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The war for number 1 electric vehicle continues, and BYD has had a record quarter in Australia for sales, with their market share in the Aus EV market moving up to 16%.
Citi analysts, reported by Market Talk, said that this achievement in sales was helped by BYD's A$2,023 cash back incentive for its Atto 3 electric SUV model.
For the first quarter of the year, the company sold 4,500 cars in Australia, with March contributing 1,600 to that number...
Citi analysts, reported by Market Talk, said that this achievement in sales was helped by BYD's A$2,023 cash back incentive for its Atto 3 electric SUV model.
For the first quarter of the year, the company sold 4,500 cars in Australia, with March contributing 1,600 to that number...
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With the Chinese EV makers looking to partner Nvidia for the new chip, Blackwell to power NVIDIA DRIVE Thor, this will be a new era of artificial intelligence for the EV market.
THe evolution of how a smart car should behave might change completely once we see the first successful implementation of the Blackwell GPU chip on car self-driving. We do not know much about the potential yet, but it is a new generation of AI graphics processors.
AI ...
THe evolution of how a smart car should behave might change completely once we see the first successful implementation of the Blackwell GPU chip on car self-driving. We do not know much about the potential yet, but it is a new generation of AI graphics processors.
AI ...
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China exported 4.14 million units last year, thanks to surging BYD EV / NEV demand and sales, in particular from Russia.
Meanwhile Japanese firms shipped 3.98 million vehicles in 2023.
This gap will probably continue to widen as BYD $BYD COMPANY (01211.HK)$ is continuing to lead and nudge further out ahead as the world's most bought vehicles (outpacingTesla $Tesla (TSLA.US)$).
BYD will launch a number of new high-end l...
Meanwhile Japanese firms shipped 3.98 million vehicles in 2023.
This gap will probably continue to widen as BYD $BYD COMPANY (01211.HK)$ is continuing to lead and nudge further out ahead as the world's most bought vehicles (outpacingTesla $Tesla (TSLA.US)$).
BYD will launch a number of new high-end l...
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$Tesla (TSLA.US)$ $Rivian Automotive (RIVN.US)$ $NIO Inc (NIO.US)$ $General Motors (GM.US)$ $Li Auto (LI.US)$ $BYD COMPANY (01211.HK)$ $Mullen Automotive (MULN.US)$ $Ford Motor (F.US)$ $Lucid Group (LCID.US)$ $Polestar Automotive (PSNY.US)$
$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$ $SPDR Dow Jones Industrial Average Trust (DIA.US)$ $iShares Russell 2000 ETF (IWM.US)$
$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$ $SPDR Dow Jones Industrial Average Trust (DIA.US)$ $iShares Russell 2000 ETF (IWM.US)$
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$Tesla (TSLA.US)$
The year has barely started and Q1 2024 is already not going to turn out well for Tesla. Wage hikes, factory shutdown and price cuts will affect deliveries and gross margin for the quarter.
Tesla reportedly has reduced prices on two models in China, where it faces stiff competition from rivals. Investors were also grappling with news of a temporary shutdown of production facilities in Germany.
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The year has barely started and Q1 2024 is already not going to turn out well for Tesla. Wage hikes, factory shutdown and price cuts will affect deliveries and gross margin for the quarter.
Tesla reportedly has reduced prices on two models in China, where it faces stiff competition from rivals. Investors were also grappling with news of a temporary shutdown of production facilities in Germany.
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Legacy automakers have surrendered their EV ambitions after dipping their toes in and getting bitten by the shark (Tesla). So who is the next “Tesla-Killer”?
News agencies have transitioned towards China EVs to continue their narrative that Tesla will fall. $Li Auto (LI.US)$ $NIO Inc (NIO.US)$ $XPeng (XPEV.US)$ have shown strength in this area but the one to lead them would be $BYD Company ADR (BYDDY.US)$. BYD has both the manufacturing capabilities and technological prow...
News agencies have transitioned towards China EVs to continue their narrative that Tesla will fall. $Li Auto (LI.US)$ $NIO Inc (NIO.US)$ $XPeng (XPEV.US)$ have shown strength in this area but the one to lead them would be $BYD Company ADR (BYDDY.US)$. BYD has both the manufacturing capabilities and technological prow...
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Remember when people said this was going to be the 'Tesla Killer'? $Lucid Group (LCID.US)$ $Tesla (TSLA.US)$
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