Tesla China sells 77,695 Vehicles in May, a 2.44% month-Over-Month Increase
Recent figures released by the China Passenger Car Association (CPCA) have revealed that Tesla China was able to sell a total of 77,695 domestically-produced vehicles in May. The number includes electric cars that were exported to foreign territories. Tesla’s May 2023…
India’s EV industry & aim to 100% make in India EV
India is a rapidly growing economy that is transforming into a manufacturing hub for various sectors. In recent years, the Indian government has been promoting local production and reducing imports, and this strategy is being implemented in the electric vehicle…
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…
Tata’s EV Dominance In India Faces Challengers Even Without Tesla
Hyundai Motor and MG are among the electric vehicle makers challenging Tata Motors’ dominance in India, a market where Tesla has yet to arrive and Chinese automakers face hurdles to investment. Hyundai Motor India plans to invest 200 billion rupees…
Tata Motors Total Sales Decline YoY, Electric Cars Give Firm A Boost
Tata Motors sold 74,973 vehicles in May 2023, down 2 per cent year-on-year (YoY) as the automaker made gains in the electric cars (EV) market. The company’s total private vehicle sales went up by 6 per cent YoY at…
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…
BYD, China’s Largest EV Manufacturer, Takes Aim At Southeast Asia Market
China’s largest electric vehicle manufacturer, has begun to penetrate the Southeast Asian market to challenge the stronghold held by Japanese automakers in the region. BYD has launched an offensive on Japanese EVs, which hold more than 80% of market share…
New Energy Electric Vehicles In Gangbei District Of Guigang City Enters The ASEAN “Blue Ocean” Market
Recently, Guangxi Guigang Fushuai Electric Vehicle Co., Ltd. and PT. DFU INTERNATIONAL INDONESIA signed the first batch of directional purchase contracts for 20,000 new energy electric vehicles in Jakarta, Indonesia. Crystal Huang, CEO of PT. DFU INTERNATIONAL INDONESIA, said that driven…
Ford CEO Says Biggest Rival Is China
Ford CEO Jim Farley says China is its biggest competitor in the electric vehicle market as it looks to compete with the likes of BYD, Geely, SAIC Motor, and Great Wall Motor. At the recent Morgan Stanley Sustainable Finance Summit conference,…
