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BYD loses ground to competitors in China’s EV market
BYD is currently free-falling in the Chinese market as its competitors gain impressive ground. Following the crackdown on aggressive discounting strategies used by Chinese automakers, the sector’s lea...
Tesla lands on the chopping block as India mulls hefty tax on luxury EVs
A tax panel in India has called for a sharp increase in consumer levies on high end electric vehicles that may have a bearing on sales for automakers like Tesla, BMW, Mercedes-Benz, and BYD, according...
Tesla's Model Y reports underwhelming sales in India as tariffs bite
Tesla entered the Indian market in July and has received fewer orders than expected, reportedly just over 600. Based on quarterly results, the number of sales in India equals the number of vehicles de...
Tesla's revenue slump in Europe stretches to eight straight months
Tesla just clocked its eighth straight month of bleeding out in Europe, with sales down across almost every major market, after August offered no relief. The numbers show a company losing ground to fa...
BYD battles price wars locally while accelerating global expansion
BYD, China’s biggest electric vehicle manufacturer, reported its first quarterly profit decline in three years. Second-quarter net income tumbled nearly 30% to ¥6.36 billion ($892 million), coming in ...
Nvidia’s fate in China may look a lot like what BYD did to Tesla
Nvidia posted another record quarter; $46.7 billion in revenue, a 56% increase from a year ago, and $26.4 billion in net income, as Cryptopolitan reported last week. It’s expecting to hit $54 billion ...
BYD compounds Tesla's sales woes as revenue surges 14%
BYD delivered a 14% profit jump in the first half of 2025, while Tesla’s sales in Europe dropped for the seventh straight month, exposing a growing gap between the two EV giants. The numbers came dire...
Western automakers face high costs, tariffs, competition, and strict carbon rules while shifting to EVs
Auto makers across Europe and the United States are dealing with several crises simultaneously. Slimmer profits, workforce reductions, and cost-cutting are spreading. At the same time, the US has star...
Guangdong faces weak growth as US-China trade strains bite
Once an economic hub, Guangdong now shows the strain of China’s shifting economy, with shut-down factories and quiet streets reflecting a wider slowdown across the southern export hub. The United Stat...