Tesla And BYD Both Seeking To Make Affordable EVs In India
India is the world’s third-largest new-car market, after China and the U.S., and the two leading EV makers are looking to tap it with affordable models. Tesla is discussing an investment deal with the Indian government that would see the…
BYD Plans $1 bln India EV Investment
Reuters sources say the world’s biggest maker of EVs and hybrids has submitted a $1 billion investment proposal to regulators. They say it wants to build electric cars and batteries there. That would be in conjunction with local firm Megha…
Chinese EVs Charged Up To Threaten U.S., European Automakers On Home Turfs
Chinese electric car companies are growing, and they’re preparing to challenge legacy automakers in the United States and Europe on their home turfs. The growth bid by such Chinese EV players as BYD Co. Ltd. is shaping conversations among policymakers…
Sales surge for three emerging Chinese Tesla competitors as BYD takes the lead.
Hong Kong, not only China-based BYD, which is now a formidable electric car-maker, but three other Tesla rivals have also seen their sales surge in June in China as demand for EVs comes back on track. According to a report in the South China…
Tesla China On Track To Hit Record Q2 Sales Even As Market Share Shrinks Amid Heated Rivalry
TSLA is gearing up to report its global second-quarter deliveries this weekend. Pointers are toward a record performance, with the electric vehicle maker’s key China market likely seeing marked strength. What Happened: Tesla’s second-quarter China sales may have increased 13% quarter-over-quarter to 155,000 units,…
BYD India partners Bajaj Fin For Dealer Finance
Chinese electric vehicle maker BYD’s subsidiary BYD India has signed an initial pact with Bajaj Finance for access to finance to its dealers and customers in the country, the company said on Wednesday. The strategic partnership aims to provide comprehensive…
China’s EV Battery Sector Is Preparing A New Breakthrough
One of China’s top battery-makers believes it has cracked a technology to provide even cheaper and more powerful packs for electric vehicles. Gotion High-Tech recently unveiled a lithium-manganese-iron-phosphate battery – LMFP for short – which it says will power an…
China’s EV Market Recovers, KARS A Fund To Watch
EV manufacturers in China almost all reported rising sales in May as consumer and EV market recovery continues. As demand continues to grow, the KraneShares Electric Vehicles and Future Mobility ETF (KARS) remains well positioned to capture gains. China is home to…
Chinese Carmaker’s Ambitious Plan To Become NZ’s Leading EV Brand
BYD’s New Zealand stocks have quickly risen from total unknown to household name in very short time. Now, the brand is set to take on the best from Japan and Europe – hitching its ambitions to its growing range of…
Tesla Analyst Says ‘Golden Goose Of EV Market’ Key To Global Dominance
Tesla, Inc. CEO Elon Musk’s China visit is a big deal as the billionaire is visiting the country for the first time in about three years, said Wedbush analyst Daniel Ives. Musk is likely to spend most of his visit around the key Giga…
