5 articles found

BYD’s first-quarter net profit fell 55 percent as weak Chinese demand and fierce competition hurt profitability, prompting the EV giant to pursue stronger growth in overseas markets.
April 30, 2026

The Chinese EV-maker reported a 19% drop in 2025 net profit due to weak demand and intense competition, despite rising revenue and expanding global sales as it targets overseas markets for growth.
March 27, 2026

Tesla’s 2025 EV deliveries fell to about 1.64 million, dropping over 8 % and losing the global electric vehicle sales crown to China’s BYD, which sold 2.26 million, amid rising competition and declining US tax incentives.
January 2, 2026
China’s BYD launched its electric and hybrid vehicles in Argentina after tariff cuts, expanding its South American presence as the country aims to import 50,000 EVs by 2026.
October 8, 2025