Tesla's global vehicle sales rose 2.3% in the final quarter thanks to 0% financing, free charging and low-priced leases. But that was not enough for billionaire Musk's most valuable holding to ...

Li Auto has introduced cash subsidies of 15,000 yuan ($2,055) per car purchase, along with a three-year zero-interest ...

BYD produced 4,500 more electric vehicles than Tesla did in 2024. Can Tesla catch back up?

BYD’s aggressive year-end sales push worked. China’s leading EV maker sold a record number of vehicles in 2024, but ...

Tesla reported a dip in full-year auto sales Thursday, missing a company forecast in a sign of rising electric vehicle ...

A similar phenomenon has occurred in China, where local municipalities have implemented their own incentives for EVs. For ...

China is tightening a noose around the world’s EV market while American auto manufacturers are sucking wind, despite being ...

China's BYD, however, looks set to close the gap after reporting 1.76 million EV sales in 2024. Tesla sales fell last year ...

Chinese electric vehicle makers led by BYD Co. saw a late-2024 sales boom that’s set to give way to another bruising year as ...

Chinese electric vehicle (EV) manufacturer BYD is rapidly closing the gap with global leader Tesla, reporting record-breaking ...

Leading Chinese electric car maker BYD's vehicle sales surged in 2024, the company said in a statement, as the firm grows its ...