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Browsing: electric mobility
BYD has surpassed Tesla in sales, driven by a focus on innovative technology and features that resonate with Chinese consumers. The company’s ability to adapt to local preferences has solidified its position in the rapidly growing electric vehicle market.
Tesla is reportedly planning a more cost-effective version of the Model Y, aiming to reduce production costs by at least 20%. This strategic move seeks to strengthen its market share in China amid increasing competition.
Italy has launched an investigation into automakers Stellantis, Tesla, Volkswagen, and BYD over allegations of misleading information provided to consumers regarding electric vehicles. The inquiry aims to ensure transparency and protect consumer rights in the expanding EV market.