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BYD NEV sales up 262.9% YOY in October

Green Car Congress

In particular, the New Energy Vehicle (NEV) sales reached 80,003 units, soaring 262.9% By the end of October, the cumulative annual sales of BYD passenger vehicles topped 200,000 units. So far, BYD Han’s cumulative sales have exceeded 130,000 units, with increases for seven consecutive months. year on year (YoY) and 12.5%

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Shanghai auto show: Takeaways from Deutsche Bank

CN EV Post

Edison Yu's team shares their key takeaways on new model pricing, design, ADAS, and ultra-fast charging. Image credit: CnEVPost) As one of the most important auto shows in several years, the ongoing Shanghai auto show is attracting a lot of interest. Likewise, NIO did not detail the price of the new ES6, the team noted.

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Florida Governor Ron DeSantis Signs Bill Blocking Most Direct-to-Consumer Auto Sales

The Truth About Cars

Florida governor and GOP presidential candidate Ron DeSantis recently joined the fray when he signed House Bill 637, legislation that blocks direct auto sales for most brands but not all.& & As Inside EVs pointed out, the bill’s language prohibits direct-to-consumer sales by automakers.

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FTC Launches “Combating Auto Retail Scams” Rule

The Truth About Cars

The Federal Trade Commission (FTC) has announced the finalization of the new Combating Auto Retail Scams (CARS) rule designed to prevent auto dealers from utilizing bait-and-switch tactics and hidden junk fees. This includes things like price, financing options, and fees. This one is designed to avoid hidden fees.

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Tesla price target cut by Morgan Stanley

Teslarati

Tesla’s ( NASDAQ: TSLA ) price target was cut by Morgan Stanley, a firm that has had a bullish outlook on the automaker’s stock for several years. “EV demand continues to decelerate despite continued price cuts,” Jonas wrote. Price Target Jonas reduced Tesla’s price target to $320 from $345.

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More Chinese EV makers promise no price cuts as price war intensifies consumer wait-and-see sentiment

CN EV Post

EV makers including Leapmotor , Neta and Denza have all introduced 90-day price protection policies. Image credit: Neta) As the auto price war in China continues, some electric vehicle (EV) makers are beginning to make it clear that they will not cut prices in an attempt to dispel the wait-and-see sentiment of potential consumers.

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Polestar 4 to make global debut at Shanghai auto show on Apr 18

CN EV Post

The all-electric high-performance SUV Polestar 4 will make its global debut on April 18, the first day of the Shanghai auto show, the premium electric vehicle maker owned by Geely and Volvo Cars announced on April 11. Polestar's booth at the Shanghai auto show is located in Hall 6.2, For more articles, please visit CnEVPost.

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