The workers who traveled from China to northeast Brazil to build a new factory for electric car maker BYD earned roughly $70 per 10-hour shift, over twice the Chinese hourly minimum wage in many regions.
The good folks over at the 'CSL AutoTime' channel on YouTube have an unusual EV drag racing setup - at least for America - between a Model Y and a BMW iX3
Electric Vehicle Market Electric Vehicle Market Dublin, Jan. 29, 2025 (GLOBE NEWSWIRE) -- The "Electric Vehicle Market by Product, Range, Vehicle Type, Vehicle Class, Region and Company Analysis 2025-2033" report has been added to ResearchAndMarkets.
The Chinese EV brand netted 14.4 per cent of the Singapore new car market in 2024. Read more at straitstimes.com.
BYD has beaten out Toyota Motor to take the title of most popular car brand in Singapore for the first time. Read more at The Business Times.
BYD COMPANY (01211.HK) toppled Toyota for the first time in 2024 to become the most popular car brand in Singapore, foreign news reported. BYD's sales in Singapore surged to 6,191 units in 2024, beating Toyota's 5,
According to Bloomberg, in 2024, BYD zoomed past Toyota with 6,191 cars sold, compared to Toyota’s 5,736, more than quadrupling sales from 1,416 BYD cars sold the previous year. The company captured 14 per cent of Singapore’s tightly regulated market, also outpacing Tesla (2,384), Mercedes-Benz (4,487), and BMW (5,042).
CN MOC: 2024 Total Retail Sales of Social Consumer Goods Rise 3.5% YoY to RMB48.8T
Tesla's quarterly financials missed expectations due to lackluster demand from an aging vehicle lineup, despite financing deals and discounts. The electric car giant aims for growth via cheaper models and new autonomous technology,
Across Europe, Chinese carmakers held onto 8.2% of the EV market in December — a slight bump up from November but still below the average.
While no major car rental company offers fully electric models, one small specialist firm has saw an opportunity to address the growing demand for the superior driving experience these cars offer.