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Chinese-made cars account for one in five BEV sales in February in Europe | Autocar Professional

Baua Electric

According to Felipe Munoz, Global Analyst at JATO Dynamics: “As the economic outlook has continued to improve, the car market has gone from strength to strength. Chinese-made cars drive growth In Europe, sale of cars made in China saw the highest levels of year-on-year growth in February 2024 (+45%) and in January-February 2024 (+43%).

Chinese 52
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Polestar 3 launches in China with $29k price cut

Teslarati

Now, likely to improve its competitiveness, Polestar has issued one of the most significant price cuts the Chinese market has seen this year. However, at the Chinese unveiling this week, the Swedish automaker slashed that price by an average of 200,000 yuan ($29,035). What do you think of the article?

Price 99
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A new luxury EV IPO from Geely is reportedly in the works

Teslarati

Geely, a Chinese auto group, is reportedly pursuing an initial public offering in the United States for its new luxury EV brand, Zeekr. For those unfamiliar, Geely is a Chinese auto group that controls many notable brands, including Volvo , Polestar, and Lotus , as well as countless Chinese brands, including Geely’s own Geely Motors.

Chinese 108
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Here’s how China’s BYD is working on its image problem

Baua Electric

While European automakers have been shifting over to direct sales à la Tesla, China’s BYD, for Build Your Dreams, along with Chinese peers Xpend and Great Wall Motor are looking to dealers to build sales and provide networks to help their brands build solid reputations and trust among Europeans.

BYD 52
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KPMG survey finds global auto execs ranking fuel efficiency the top consumer priority

Green Car Congress

Fuel efficiency, safety innovation, and vehicle styling will be the three most important product issues influencing automotive consumer purchase decisions over the next five years, indicating a perceived shift in buying priorities, according to the 12 th annual global automotive survey conducted by KPMG LLP.

Global 218
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BYD takes 20% of Japan’s EV imports in January after launching just last year

Baua Electric

BYD officially entered Japan’s auto market last January, launching its affordable Atto 3 (Yuan Plus in China) electric SUV. The Chinese automaker already accounted for over 1% of Japan’s total auto sales last month. Most imports were luxury brands like BMW, Mercedes-Benz, and Audi. Starting at ¥3.63

BYD 52
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Report: Mercedes Having Tough Time Selling EVs

The Truth About Cars

Citing Edmunds data that shows Mercedes-Benz dealers took an average of 82 days to sell the brand's battery-powered EQ models in September (double BMW's 38-day turnaround rate while also being above the luxury segment average of 57 days), the outlet was hoping to shed some light on the matter. Mercedes is responding to the discontent.

Mercedes 127