When the Plaid first came to market, it was tough for people to achieve the stats Tesla touted, but there are always new ways to try.
Category: eMobility
Inside Tesla’s $4.2 Billion Model 3 Sale To Hertz
At the time, the move launched Tesla’s value past $1 trillion, and it has seemingly been a success for both parties ever since.
Toyota Will Produce New All-Electric SUV In Kentucky Starting In 2025
The company announced also an additional $2.1 billion battery investment in North Carolina.
Blue Bird Scales Up Electric School Bus Production With New Facility
Electric school buses can help students and drivers breathe cleaner air and reduce maintenance costs, says Blue Bird
Check Out Canyon’s 2023 Grand Canyon:ON Electric MTB
For 2023, the Grand Canyon:ON lineup is more off-road-focused, while retaining its jack-of-all-trades appeal.
2019-2024 Jaguar I-Pace recalled over battery fire concern
Battery fire concerns have prompted a recall of nearly 6,400 Jaguar I-Pace electric SUVs from throughout the model's production run. Jaguar on Wednesday said the battery energy control module software will be updated, and battery modules will be replaced if necessary, in 6,367 vehicles from model years 2019 to 2024 free of charge, according to... Deutsche Bank “All In” On Tesla Following Giga Texas Meeting
Tesla’s annual shareholder’s meeting left some disappointed with margins and a lack of new updates. However, some analysts recently reiterated their “Buy” rating on the company after a tour of the company’s newest US plant, notably including new details on the Cybertruck and Tesla’s next-generation platform. Deutsche Bank analysts were impressed following a tour of […]
BYD sold 240,220 EVs and PHEVs in May, breaking historical records
Among them, pure electric vehicles, including 119,603 pure electric vehicles. BYD sold 10,203 vehicles outside China.
The post BYD sold 240,220 EVs and PHEVs in May, breaking historical records appeared first on CarNewsChina.com.
Lucid To Raise $3 Billion, Mostly From Saudi Majority Stockholder
Lucid will sell $1.8 billion worth of shares to an affiliate of Saudi Arabia's Public Investment Fund, which owns 60.5% of the company.
BYD sells record 240,220 NEVs in May, surpasses 1 million for the year
BYD aims to sell at least 3 million NEVs this year.
BYD (OTCMKTS: BYDDY) saw record new energy vehicle (NEV) sales in May, putting it over the 1 million unit mark for sales in the year.
The NEV giant sold 240,220 NEVs in May, up 108.99 percent from 114,943 units a year ago and up 14.23 percent from 210,295 units in April, according to data released today.
The company discontinued production and sales of vehicles powered entirely by internal combustion engines in March last year to focus on producing plug-in hybrids and pure electric vehicles.
BYD's NEVs include passenger cars as well as commercial vehicles, with sales of 239,092 new energy passenger cars in May, up 109.39 percent from 114,183 units in the same month last year and up 14.14 percent from 209,467 units in April.
BYD's new energy commercial vehicles sold 1,128 units in May, up 48.42 percent from 760 units in the same month last year and up 36.23 percent from 828 units in April.
Among these passenger NEVs, battery electric vehicles (BEVs) sold 119,603 units, up 124.19 percent from 53,349 units a year ago and up 14.6 percent from 104,364 units in March.
Its passenger plug-in hybrid vehicles (PHEVs) were 119,489 units, up 96.42 percent from 60,834 units in the same month last year and up 13.69 percent from 105,103 units in April.
In May, BYD sold 10,203 NEVs in overseas markets, down 31.19 percent from 14,827 units in April. The company first announced overseas sales figures for NEVs in July 2022.
In addition to being China's largest NEV company, BYD is also the country's second-largest manufacturer of power batteries.
BYD's installed power and storage battery capacity in May was about 11.489 GWh, up 85.22 percent from 6.203 GWh in the same month last year and up 15.42 percent from 9.954 GWh in April.
From January to May, BYD's NEV sales exceeded the 1-million-unit mark at 1,002,591 units, up 348.11 percent from 507,314 units in the same period last year.
Its passenger NEV sales for the period were 996,476 units, up 358.15 percent from the same period last year.
BYD aims to sell at least 3 million vehicles this year and strives to reach 3.6 million, the company's chairman and president Wang Chuanfu said at an investor conference in late March.
BYD aims to become China's No. 1 automaker by the end of this year, Wang said at the time.
To achieve its goal of selling 3 million NEVs for the year, BYD would need to sell an average of about 285,000 vehicles each month for the next seven months.
Musk once laughed at BYD, but now thinks 'their cars are highly competitive'
The post BYD sells record 240,220 NEVs in May, surpasses 1 million for the year appeared first on CnEVPost.
For more articles, please visit CnEVPost.
