Denza confirmed as next BYD brand for sales in Australia
BYD General Manager for the Asia Pacific region, Liu Xueliang, has confirmed that Denza will be the next BYD brand to enter the rapidly diversifying Australian electric car market. The…
Chinese NEV makers way off sales targets for 2024
Despite a booming year for NEV sales in China, most Chinese NEV makers will fall well short of their 2024 sales targets according to research by CarNewsChina.com. Despite NEVs now…
Tesla Inc. vehicles in a parking lot after arriving at a port in Yokohama, Japan, on Thursday, Oct. 28, 2022. Tesla, which was briefly a part of the trillion-dollar valuation group, currently has a market capitalization of about $650 billion.
Canada Imposes 100% Tariff on Chinese-made EVs
Canada looks set to follow the lead of the US in imposing 100% tariffs on imports of China-made electric vehicles, raising doubts over BYD’s expansion plans there. The move is…