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Tesla takes No.2 spot in China’s overall NEV market, CPCA ranking reveals

Teslarati

market share in the country’s NEV sector. Chinese automaker BYD cemented its leadership in the country’s NEV sector in November, with sales hitting 263,066 units for a dominant 31.3% market share. Geely, another Chinese automaker, experienced an impressive 98.4% market share in November, just behind Tesla.

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Geely Auto forms new premium electric car company Zeekr; SEA EV architecture

Green Car Congress

Zeekr aims to deliver a new electric vehicle to market each year in the coming five years. The Chinese name of Zeeker has been confirmed as Ji Ke. Governance structure. Zeekr will be jointly owned by Geely Automobile Holdings and Zhejiang Geely Holding Group (ZGH) under a 51% and 49% share structure.

Companies 435
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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

China is the world’s largest automotive market, and understandably so, an important one for electric vehicle (EV) makers like Tesla. Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. auto market anytime soon , some U.S. While BYD said just last month that it has no plans to enter the U.S.

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Elon Musk gives nod of respect for Tesla’s competitors from China

Teslarati

While responding to a question from Morgan Stanley analyst Adam Jonas, Musk noted that without restrictions, Chinese automakers would probably dominate numerous companies. As such, Musk and Tesla executives are familiar with the intensity of the domestic Chinese auto market.

China 133
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BYD executive dubs Tesla a “very respected industry peer” amid EV transition

Teslarati

Recent comments from Yunfei Li, general manager of branding and public relations at BYD, have suggested that the Chinese electric vehicle maker regards its biggest American rival as a key ally in the transition to sustainable transportation. It is also our client,” Li said, adding, “I think this market is very large.

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Daimler 1st int’l automaker to obtain road test license for highly automated driving in Beijing; Baidu and Apollo platform

Green Car Congress

With this approval, Mercedes-Benz test vehicles will now begin real road tests to further perfect the technology in the Chinese capital of Beijing, a metropolis with unique and complex urban traffic situations. topics and tailor them to the Chinese market.

Mercedes 218
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Tesla and local EV makers are eclipsing legacy auto in China’s electric car segment

Teslarati

China is the world’s largest market for electric cars. As the country embraces sustainable transportation, it is no surprise that carmakers are looking to breach the emerging market. Both vehicles, however, are proving weak in the Chinese electric vehicle market. 4 Crozz and the C-HR EV. .