article thumbnail

Booming Chinese EV Market, $7 Billion For Solar From Biden, Tesla Updates Galore — Top News of the Week

CleanTechnica EVs

It’s that time again — time for a big roundup of cleantech news from the past week you shouldn’t miss. China just reached 43% of new car sales being plugin cars! Check out all the top stories here! Full electrics (BEVs) accounted for 28% market share. President Joe Biden just.

Chinese 107
article thumbnail

TikTok Could Sway Young People Toward Chinese EV Brands

The Truth About Cars

While American politicians love to harp about TikTok’s Chinese owners and the national security issues that could bring, it may also be true that they worry that the platform is influencing an entire generation with quick hits of liberal political thought and economic theory. and 58 percent of them said they’d seen Chinese EVs on the app.

Chinese 95
article thumbnail

Mexico Won't Offer EV Incentives to Chinese Automakers

The Truth About Cars

Chinese automakers are expanding into Mexico, with companies like BYD opening dealerships across the country. Automotive News reported that the country would not offer tax incentives or land discounts to Chinese automakers. They also want to take action to protect American EVs from cheap or subsidized Chinese models.

Mexico 100
article thumbnail

Chinese EV leaders BYD and NIO achieve record EV sales as price war looms

Electrek

Several leading Chinese EV makers, including BYD and NIO, posted strong sales results this week. NIO hit a new record in Q3, while BYD continued its dominant streak with record-breaking EV sales in September.

BYD 127
article thumbnail

BYD leads EV sales surge in Brazil with affordable electric cars

Electrek

After launching its low-cost Seagull EV (Dolphin Mini) in Brazil, starting at around $20,000 (99,800 BRL), BYD is leading the EV sales surge in the country. However, with a new import tax looming, can the Chinese EV maker continue the momentum? China’s leading automaker, BYD , is aggressively expanding overseas.

Brazil 141
article thumbnail

Stellantis & Leapmotor joint venture gets approval from Chinese regulator

Teslarati

It acquired 20% of the Chinese automakers, making it a significant shareholder. Tesla’s China deals concerns chair of US Congressional Committee In a statement to Reuters , Leapmotor shared that its first EV model for the overseas market will be launched for sale in Germany, France, Italy, and Spain. billion in Leapmotor.

Chinese 90
article thumbnail

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

Baua Electric

JATO’s data revealed that these vehicles were responsible for 61% of total sales in February 2024, in comparison to the 62% registered in February 2019. 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