Tag: ev market

Lamborghini Confirms Hybrid Focus After Ferrari’s Electric Model Faces Criticism

After Ferrari’s electric debut met criticism, Lamborghini stands by its decision to pursue plug-in hybrid technology over full electric vehicles.

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Tesla Launches Limited Farewell Edition of Model S and Model X to Boost Demand

Tesla introduces a limited run of 350 Model S and Model X Plaid vehicles, aiming to reignite interest amid halted customized orders.

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Tesla Revisits Plans for a More Affordable Electric Vehicle Produced in China

Tesla is reportedly reconsidering the development of a new budget-friendly electric vehicle, with production aimed at its Chinese factory.

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Tesla Reclaims Top Spot in Global EV Deliveries, Surpassing BYD in Early 2026

Tesla has overtaken BYD in electric vehicle deliveries for the first time since late 2024, regaining its position as the world’s leading EV supplier.

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Xiaomi Delivers Up to 5,000 Updated SU7 Electric Vehicles in First Week

Xiaomi pushes forward in China’s EV market, delivering thousands of updated SU7 vehicles in the first week following new model orders.

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BYD Reports First Annual Profit Decline in Four Years Amid Intense Price Competition in China

BYD’s annual profit fell for the first time in four years, highlighting the fierce price competition within China’s electric vehicle market.

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Xiaomi Reports Slowest Revenue Growth of 2023 Despite Electric Vehicle Push

Xiaomi’s revenue growth slowed to its lowest point in 2023, with electric vehicle sales unable to fully offset smartphone market challenges.

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Updated Xiaomi SU7 Electric Vehicle Surpasses 30,000 Orders Amid Strong Market Demand

Xiaomi’s refreshed SU7 electric vehicle has attracted over 30,000 orders in China, outpacing sales of its first-generation model.

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Xiaomi Reaches 600,000 Electric Vehicles Produced in Less Than Two Years

Xiaomi has produced 600,000 electric vehicles within 22 months since launching sales in April 2024.

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Chinese EV Market Faces Slowdown as BYD January Sales Hit Two-Year Low

BYD’s January electric vehicle sales in China dropped to their lowest level in two years amid ongoing market instability.

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Electric Vans Branded Russo-Balt to Begin Assembly in Perm with Cybertruck-Inspired Design

Perm to start producing Russo-Balt electric vans featuring front-wheel drive and a 400 km range, resembling a Chinese BAW V70 model.

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