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BYD Widens Gap with Tesla in Q3 2022, Leads Global EV Market

Three of the top five best-selling EV brands in Q3 2022 were from China. The top 10 EV models accounted for more than 35% of global EV sales. EVs…

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Tesla’s stellar Q3 performance

Tesla delivered nearly 343,900 vehicles during Q3 2022, an increase of 42.4% YoY Logistics remains a major bottleneck for Tesla deliveries Tesla can…

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Global EV Sales up 61% in Q2 2022; BYD Leads Market

Global passenger electric vehicle (EV) sales* reached 2.18 million units in Q2 2022. BYD Auto overtook Tesla to become the top-selling EV brand…

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China Cloud on Tesla’s Q2 2022 Numbers; Fundamentals Remain Strong

Tesla sold more than 254,000 vehicles in Q2 2022, an increase of 27% YoY, which was below general expectations. This was the first time since the…

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Global EV Shipments Up 79% YoY in Q1 2022; Tesla Remains Leader

In Q1 2022, global electric passenger vehicle (EV) shipments exceeded 1.95 million units. Passenger battery electric vehicle (BEV) shipments grew…

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Tesla Reports Record Revenue in Q1 2022; Rising Raw Material Cost a Challenge

Tesla vehicle deliveries crossed 310,000 units in Q1 2022, a YoY increase of 68%. Revenue reached a record high of $18.8 billion during the……

NIO Registers Nominal Growth in Q4 2021

NIO is a leader in China’s smart electric vehicle (EV) market. After starting its business in 2014, NIO delivered its first model, the ES8, in…

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Ukraine Crisis Derails Automotive Recovery

The potholes on the road to post-covid recovery for the global automotive sector seem never-ending. The back-to-back waves of COVID-19, followed by…

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Stellantis Bets Big with €30-billion Investment Plan for EV Business

Stellantis, formed in 2021 after the merger of Italian American automaker Fiat Chrysler and France’s PSA, unveiled its electrification plans on July…