Browsing: electric car market

Tesla has reached an exciting milestone by delivering its inaugural shipment of Shanghai-manufactured Model Y units to Australia! This strategic move not only broadens the automaker’s global presence but also enhances the accessibility of its beloved electric SUV in the region.

BYD’s sales surged by an impressive 164%, showcasing its rapid growth in the electric vehicle market, while XPeng reported even stronger performance. This surge underscores the intensifying competition among EV manufacturers as consumer demand escalates.