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Every EVXL story tagged “BYD” — newest first.

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China

China’s EV Market Thrives Despite Slump

China’s electric vehicle (EV) market continues to thrive, with manufacturers reporting strong sales growth in May, despite a general decline in consumer spending. This growth is driven by price cuts and new model launches, leading companies like BYD, Nio, and Seres Group to see significant sales increases, reports Bloomberg. Surge in Sales Leading EV manufacturers…

In a fresh move to entice car enthusiasts, Tesla, the renowned U.S. automaker, has introduced an updated Model Y in China.
Tesla

Tesla’s Top Exec Heads Back to China as Sales Slump

Tesla is sending executive Tom Zhu back to China amid slumping sales and increased competition in the world’s largest electric vehicle market. Zhu, who was promoted to senior vice president of automotive in April 2023, previously led Tesla’s entry into China and oversaw the company’s Asia Pacific operations, Bloomberg reports. Zhu’s Role and Promotion Tom…

Lucid Motors Expands Horizons with New Saudi Arabia Production Facility
Lucid

Lucid CEO Highlights Chinese EVs’ Tech Gap with Tesla Despite Rapid Progress

At the recent Financial Times’ Future of the Car Summit, Lucid CEO Peter Rawlinson delivered a nuanced view on the electric vehicle (EV) landscape. He acknowledged the significant strides Chinese automakers like BYD have made, yet he emphasized that they still lag behind Tesla in core EV technology. Rawlinson’s insights provide a unique perspective as…

Zeekr Charges Into European EV Market
Zeekr

Zeekr Charges Into European EV Market

Zeekr, the electric vehicle (EV) subsidiary of Geely Automobile, is pushing into the European market with two of its premium electric vehicles now

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