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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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BYD allegedly closing the gap with Tesla with Q2 EV sales

Teslarati

Chinese electric vehicle (EV) automaker is allegedly closing the gap with Tesla after Q2 2024. BYD’s electric vehicle (EV) sales increased 21% in the second quarter. The Chinese EV automaker sold around 426,039 electric vehicles between April and June.

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CRU: Chinese EV sales hit hard by COVID-19 outbreak, but only for short-term

Green Car Congress

The COVID-19 has hit the Chinese EV sector hard; CRU, a provider of business intelligence on the global metals, mining and fertilizer industries, believes that weak sales will last at least until early Q2 2020. Nonetheless, it continues to forecast Chinese EV sales growth in 2020 over 2019’s total. Pent-up demand.

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Tesla Model Y and BYD Atto 3 lead the way as Chinese-built electric vehicle sales soar in Australia

EV Central

The Tesla Model Y continues to lead the electric car surge in Australia, finishing fourth outright on the sales ladder in July. According to the official VFACTS figures, there were 3330 examples of the battery electric SUV sold in Australia last month. It also sits eighth for the year with 29,511 sales.

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USA Pulls Mexico Into Its Anti-Chinese EVs Policies

CleanTechnica EVs

There’s no doubt about it: China saw that the future of the car market was electric and zoomed far into lead. It has accounted for more than half of global electric car sales, and aside from Tesla, the biggest electric car producers in the world are Chinese. Despite being late.

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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

Green Car Congress

Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ —Gabriel Collins.

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BYD Delivers Over 3M Plug-in Vehicles In 2023, Beats Tesla In Quarterly EV Sales

Electric Cars Report

In 2023, BYD achieved a total yearly sales of 3,024,417 new energy vehicles, which includes battery-only and plug-in hybrid electric vehicles, a YoY growth of 61.8%. The Chinese company said it had sold a record 526,000 battery-only vehicles in the final quarter of 2023, up from 431,603 all-electric BEVs in Q3.

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