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Tesla Rival BYD Launches $15,000 Seal 06 Sedan As China's EV Price War Heats Up
Tuesday, June 10, 2025 - 6:39am | 459BYD Co. Ltd. (OTC:BYDDY) (OTC:BYDDF) has launched a $15,000 EV as the electric vehicle price war heats up in the Chinese domestic market. What Happened: Available in two trim levels, the Seal 06 EV offers a range of 292 miles with the 46 kWh battery pack, while the long-range variant is good for...
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Chinese EV Makers Pivot To Africa Amid EU And US Tariff Hurdles
Monday, July 8, 2024 - 7:00am | 768In response to the increased tariffs imposed by the European Union and the United States, Chinese electric vehicle (EV) manufacturers are exploring Africa as a potential market. What Happened: The decision by the EU and U.S. to impose higher tariffs on Chinese EVs has led Chinese companies to seek...
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Forget Tesla? Young American Drivers Overwhelmingly Say 'Yes' To Chinese EVs Despite Security Worries
Tuesday, May 28, 2024 - 7:51am | 437A significant majority of young Americans are reportedly open to the idea of purchasing Chinese electric vehicles (EVs), despite potential data privacy risks. What Happened: A study conducted by AutoPacific found that 76% of Americans under the age of 40 would consider buying a Chinese EV. The...
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Chinese Carmaker Finally Breaks Into Global Top 10 Auto Sales: No, It's Not BYD
Tuesday, May 28, 2024 - 4:56am | 512In a significant milestone for the Chinese automotive industry, Zhejiang Geely Holding Group (OTC:GELLY) has secured a spot in the global top 10 for auto sales in the first quarter of 2024, a first for any carmaker from the Asian country. What Happened: According to a report by...
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Tesla Killer Lands In Europe: BYD's Seagull EV Poised To Disrupt With Sub-$21K Price Tag Even After Tough Tariffs
Wednesday, May 22, 2024 - 2:50am | 710BYD Co. (OTC:BYDDF), a leading Chinese electric vehicle manufacturer, is set to launch its budget-friendly electric vehicle in Europe, posing a significant challenge to local automakers. What Happened: BYD, which overtook Elon Musk‘s Tesla, Inc. (NASDAQ:TSLA) in the last quarter of 2023 to...
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Tesla's Top Chinese Rival Rocked By Strike As Workers Protest Income-Cutting Work Schedule: Report
Tuesday, May 21, 2024 - 5:19am | 653Last week, employees at a BYD Co. (OTC:BYDDY) (OTC:BYDDF) factory in China reportedly went on strike, protesting against changes in their work schedules that would reduce their income. What Happened: According to CarNewsChina, citing local media, the strike began last week at the BYD...
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Nio, Xpeng Take Twice As Long As Tesla To Pay Suppliers: What's Ailing Chinese EV Makers?
Monday, May 20, 2024 - 5:35am | 445Chinese EV makers Nio Inc (NYSE:NIO) and Xpeng Inc (NYSE:XPEV) are reportedly taking over 200 days to pay their suppliers, more than twice their larger rival Tesla Inc (NASDAQ:TSLA). What Happened: While Nio took around 295 days to clear its receipts as of the end of 2023, XPeng took 221 days,...
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Chinese EV Maker XPeng To Hold AI Day Next Week As Tesla's Event Stands Canceled Over Copycat Concerns
Friday, May 17, 2024 - 3:10am | 417Chinese EV maker XPeng Inc (NYSE:XPEV) is now looking to hold its own AI Day next week after American EV giant Tesla, Inc. (NASDAQ:TSLA) dropped holding the event due to concerns about potential imitation. What Happened: XPeng’s AI day press conference live will start at 7:30 pm local time on...
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GM's President Just Wants 'A Level Playing Field' Against Chinese EV Companies As Legacy Automaker Launches Tesla Model Y Challenger
Thursday, May 16, 2024 - 7:48am | 523Legacy automaker General Motors Co (NYSE:GM) wants a level playing field against Chinese EV makers, as per company President Mark Reuss. Taking On China: China’s lower-priced products might force the local players out of the market, Reuss told InsideEVs at the Chevrolet Equinox EV launch...
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Struggling Chinese EV Maker Aiways Stages Comeback Via $400M US SPAC Deal After Zeekr's Stellar New York Debut
Thursday, May 16, 2024 - 4:09am | 495Chinese EV maker Aiways will go public via a merger with U.S. Special Purpose Acquisition Company Hudson Acquisition Corp (NASDAQ:HUDA) in a deal that values the EV maker at about $400 million. The SPAC announcement comes days after Chinese auto company Geely‘s Zeekr (NYSE:ZK) brand started...
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Nio's Mass-Market EV Brand Will Be Led By Former Disney Exec Whose Name Literally Means 'Will Surely Succeed'
Wednesday, May 15, 2024 - 8:43am | 399Chinese EV maker Nio Inc‘s (NYSE:NIO) new sub-brand Onvo will be headed by former Vice President of Marketing at Disney, Ai Tiecheng. Interestingly, the name of the new brand’s head means “will surely succeed.” What Happened: Ai Tiecheng, who also goes by his English name...
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Warren Buffett-Backed BYD's Cybertruck Rival To Make Global Debut Right Next Door To US Next Week
Tuesday, May 7, 2024 - 4:28am | 639Warren Buffett-backed Chinese EV maker BYD Co (OTC:BYDDY) (OTC:BYDDF), is preparing for the global debut of its first pickup truck, the BYD Shark, in Mexico on May 14. What Happened: As reported by CnEVPost, the BYD Shark is BYD’s first new model to debut overseas in...
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Tesla's Chinese Rivals Conquer Overseas Markets At Crazy Growth Rates As Domestic Sales Sputter: No Surprise Who's Leading EV Chart
Monday, May 6, 2024 - 2:07am | 803China’s homegrown EV makers are making waves overseas while facing a slowdown at home. What Happened: In the first quarter of 2024, local car brands saw a 40% increase in overseas sales compared to the same period last year, reaching a total of 470,000 units...
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Why Tesla Rival BYD Charges Up To 3x More For EVs In Europe While China Prices Remain Shockingly Low
Sunday, April 28, 2024 - 9:43pm | 935While fears of a Chinese EV invasion grip the United States, a surprising trend has emerged: China’s top electric vehicle maker, BYD Co. (OTC:BYDDY) (OTC:BYDDF), isn’t flooding Europe with bargain-basement cars. Instead, it’s charging significantly higher...
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If You Had Invested $1000 In Tesla Stock When EV Giant Entered China Exactly 10 Years Ago, Here's How Much You'd Have Now
Monday, April 22, 2024 - 8:25am | 816EV giant Tesla, Inc. (NASDAQ:TSLA) is going through a rough patch as CEO Elon Musk pushes his "blindingly obvious" robotaxi vision through a sea of skepticism amid a slowdown in the EV industry marked by price wars, bankruptcies and job cuts. However, a rewind reveals Tesla...