A similar phenomenon has occurred in China, where local municipalities have implemented their own incentives for EVs. For ...

Tesla, the US electric vehicle giant, celebrated record sales in China in 2024, but analysts warn that sustaining this ...

Tesla faces fresh threats as Chinese automakers double down on domestic market in the face of hefty export tariffs in the U.S. and European Union.

The Chinese automaker BYD, which makes fully electric and hybrid vehicles, just announced record sales for the year.

After outpacing Tesla and smashing 2024 sales records, BYD faces its toughest road yet. With 45% EU tariffs and a locked-out U.S. market, can the EV giant supercharge global ambitions or stall under ...

BYD’s aggressive year-end sales push worked. China’s leading EV maker sold a record number of vehicles in 2024, but was it enough to take the global EV sales crown from Tesla? It was a close one.

The 20,000 yuan (US$2,740) subsidy for replacing oil guzzlers ... For now, carmakers are celebrating their new milestones. BYD, the world’s largest electric car assembler, sold 514,809 units ...

China's biggest electric vehicle (EV) maker BYD revealed record sales of both hybrids and EVs worldwide in 2024, supported by soaring domestic demand, as well as the success of government trade-in ...