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Tesla Model Y becomes top-selling car in Iceland and Australia

Teslarati

The Tesla Model Y has become a top-selling car in Iceland and Australia. Tesla aimed to make the Model Y the best-selling vehicle in any category worldwide, and the SUV is performing as expected. Recently, Tesla Europe shared that the Model Y broke a 35-year-old record in Iceland. of the auto market’s June sales.

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BYD expects at least $4 billion in net income from surging EV sales

Baua Electric

After a record EV sales year, BYD expects to rake in at least $4 billion in net income. In the last three months of the year, the Chinese automaker overtook Tesla as the largest global EV maker as it expanded the brand. With over 1,000 horsepower, the electric sports sedan is poised to rival Tesla’s Model S Plaid.

BYD 52
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MG targets Tesla Model Y Performance and Kia EV6 GT with new super SUV for Australia

EV Central

Rising Chinese brand MG could have a direct rival for the Tesla Model Y Performance SUV and Kia EV6 GT super SUVs on-sale in Australia as soon as 2024. seconds 0-100km/h dash capability, will make its global debut at the Chengdu auto show on August 25. Where that shakes out in Australia is guesswork at the moment.

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Xpeng reveals new, affordable P5 sedan to compete with Tesla Model 3

Teslarati

Chinese electric car company Xpeng Motors has revealed its new P5 sedan. The price of the Xpeng P5 was set to be released later this month at the Shanghai Auto Show on April 19th. Incredibly, the P7 is already less expensive than the Model 3, so the P5 could undercut the Tesla sedan’s price by several thousand dollars.

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Kia EV9 wins, Fisker franchises, Tesla tops BYD, leather in EVs: The Week in Reverse

Baua Electric

Among its many winning assets: It fits the form that American households seek in a family vehicle, without the luxury price tag, and it’s at the leading edge in all aspects of charging. The Kia EV9 is Green Car Reports’ Best Car To Buy 2024. And some made-in-America EVs like those from Rivian lost half of their credit amount.

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Smartphone builder Xiaomi’s first EV coming in Q2 and looks to capitalize on 20M current users

Baua Electric

Less than three years after establishing its own automotive arm to develop and build EVs, Chinese smartphone giant Xiaomi sits on the cusp of bringing its flagship model, the SU7, to market. By December 2023, Xiaomi had officially launched the SU7 as a challenger to Porsche and who else but Tesla.

Chery 52
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GM expands to new European markets with its luxury $93K Lyriq

Baua Electric

Last October, GM announced that it was launching sales in Switzerland as a first step in its all-electric return to Europe after selling off the Opel and Vauxhall brands back in 2017. Besides that eye-watering price tag, it all runs counter to a big push for more affordable EVs as Chinese rivals turn up the pressure.

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