Remove tag Reports
article thumbnail

BYD EV sales grew nearly 50% in January as exports reached a new high

Baua Electric

After topping Tesla in the final three months of 2023, BYD is starting the year off strong with EV sales rising another 50% in January. BYD EV sales momentum continues in January BYD sold 105,304 fully electric cars last month, up 48% from the 71,338 handed over last year. BYD’s PHEV sales were up 21% to 95,715 last month.

BYD 52
article thumbnail

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. The company released estimated 2023 financial results, indicating between $4 billion (29 billion yuan million) and $4.4 The price tag is expected to be around $140,000 (1 million RMB). BYD forecasts its profits rising at least 75% last year.

BYD 52
article thumbnail

Tesla launches a new Model Y configuration in the U.S.

Teslarati

featuring more range and a slightly higher price tag. As spotted on the company’s order configurator on Friday night, Tesla has added the new Long-Range Rear-Wheel-Drive configuration in the U.S., The Tesla Model Y made up more than a third of all battery-electric vehicle (BEV) sales in the U.S.

Tesla 135
article thumbnail

Report: Honda planning to double hybrid sales in Japan to more than 20% next fiscal year

Green Car Congress

The Nikkei reports that Honda Motor Co. plans to have hybrids account for more than 20% of its Japanese sales next fiscal year, double fiscal 2010’s roughly 10%, citing the company’s sales plan. The company also plans to release a hybrid version of the Freed next autumn—its first hybrid minivan.

Honda 244
article thumbnail

Used Tesla vehicles crush industry average depreciation despite price cuts

Teslarati

However, according to a new report, that appears not to be the case. Moreover, Recurrent Auto , the company that published the report, has more good news for current and will-be Tesla owners. Recurrent reports that the number of used Tesla vehicles for sale has been cut in half since one year ago.

Price 110
article thumbnail

Tesla China’s stellar June results help disperse doubts in EV sector

Teslarati

The China Passenger Car Association (CPCA) recently released its monthly report, revealing that electric vehicle maker Tesla was able to sell an impressive 93,680 cars over the month. While the overall car sales to dealers are projected to decline by 5.9% Some set new monthly sales records in June. Its rivals are, too.

Tesla 82
article thumbnail

Fords China First Half Sales Up 53% to All-Time High

Green Car Congress

Ford Motor Company has delivered its best ever first-half new vehicle sales of 301,524 units in China during the first six months of 2010, representing 53% compared to sales figures from January to June 2009. Ford passenger car sales surged 46% to 151,779 units. All sales figures quoted are based on wholesale numbers.

Ford 225