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Tesla, BYD and China
Tesla's Oct China-made EV sales fall 5.3% y/y
U.S. automaker Tesla sold 68,280 China-made electric vehicles in October, down 5.3% from a year earlier, data from the China Passenger Car Association (CPCA) showed on Monday. Deliveries of China-made Model 3 and Model Y vehicles fell 22.
China's BYD overtakes Tesla revenue for first time
However, Tesla still sold more electric vehicle (EVs) than BYD in the third quarter. It comes as EV sales in China have been getting a boost from government subsidies to encourage
Chinese EV maker BYD's quarterly sales overtook Tesla's for the first time
The milestone comes amid tough competition in China, the world’s largest auto market, as well as higher tariffs on imports of Chinese EVs into the EU.
5 reasons BYD is surging ahead after eclipsing Tesla's quarterly sales for the first time
The Chinese EV giant announced record revenues in its Q3 earnings on Wednesday, surpassing Tesla's revenues from EV sales for the first time.
BYD’s Sales Hit a Record. It’s Neck and Neck in EV Race With Tesla.
The Chinese EV maker BYD just won’t stop growing, raising the possibility that it might again beat Tesla in terms of electric-vehicle sales in the fourth quarter. Tesla, however, won’t go quietly into the night.
Tesla faces serious issues as sales are beaten by China's BYD for the first time in huge EV shift
Chinese electric vehicle manufacturer BYD has achieved a significant milestone, surpassing Tesla in quarterly revenue for the first time, causing a potential headache for billionaire owner Elon Musk.
Trouble For Tesla? BYD Sales Top Musk’s Monster, With More Mayhem To Come
In a groundbreaking shift, China’s BYD EV company outpaced Tesla in global sales during Q3 of this year, signaling China’s rise both as the largest EV market and the biggest builder of electric vehicles.
China, DeepRoute.ai
DeepRoute raises $100M in push to beat Tesla’s FSD in China
DeepRoute.ai, a Shenzhen-based autonomous driving technology startup, raised $100 million from an unidentified Chinese automaker. The company aims to get
China's DeepRoute.ai Raises $100 Million as Smart Driving Adoption Speeds Up
Chinese autonomous driving technology developer DeepRoute.ai has raised $100 million from an automaker, the company said on Monday, as it looks to bolster mass adoption of its systems on vehicles ahead of Tesla in China.
China’s DeepRoute.ai secures $100m for smart driving expansion
DeepRoute.ai, a Chinese autonomous driving technology developer, has secured $100m (710m yuan) funding from an undisclosed automaker, reports Reuters. The company’s existing investors, including Alibaba,
1h
BYD's hybrid popularity catches up to Tesla in China
Tesla's sales slip comes amid a record year for competitor BYD in the ever-important Chinese market.
5h
Meet Musk’s fixer, the powerful executive reshaping Tesla
Omead Afshar, known for his ability to mind-meld with the CEO, steps into the prominent role as the auto business confronts ...
4d
China Market Update: BYD Revenue Exceeds Tesla, Tesla’s Market Cap Is 7X Larger
Asian equities were mixed overnight after Microsoft and Meta reported disappointing financial results after the US market ...
1d
on MSN
The China threat and the EV slowdown— 2 takeaways from a busy few weeks in auto news
EV leaders are facing roadblocks heading into the final quarter of 2024.
16h
Tesla's stock falls again, toward longest losing streak in 7 months
Tesla's stock was falling 1.7% in recent trading toward a sixth straight loss, which would be the longest losing streak since the seven-day stretch that ended April 22. For those wondering it the ...
Business Times
2h
Audi Group profit slumps on China weakness, plant restructuring
VOLKSWAGEN’S Audi-led premium brands barely eked out an operating profit in the third quarter after waning luxury spending in ...
1d
The 2025 Model Y Juniper Is Coming, As Tesla Gears Up For Change
A redesigned Model Y is on the horizon, along with a shift in Tesla’s overall approach to vehicle design.
1d
China to file lawsuit with WTO against EU's final EV ruling, commerce ministry says
China's commerce ministry said on Monday that it has decided to file a lawsuit with the WTO against the EU's final ...
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