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18.03.26 - 08:30
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China′s Geely beats BYD in sales, CATL′s profit surges 42%: 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. Geely beats BYD sales in first 2 months of 2026 to become China's top carmaker
Geely Auto has gained the upper hand in mainland China's intensifying automotive sector, as its diverse product line-up pays off after electric vehicle (EV) king BYD suffered a setback following partial......
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11.03.26 - 09:06
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Geely Auto beats BYD sales in first 2 months of 2026 to become China′s top carmaker (SCMP)
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Geely Auto has gained the upper hand in mainland China's intensifying automotive sector, as its diverse product line-up pays off after electric vehicle (EV) king BYD suffered a setback following partial withdrawal of a tax break.
Controlled by Chinese billionaire Li Shufu, Geely overtook BYD in sales during the first two months of the year because of its vehicles' quality and reliability, even as Beijing intensified efforts to curb price competition among carmakers, according to......
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23.02.26 - 11:36
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Geely and Wuling dominate China EV sales, surpassing Tesla and BYD (SCMP)
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Amid intensifying competition among Chinese electric-vehicle makers last year, inexpensive models from Geely Auto and Wuling Motor Holdings topped the sales chart, surpassing higher priced cars from BYD and Tesla.
Geely sold more than 459,000 units of the Xingyuan EV, priced between 68,800 yuan (US$9,960) and 98,800 yuan, in 2025, versus 52,570 a year earlier, according to a list of the top-selling EV models on the mainland compiled by a unit under the state-owned China Automotive Technology and......
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05.02.26 - 09:06
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Autobauer Volvo tut sich schwer mit der Kehrtwende - Rote Zahlen 2025 (Cash)
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- Der schwedische Autobauer Volvo Cars kämpft weiter mit dem harten Umfeld in der Branche. Im vergangenen Jahr sackten Verkäufe und Umsatz spürbar ab, unter dem Strich rutschte das vom chinesischen Geely-Konzern kontrollierte Unternehmen gar in die roten Zahlen. Der Verlust betrug rund drei Milliarden schwedische Kronen (281 Mio Euro), wie Volvo-Chef Hakan Samuelsson am Donnerstag in Göteborg einräumen musste....
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17.11.25 - 09:30
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Geely′s third-quarter revenue and profit soar on surging EV sales on mainland (SCMP)
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Geely Auto, mainland China's second-largest carmaker, reported a 27 per cent jump in third-quarter revenue on the back of a near 100 per cent jump in electric vehicle (EV) sales this year.
The Zhejiang-based carmaker reported revenues of 89 billion yuan (US$12.5 billion) in the July-September period, compared with 70 billion yuan a year earlier. Net profit jumped 59 per cent to 3.8 billion yuan.
For the first nine months of the year, Geely's revenue rose 26 per cent to 239 billion yuan, but net......
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23.10.25 - 10:21
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ROUNDUP: Autobauer Volvo verdient mehr als erwartet - Aktie springt hoch (DPA-AFX)
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Der von chinesischen Eigentümern kontrollierte schwedische Autobauer Volvo Cars hat im dritten Quartal von dem vor einiger Zeit eingeleiteten Sparprogramm profitiert. Der Gewinn vor Zinsen und Steuern (Ebit) zog trotz niedrigerer Erlöse um elf Prozent auf 6,4 Milliarden schwedische Kronen (rund 585 Mio Euro) an, wie das Unternehmen am Donnerstag in Göteborg mitteilte. Damit übertraf der Autohersteller die Erwartungen der von Bloomberg erfassten Experten deutlich. Der Umsatz sank wegen eines erneuten Absatzrückgangs um sieben Prozent auf gut 86 Milliarden Kronen. Die in den vergangenen Jahren sehr schwache Aktie machte einen kräftigen Satz nach oben..
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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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24.08.25 - 15:00
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Can Tesla′s Chinese AI Gamble Reverse Its Sales Slump? (24/7 Wall St.)
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Tesla's Chinese Challenge Tesla (NASDAQ:TSLA), once a dominant force in China's electric vehicle (EV) market, is facing headwinds. In the second quarter, Tesla's sales in China dropped 11.7%, a stark contrast to the robust growth of local EV giants like BYD (OTC:BYDDY) and Geely. Chinese consumers, accustomed to tech-laden vehicles, are increasingly favoring domestic brands […]
The post Can Tesla's Chinese AI Gamble Reverse Its Sales Slump? appeared first on 24/7 Wall St.....
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