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29.09.25 - 00:36
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China′s EV king BYD expects international sales to top 20% this year (SCMP)
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Chinese electric-vehicle (EV) king BYD expects exports to make up about 20 per cent of its global sales this year, spurred by improved logistics and new model launches.
The Shenzhen-based carmaker forecasts 800,000 to 1 million deliveries outside mainland China in 2025, compared with projected total sales of 4.6 million units, said Li Yunfei, the company's general manager of branding and public relations.
“We estimate that the proportion of our overseas sales would hit 20 per cent this year,” he......
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25.09.25 - 12:24
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Tesla Sales Slump as BYD Surges in Europe Car Market, Denmark Drone Attack | The Pulse 9/25/2025 (Bloomberg)
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European car sales edged up again in August, as consumers continue to warm to electric and hybrid models produced by the region's manufacturers in their fightback against Chinese rivals. US EV pioneer Tesla continued its downward spiral. European sales of the brand led by Elon Musk dropped 22% in August, giving it a market share of just 1.9%. Volkswagen, BMW and Mercedes-Benz all gained, while BYD outshone them all as it more than tripled deliveries, though sales still remain relatively low. In geopolitics, Denmark endured the second drone attack this week as authorities probe potential Russian involvement in the incidents and discuss how to involve NATO allies.
Today's guests: Philipp Freise, KKR European Private Equity Co-Head, Beata Javorcik, EBRD Chief Economist, Brian Bernasek, Carlyle Americas Co-Head, Angie Long, Palmer Square Capital Management CIO. (Source: Bloomberg)...
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17.09.25 - 09:18
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Tesla sales continue to decline in China, BYD′s European expansion: 7 EV reads (SCMP)
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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. Tesla continues its skid in China as August sales and market share fall
Tesla is gradually losing its appeal in China's premium electric vehicle (EV) segment as its sales and market share fall.
2. China's EV makers face uphill task to meet 2025 break-even target
Chinese makers of smart......
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04.09.25 - 13:27
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BYD Slashes Annual Sales Target As Demand Slumps, Competition Intensifies (ZeroHedge)
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BYD Slashes Annual Sales Target As Demand Slumps, Competition Intensifies
China's hyper-competitive electric vehicle market means that even top players, such as BYD Auto, are no longer immune, as smaller players continue to gobble up increasing market share. This comes as growth in the world's largest EV market slowed over the summer, with mounting headwinds expected this fall.
BYD, the world's largest EV maker, slashed its full-year sales target to 4.6 million units, down a whopping 16% from its previous estimate of 5.5 million, according to a Reuters report. The downshift in forecast was attributed to intensifying competition in China's EV market from rivals such as Geely, Xpeng, and Xiaomi. BYD also reported a 30% plunge in quarterly profit and flat deliveries in July to August.
*BYD CUTS 2025 SALES GOAL AS MUCH AS 16% TO 4.6M VEHICLES: RTRS
— zerohedge (@zerohedge) September 4, 2025
Despite the cut, one Wall Street analyst noted that the new target is more realistic and aligns...
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