By Maria Merano Posted on July 6, 2023 Tesla and 16 Chinese automakers signed a truce ending the EV price war. Tesla was the only foreign automaker at the meeting. Executives from Tesla and 16 China-based automakers participated in a signing ceremony at the China Auto Forum in Shanghai held on July 6, 2023. China’s …
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By Maria Merano Posted on April 18, 2023 Toyota launched the all-electric BZ3 sedan in China over the weekend. The legacy automaker reported receiving 5,000 orders for its BZ3 sedan during its launch day, hinting at the demand for the vehicle. The Toyota BZ3 uses BYD’s blade-shaped batteries and motor powertrain. The electric mid-sized sedan …
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By Maria Merano Posted on April 3, 2023 Tesla Giga Shanghai’s main competitor in China, BYD, sold 552,076 new energy vehicles (NEVs) in the first quarter of 2023. BYD’s NEV sales are up 92.81% year-over-year, but down 19.22% compared to Q4 2022. In January 2023, BYD sold approximately 151,341 NEVS. While in February, the Chinese …
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