Li Auto has introduced cash subsidies of 15,000 yuan ($2,055) per car purchase, along with a three-year zero-interest ...

Tesla posted its first annual sales drop in more than a dozen years Thursday, sinking a stock that has soared since Donald ...

Tesla, the longtime top EV maker in the world, is now No.2. Chinese automaker BYD produced roughly 4,500 more EVs than Tesla ...

A similar phenomenon has occurred in China, where local municipalities have implemented their own incentives for EVs. For ...

Chinese electric-vehicle growth continued in December, with BYD set to take the crown of largest seller from Tesla for the ...

Earlier on Thursday, Tesla's chief rival for the EV market BYD reported a surge in sales. The Chinese car maker said it had ...

Chinese electric vehicle makers led by BYD Co. saw a late-2024 sales boom that’s set to give way to another bruising year as ...

Tesla last year suffered the first decline in deliveries of its electric cars in more than a decade, according to the company ...

Reduced European subsidies, a shift in the US toward lower-priced hybrid vehicles and tougher competition especially from ...

Leading Chinese electric car maker BYD's vehicle sales surged in 2024, the company said in a statement, as the firm grows its ...

Chinese car maker BYD saw its sales jump at the end of last year, as it competes with Tesla to be the world's best-selling ...