Analysis: Rough road ahead for US EV makers despite upbeat quarterly sales
Demand for EVs has grown more slowly than expected due to high borrowing costs, economic uncertainty and consumer preference for gasoline-electric hybrids.
Tesla’s quarterly deliveries fall less than expected; shares rally
The automaker said price cuts and other incentives had helped to stimulate demand.
Tesla’s June China-made EV sales down 24.2% y/y
Deliveries of the Model 3 and Model Y fell from May levels.
China’s BYD posts 21% jump in quarterly EV sales, closes gap with Tesla
BEIJING (Reuters) -China’s BYD posted a 21% rise in second-quarter electric vehicle sales, closing the gap with Tesla after handing back the world’s...
Tesla deliveries set to fall for second straight quarter
The electric vehicle maker is facing stiff competition from China.
Peru trying to lure BYD auto plant with industrial park incentive
President Dina Boluarte said if BYD were to build an auto assembly plant in Peru, it would benefit from the Chancay port under...
Berkshire Hathaway accelerates sales of China’s BYD
BEIJING/NEW YORK (Reuters) – Warren Buffett’s Berkshire Hathaway has accelerated its selling of shares in BYD, China’s largest seller of electric vehicles. Berkshire...
Nissan to start producing EVs for Dongfeng Motor by year-end, Nikkei reports
The carmaker hopes the deal will lift it out of a slump.
Vietnam’s VinFast looks to tiny EV, priced at less than $10,000, to change its fortunes
Vinfast is hoping to win over consumers in Asian markets with its tiniest and cheapest car yet.
China’s BYD launches third EV model in Japan
The sedan will be BYD's most expensive model so far.
