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    • Electric Vehicles

    China’s BYD surpasses Tesla as the leading electric vehicle seller

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    A bustling BYD dealership showcases a variety of electric vehicles as customers explore their options amid promotional banners highlighting the company's recent sales success.

    According to industry reports, BYD sold over 640,000 electric vehicles in the first six months of 2023, while Tesla reported approximately 440,000 units sold during the same period. This achievement underscores BYD’s strategic expansion into both domestic and international markets, including significant investments in production and technology. The company’s diverse product lineup, which includes electric … Read more

    EU revises plans to ban new petrol and diesel car sales by 2035

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    EU ministers discuss the future of petrol and diesel car sales during a meeting in Brussels, reflecting concerns over the feasibility of transitioning to electric vehicles by 2035.

    On October 10, 2023, EU ministers gathered to address the proposed legislation, which was initially designed to support the bloc’s climate goals. However, some countries, particularly those with strong automotive industries, have expressed reservations about the timeline for phasing out combustion engines. This has led to calls for a more flexible approach that could extend … Read more

    Tesla offers free upgrades and finance deals to boost sales

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    A Tesla dealership showcases a lineup of electric vehicles with promotional banners highlighting free upgrades and financing options to attract potential buyers.

    In addition to software upgrades, Tesla is also rolling out attractive financing options, including lower interest rates and flexible payment plans. These financial incentives are designed to make purchasing a Tesla more accessible to a broader audience, particularly first-time electric vehicle buyers who may be hesitant due to upfront costs. For more on enhancing financial … Read more