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Price war helps electric vehicle sales rebound in May, as BYD eats into Tesla market share

The Driven EV News

EV sales see a rise with over 8,000 electric cars sold in Australia in May, but with BYD and other Chinese car makers eating into Tesla's dominant market share. The post Price war helps electric vehicle sales rebound in May, as BYD eats into Tesla market share appeared first on The Driven.

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Volvo EX30 pricing, Lordstown sold, Tesla and Rivian sales: Today’s Car News

Green Car Reports

Tesla and Rivian update on sales. And Volvo gives its smallest EV a very attractive price tag. The remains of Lordstown Motors get flipped back to a familiar face. This and more, here at Green Car Reports. Volvo has confirmed that its EX30 EV will start at $36,245 for the U.S., with deliveries expected to start next summer.

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Nissan Dealers May Foot the Bill for the Brand's Price-Cutting Sales Strategy

The Truth About Cars

Cutting new-car prices is a great way to boost sales, but it’s not always kind to the dealers stuck with the inventory. Others have called out the automaker’s shifting attitudes regarding dealer profit numbers, as it previously promised to prioritize their bottom lines over aggressive sales tactics.

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Ford Slashed the Mach-E's Price Tag and Saw an Immediate Uptick in Sales

The Truth About Cars

One factor that is coming into clear focus is pricing, as Ford recently found out with the Mustang Mach-E. In response to flagging demand, the automaker cut prices on the electric SUV and has seen an uptick in sales as a result, showing that cost remains a significant hurdle for many prospective buyers.

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BYD nearly tops all-time sales record in May as EV price cuts boost demand

Electrek

China’s leading EV maker, BYD , nearly reached a new sales record in May after aggressive price cuts took effect. BYD posted its second-highest sales last month as new energy vehicle (NEV) sales continued picking up.

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BYD electric car sales jump, but profits nearly halve as EV price war bites

The Driven EV News

BYD's had an impressive start to 2024 with international sales steadily growing and expansion plans well underway. But its profits have nearly halved because of the EV price war. The post BYD electric car sales jump, but profits nearly halve as EV price war bites appeared first on The Driven.

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Chevy Blazer EV goes on sale again with lower price tag

Teslarati

In December, Chevy issued a stop-sale order on the Blazer EV , due to software issues relating to the vehicle’s infotainment system and DC fast-charging capabilities. Chevy announced on Friday that it’s now resuming Blazer EV sales, re-launching the vehicle’s three configurations with lower price tags starting at $50,195.

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