China’s Electric Vehicle Boom: Record-Breaking Sales Surge in September 2024 – What’s Driving the Revolution

China’s Electric Vehicle Boom: Record-Breaking Sales Surge in September 2024 – What’s Driving the Revolution

Beijing, China, September 2024 – China’s new energy vehicle (NEV) market is witnessing substantial growth, reflecting increasing demand and favorable market conditions. According to data released today by the China Passenger Car Association (CPCA), retail sales of NEVs in the first eight days of September reached 214,000 units, marking a 56% year-on-year increase and an … Read more

Shockwaves in the Auto Industry: BYD Smashes Past Honda and Nissan, Set to Leave Ford in the Dust by December

Shockwaves in the Auto Industry: BYD Smashes Past Honda and Nissan, Set to Leave Ford in the Dust by December

BYD, the Chinese automotive giant, has officially surpassed Honda and Nissan in global vehicle sales. The achievement, anticipated by many industry analysts, became a reality in the second quarter of this year. BYD’s sales figures reveal a remarkable 40% increase from the previous year, with the company selling over 1 million vehicles in 2024, putting … Read more