1 week ago Tesla’s brand is losing its shine, lagging BYD, Xiaomi, UBS poll finds

Tesla’s brand has lost the lustre in its major markets due to the political engagements of its CEO Elon Musk, creating opportunities for Chinese rivals like BYD and Xiaomi to fill the void, according to a UBS survey. The number of electric vehicle (EV) buyers who pick Tesla as their top choice fell last year to 14 per cent in mainland China, down from 18 per cent in 2023 and nearly half of the 30 per cent peak in 2020 when the US carmaker began assembling its Model 3 in Shanghai, UBS said in a...

Politics

1 week ago Tesla’s brand is losing its shine, lagging BYD and Xiaomi: UBS poll

Tesla’s brand has lost the lustre in its major markets due to the political engagements of its CEO Elon Musk, creating opportunities for Chinese rivals like BYD and Xiaomi to fill the void, according to a UBS survey. The number of electric vehicle (EV) buyers who pick Tesla as their top choice fell last year to 14 per cent in mainland China, down from 18 per cent in 2023 and nearly half of the 30 per cent peak in 2020 when the US carmaker began assembling its Model 3 in Shanghai, UBS said in a...

Politics

1 week ago China’s driverless mining trucks, BYD outshines Tesla in Europe: 7 EV reads

We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. China deploys world’s biggest fleet of driverless mining trucks Chinese state-backed energy giant Huaneng Group on Thursday launched the world’s largest fleet of unmanned electric mining trucks in Inner Mongolia, featuring 100 vehicles equipped with Huawei Technologies’ autonomous...

Transport

1 week ago BYD, Xiaomi overtake Tesla as top EV brand choices in China, says UBS

BYD, Xiaomi overtake Tesla as top EV brand choices in China, says UBS  CnEVPost

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2 w. ago How China EVs are winning over Europe while Tesla keeps losing ground

How China EVs are winning over Europe while Tesla keeps losing ground  Quartz

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2 w. ago How China EVs are winning over Europe while Tesla loses ground

How China EVs are winning over Europe while Tesla loses ground  Quartz

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2 w. ago BYD overtakes Tesla in Europe for the first time as battery EV sales jump 169% in April

Shenzhen-based BYD sold 7,231 battery electric vehicles in April versus 7,165 by Tesla, according to data from Jato Dynamics.

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2 w. ago BYD overtakes Tesla in Europe for the first time as sales jump 169% in April

BYD sold more battery electric vehicles (BEVs) than market leader Tesla in Europe for the first time last month, as the Chinese carmaker continued to make inroads despite hefty tariffs on cars imported from the mainland. Shenzhen-based BYD, which also makes plug-in hybrids (PHEVs), sold 7,231 BEVs in April, a year-on-year increase of 169 per cent, according to data compiled by market research firm Jato Dynamics from 28 countries in Europe. Tesla’s sales fell 49 per cent to 7,165 units in the...

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2 w. ago China's BYD outsells Tesla in Europe for first time, report says

China's BYD outsells Tesla in Europe for first time, report says  Reuters

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