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BYD had its slowest profit growth in two years in Q4

Teslarati

Chinese automotive giant and electric vehicle (EV) maker BYD posted its 2023 earnings results this week, with the company reporting its slowest quarterly growth rate in almost two years. auto industry BYD’s full-year 2023 net profit increased by 80.7 The automaker posted 8.67 billion yuan (~1.2 percent to 180.04

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China auto price war: BMW dealers offer discounts of up to $14,360 for i3

CN EV Post

A rare price stampede is taking place in the Chinese auto market. BMW officially made the BMW i3 available in China on March 31, 2022, when only one version, the BMW i3 eDrive35L, was offered, and only for the Chinese market. The rumors and the dealers' moves come as the Chinese auto industry is staging a rare price war.

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The révolution is on: France has record year in EV sales

Baua Electric

According to French auto industry group Plateforme automobile and reported by RFI , 26% of new cars sold in France were battery electric or plug-in hybrid vehicles, amounting to 1,774,729 new cars. In 2023, 26% of new cars sold in France were battery electric and plug-in hybrid vehicles, a huge 47% jump from 2022.

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Tesla is reportedly in talks with Italy for a factory

Baua Electric

Italy has been looking to diversify its auto industry, which is currently dominated by Stellantis – a laggard in electrification. The country is especially looking at Chinese automakers looking to build vehicles in Europe. I would simply add Italy to the list of possible countries.

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NYT Editorial

Plug In Partners

Editorial Trying to Find the Road Ahead Published: January 24, 2006 W ith its bonds downgraded to junk and its market share on the ropes, Detroit's auto industry almost looks to be in a free fall. At Detroit's auto show, it unveiled a Chinese car that Geely plans to upgrade and sell in the United States in 2008.

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A 100 m.p.g. truck? A Bright IDEA | Freep.com | Detroit Free Press

Tony Karrer Delicious EVdriven

Three years ago, the magazine Popular Mechanics even wrote an article prodding the auto industry for not building the 100 m.p.g. John Waters, the CEO of Bright Automotive, is a veteran of Detroits auto industry, just like most of the Bright team. • MORE: "How to Build a 100 Mile-Per-Gallon Car. Yep, a truck.

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Best EVs of 2022: Our verdict on the new electric cars of the year

EV Central

Tesla briefly entered the list of top sellers, with the Model Y also topping the SUV sales charts in September. I dunno if it’s the biggest surprise, but the most pleasing news of 2022 was the way the irrepressible die-hards in what remains of the Aussie auto industry leapt on the opportunity EV presents. It just has to be BYD.