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Chinese EV buyers are cooling on Tesla and BYD

arstechnica.com Unknown 2025-10-17 20:59:10

If Tesla was hoping that decent sales in China might boost the company's fast-diminishing profits, it was a forlorn hope. For the second month in a row, the automaker has experienced a year-on-year decrease in sales in China. According to Reuters, Tesla's sales dropped by 4 percent in August compared to the same month in 2024. That's not quite as dire as July, where it saw Chinese sales decrease by 8.4 percent. Much of Tesla's Shanghai factory's slack was taken up by exporting EVs to other mark

Topics: byd european percent sales tesla
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BYD shares slide as China's EV price war hits profits

feeds.bbci.co.uk Unknown 2025-10-21 02:50:54

BYD shares slide as China's EV price war hits profits The Shenzhen-based manufacturer is facing an increasingly crowded market, competing against local rivals Nio and XPeng and US carmaker Tesla, which have all slashed prices to draw buyers. BYD said in its filing that "increased price competition" among China's EV brands had impacted the industry. The carmaker had on Friday reported that its net profit fell to 6.4bn yuan ($900m; £660m) between April and June, down 30% from a year earlier. S

Topics: byd china ev price said
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China’s BYD Takes the Lead Over Tesla in the Self-Driving Car Wars

gizmodo.com Luc Olinga 2026-01-07 06:00:30

As the auto industry races toward autonomy, most companies are rolling out driver-assist features with one hand while handing out waivers, disclaimers, and legal fine print with the other. Not BYD. The Chinese EV giant just made an unprecedented move: it’s offering a public, financial guarantee for its autonomous parking system. If the system malfunctions, even due to an algorithmic failure, BYD will cover all resulting damages, including repair costs, third-party property damage, and compensat

Topics: autonomous byd company parking tesla
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BYD has caught up with Tesla in the global EV race. Here’s how.

arstechnica.com Unknown 2026-01-17 16:28:59

In mid-2022, when BYD executive Lian Yubo was asked to compare Chinese manufacturing with Tesla’s technology, he remarked that Elon Musk was an example that all Chinese carmakers could learn from. “Tesla is a very successful company no matter what. BYD respects Tesla and we admire Tesla,” he said in an interview on Chinese state media. Yet just three years later, Tesla’s technological lead over its Chinese rivals has narrowed dramatically. It is fighting to stay ahead in the world’s largest ca

Topics: byd china chinese musk tesla
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BYD will accept liability if one of its self-parking cars crashes

theverge.com Emma Roth 2026-01-22 00:06:26

is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. The Chinese EV-maker BYD says it will pay for any damage caused by its upgraded self-parking system, as reported earlier by Fast Company. A translated version of BYD’s announcement on Weibo says the company “will fully cover the safety and losses” of vehicles damaged by its God’s Eye self-parking system, which it claims has reached Level 4 autonomy.

Topics: byd company parking self tesla
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The Chinese EV Carmaker That Is Quietly Crushing Tesla

gizmodo.com Luc Olinga 2026-02-02 04:45:47

While Tesla’s struggles dominate the headlines, a quieter but more significant story is unfolding: Chinese electric vehicle makers are on a tear. For the second consecutive quarter, Elon Musk’s Tesla has seen its sales decline, a stark contrast to the booming growth reported by rivals like BYD and NIO Inc, who are steadily gaining market share and widening their lead. The second-quarter sales numbers paint a bleak picture for the American EV pioneer. Tesla delivered 384,122 vehicles worldwide,

Topics: byd investors market musk tesla
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Tesla Is Losing the EV War to Chinese Carmakers

gizmodo.com Luc Olinga 2026-02-02 16:45:47

While Tesla’s struggles dominate the headlines, a quieter but more significant story is unfolding: Chinese electric vehicle makers are on a tear. For the second consecutive quarter, Elon Musk’s Tesla has seen its sales decline, a stark contrast to the booming growth reported by rivals like BYD and NIO Inc, who are steadily gaining market share and widening their lead. The second-quarter sales numbers paint a bleak picture for the American EV pioneer. Tesla delivered 384,122 vehicles worldwide,

Topics: byd investors market musk tesla
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BYD begins testing solid-state EV batteries in the Seal

news.ycombinator.com Peter Johnson 2026-03-02 17:42:22

BYD has now begun testing solid-state EV batteries in its Tesla Model 3-rivalling Seal. Initial tests suggest that the total driving range could reach nearly 1,200 miles (1,875 km). BYD begins testing solid-state EV batteries in the Seal It has been over a decade since BYD first began researching and developing the promising new EV battery technology. Last year, the company reached a milestone by testing its first solid-state battery cells with capacities of 20 Ah and 60 Ah. We knew BYD was p

Topics: batteries byd ev solid state
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