BYD profit falls 30% as domestic EV price war hits margins
On the Dash:
BYD’s Q2 net profit fell nearly 30% to 6.36 billion yuan ($891 million) due to an aggressive domestic EV price war.
Despite profit pressures, BYD’s revenue grew...
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
BYD
Tesla faces 40% drop in European sales as BYD surges
On the Dash:
Tesla’s European sales dropped 40% in July, while BYD surged 225%, highlighting a shift in market dynamics.
Tesla struggles with aging models, delayed refreshes, reputational challenges, and...
BYD reports July sales decline amid escalating EV price war
China’s largest electric vehicle manufacturer, BYD, reported a sharp drop in monthly sales for the first time in 2025, delivering 341,030 vehicles in July, down from 377,628 in June. The...
Tesla execs raise red flags after Musk denied $25K EV cancellation, Reuters reports
An exclusive Reuters report reveals some senior Tesla executives were alarmed last year when CEO Elon Musk publicly denied canceling the company’s highly anticipated $25,000 electric vehicle, internally known as...
Tesla sales plunge 49% in Europe as political backlash and rivals gain ground
Tesla’s vehicle sales in Europe dropped sharply in April, falling 49% year-over-year to just 7,261 units, according to data from the European Automobile Manufacturers’ Association (ACEA). This decline contrasts sharply...
BYD surpasses $100B in sales, strengthens global expansion
Chinese electric vehicle giant BYD has surpassed Tesla in annual revenue for the first time since 2018, reporting 777 billion yuan ($107 billion) in sales for 2024—outpacing Tesla’s $97.7 billion....
BYD’s five-minute charging tech sets new benchmark, doubling Tesla’s speed
Chinese automaker BYD has introduced a new charging technology that promises to significantly reduce the time it takes to recharge an electric vehicle (EV). The company’s “Super e-Platform” is able...
BYD eyes EV dominance, sees cooperation with Tesla as key
BYD, the Chinese electric vehicle giant, has rapidly grown into a dominant force in the automotive industry, challenging legacy automakers and rivaling Tesla in global EV sales. While Tesla is...
BYD achieves record EV sales, dominating the global market
BYD, a leading Chinese electric vehicle manufacturer, reported record-breaking global sales in February 2025, continuing its rapid expansion in the EV market. The company sold 322,846 vehicles worldwide, an 8.9%...
BYD tops 2024 with record EV sales, reaching 4.3 million units
BYD set a new sales milestone in December, selling 514,809 electric and hybrid vehicles, marking its third consecutive month of sales surpassing 500,000 units. This surge drove the company to...
Latest Articles
