EV leaders BYD and NIO achieve record EV sales as price war looms

Electrek

Several leading Chinese EV makers, including BYD and NIO, posted strong sales results this week. NIO hit a new record in Q3, while BYD continued its dominant streak with record-breaking EV sales in September. more… The post Chinese EV leaders BYD and NIO achieve record EV sales as price war looms appeared first on Electrek.

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BYD to face Tesla in new market [Feature]

Teslarati

BYD will be facing Tesla in a new market: South Korea. The Chinese automaker recently announced it would enter South Korea’s passenger car market next year. On Wednesday, November 13, BYD’s Korean sales subsidiary—BYD Korea—announced it “completed review to release passenger car brands in the domestic market.”

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Nissan and Honda may team up to slash EV prices and take on Chinese automakers like BYD

Electrek

Nissan and Honda are considering teaming up to introduce more affordable EVs to compete with Chinese automakers like BYD. The partnership could include a new EV platform.

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Newcomer Chinese EV brand Deepal sizes up Tesla, BYD, Zeekr and Xpeng

EV Central

But while the first Deepal model to come to Australia, the S07 electric SUV, is sharply priced overseas, local importer Inchcape says it won’t be the cheapest electric SUV in the market. READ MORE: Fancy another Chinese takeway? The one piece of the value equation we’re yet to learn about is pricing.

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Price war helps electric vehicle sales rebound in May, as BYD eats into Tesla market share

The Driven EV News

EV sales see a rise with over 8,000 electric cars sold in Australia in May, but with BYD and other Chinese car makers eating into Tesla's dominant market share. The post Price war helps electric vehicle sales rebound in May, as BYD eats into Tesla market share appeared first on The Driven.

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Dolphin dive! BYD considers more gear and a lower price for its cheapest EV as sales stay under water

EV Central

The slow-selling BYD Dolphin electric hatchback appears set for a further price dive and equipment upgrade, while the prospects of its even smaller relation the Dolphin Mini coming to Australia are diminishing. Priced from $36,890 plus on-road costs, the Dolphin is averaging just under 200 sales per month in 2024. SUV and utes.

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BYD sets lower sales growth & warns of looming price war

Teslarati

BYD set lower sales growth goals for 2024, warning of a looming price war and overcapacity in Mainland China’s electric vehicle (EV) sector. BYD Chairman and President Wang Chuanfu held an investors conference earlier this week. The Chinese automaker estimates account for some challenges BYD expects this year.

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