Daily Archive: June 21, 2025

BYD’s Profit Margin Looks Quite Good Amidst Price War Allegations

A hot topic in the EV world lately has been a reported “price war” controversy in China, and perhaps extending a bit beyond that. Some automakers have contended that BYD is engaged in an extreme, destructive price war. We’ve seen various takes on this from different automakers, and China’s Ministry ... [continued]

Hankook Tire Launches iON HT Tire for Electric Light-Duty Trucks

First Hankook highway-terrain tire designed for electric light-duty trucks iON HT offers high-load support, ultra-low rolling resistance, and an 80K limited treadwear warranty iON HT on display for the first time at the 2025 Electrify Expo in Los Angeles NASHVILLE, TENNESSEE — Leading global tiremaker Hankook Tire unveiled the newest member of its iON ... [continued]

BYD Set to Dominate NEV Market in Southeast Asia, Starting with Thailand

Spreading a manufacturing base all over the region BYD has aggressively expanded its footprint across the Southeast Asian (ASEAN) region, strategically establishing distributorships in several key countries. This expansion is often facilitated through partnerships with prominent local automotive or business conglomerates, a tactic that mirrors the successful market entry strategies ... [continued]

53% EV Share in China! — May 2025 Sales Report

BEVs represented close to a third of the total Chinese car market in May. May saw the continuation of the never ending growth of the Chinese EV market, with plugins scoring over a million sales in May (in a 1.9-million-unit overall market). Digging deeper into the numbers, EREVs were the ... [continued]