EV & hybrid sales up for BYD

Tesla recalled more than two million cars in December 2023 after the U.S. regulator found its driver assistance system, Autopilot, was partly defective, it was reported. It follows a two-year investigation into crashes which occurred when the tech was in use. The recall applies to almost every Tesla sold in the U.S.Read More →

Tesla

Shares of Chinese electric vehicle manufacturers took a hit on Thursday 18th October 2023 after Tesla reported disappointing 3Q results on Wednesday 17th October 2023. It was the first time Tesla, co-founded by Elon Musk, missed on both earnings and revenue since Q2 2019. On Thursday morning, Hong Kong-listed shares of Chinese EV makers BYD and Xpeng fellRead More →

Electric Car

Leader China has been leading the global electric vehicle (EV) market for years, thanks to its large domestic demand, generous government subsidies, and well-established battery and electronics industry. However, the west is not giving up on the race to electrify the transport sector and reduce greenhouse gas emissions. Europe reportedlyRead More →