EU Truck Industry Could Lose 11% Of Sales To Tesla & BYD — New Study
Failure to meet demand for zero-emission trucks would present opportunity for Tesla and BYD, T&E says.
Failure to meet demand for zero-emission trucks would present opportunity for Tesla and BYD, T&E says.
Electric vehicle sales have been growing exponentially due to falling costs, improving technology, and government support. Globally, 10% of passenger vehicles sold in 2022 were all-electric, according to analysis of data from the International Energy Agency. That’s 10 times more than it was just five years earlier. Electric vehicles (EVs) … [continued]
Urbaser, a waste hauling business in Europe, has 50 eEconic electric trucks from Mercedes and has ordered 50 more.
BYD is planning to build electric cars in India and now Brazll as part of its ambition to be the largest electric car company in the world.
BYD has announced that it has finalised an agreement to land in Bahia and will build three factories simultaneously in the Camaçari complex, 50 km from Salvador. This initial investment will be around an investment of more than R$3 billion ($620 million). The complex will consist of three manufacturing units. … [continued]
BYD reported record sales for the month of June this week. In the first half of this year, it has sold 1.25 millions NEVs.
Tesla and BYD are both on the hunt for a new European factory, setting up what may be a battle of electric car giants on the Continent.
BYD recently announced a new partnership with Inter Cars S.A. to accelerate the adoption of sustainable pure-electric mobility solutions for commercial transportation in Poland. Inter Cars is the largest automotive parts distributor in Central and Eastern Europe. Under the agreement, Armatus Sp. z o.o. (hereinafter called Armatus), a subsidiary of … [continued]
James of EVDB writes from New Zealand that calling the current situation in the land of the long white cloud an electric vehicle price war would be an overstatement, but that there is price movement. Newer generation EVs are arriving at lower price points (including the Great Wall Motors ORA … [continued]
Sales of battery-electric commercial vehicles hit 30.8% in Singapore in Q1 across the vehicle categories, according to Singapore’s Land Transport Authority. Singapore’s Land Transport Authority lists four categories of commercial vehicles. These are: GPV: Goods & passenger vehicles LGV: Light Goods Vehicles (mlw ≤ 3.5 metric tons) (mostly vans) HGV: … [continued]