plug-in hybrids – Charm

BYD Closing the Gap on Tesla in Global EV Market Share

Cs news6 months ago04 mins

By ZeroHedge – Jan 15, 2025, 12:00 PM CST Tesla’s global EV market share lead has narrowed significantly due to the rapid rise of BYD. Chinese automakers, including BYD, are expanding their presence in the EV market, challenging established players. Despite rapid growth, electric vehicles still represent a relatively small portion of…

The China shock behind the Honda-Nissan merger talks

Cs news7 months ago09 mins

In the U.S., General Motors said this month it was taking $5 billion in charges related to its China business. In Germany, Volkswagen is planning to close factories and cut tens of thousands of employees. One of the underlying causes is the hit to VW’s profits from lost market share in China. Three fundamental facts…