BYD, the world's new energy vehicle (NEV) best-seller, plans for half of its total sales to come from international markets by the year 2030, Reuters reported on Thursday.
The U.S. Patent and Trademark Office (USPTO) denied Tesla’s attempt to trademark the term Robotaxi, according to a report published on Wednesday by the media outlet TechCrunch. The trademark for the 'Cybercab' has been suspended.
Stifel analyst Stephen Gengaro reiterated on Wednesday the firm's Buy rating and $16 price target for Rivian shares, following the company’s first-quarter earnings report on Tuesday — which showed a positive gross profit above Wall Street expectations.
Ford told its U.S. dealers on Wednesday that it is raising prices on three of its Mexico-produced models, becoming the first Detroit carmaker to increase them as a reaction to the tariffs announced by the Trump Administration.
Tesla's sales dropped to 7,300 vehicles in China between April 28 and May 4, according to insurance registration data published on Chinese social media this Wednesday.
EV maker Rivian reported its first-quarter earnings on Tuesday and lowered its full-year vehicle delivery guidance. The company now expects to deliver between 40,000 and 46,000 vehicles in 2025, down from its earlier forecast of 46,000 to 51,000.
XPeng sold 5,500 vehicles in its home market between April 28 and May 4, a 23.6% decrease from the previous week's 7,200 units, according to insurance registration data published on Chinese social media this Wednesday.
Zeekr, the premium EV brand backed by China's Geely Holding Group, saw sales growth last month in Norway and the Netherlands. However, in Sweden, where it is headquartered, registrations dropped by 51%, from 167 vehicles in March to just 82 in April.
Barclays analyst Dan Levy published a cautious note on Rivian on Tuesday, ahead of the electric vehicle maker’s first-quarter earnings release scheduled for later today, May 6.
Polestar sold 79 vehicles in Switzerland in April, according to data published Monday by the Association of Official Automobile Importers in Switzerland and Liechtenstein.
After debuting in the UK market with 36 vehicle sales in March, the Chinese carmaker XPeng sold 9 vehicles in April, data published on Tuesday by the Society of Motor Manufacturers and Traders (SMMT) showed.
Geely-backed premium EV maker Polestar sold 303 vehicles in Germany last month, bringing its total sales in the country this year to over 1,000 units, according to data from Germany’s Federal Motor Transport Authority (KBA).
Guangzhou-based XPeng sold 207 vehicles in April, a new sales record for the brand in the German market — which the brand entered in March 2024, with sales starting in May.
According to data released on Tuesday by the Federal Motor Transport Authority (KBA), BYD registered 1,566 vehicle sales in Germany last month. The figures represent a new sales record for the Chinese giant in Europe's largest car market.
BYD sales in the UK surged 654% year over year to 2,511 vehicles, according to data shared by the Society of Motor Manufacturers and Traders (SMMT). With April figures, the brand reached its 10,000th delivery in the country.
Polestar's April sales in the UK surged 82.7% year over year to 859 vehicles, data from the Society of Motor Manufacturers & Traders (SMMT) showed this Tuesday.
Swedish sales of BYD vehicles fell both sequentially and year over year in April, according to new data shared by Mobility Sweden.
BYD delivered 399 vehicles in Norway in April, marking the strongest result since December 2022 — data published on Monday by the Norwegian Road Federation showed. Back then, the Shenzhen-headquartered company registered 935 vehicles.
XPeng sold 333 vehicles in Norway in April, a 189.6% increase from a year earlier, according to data from the Norwegian Road Federation on Monday. Sales also rose 17.7% from March, when 283 units were registered.
Polestar sold 228 vehicles in Norway in April, rising both year over year and from the previous month, according to data published Monday by the Norwegian Road Federation.