BYD surpassed Tesla in fourth-quarter EV deliveries, with a 13.1% sales increase, while Tesla saw a 5% rise.
Chinese automaker BYD outpaced its American competitor Tesla in the fourth quarter of 2024, delivering about 600,000 battery-electric vehicles.
Tesla reported a delivery of 495,570 electric vehicles (EVs) during the same period, while BYD's deliveries reached 595,413 units. For the full year, BYD delivered 1.76 million EVs, slightly trailing Tesla, which reached 1.79 million EVs.
Tesla's sales rose by 5% in the fourth quarter, while BYD saw a 13.1% increase. Additionally, BYD's total vehicle deliveries, including plug-in hybrid cars and buses, amounted to 4.27 million units in 2024.
Electric vehicles increasingly prominent as world shifts to clean energy, sustainability, while Türkiye follows changing trends in auto industry.
Overall car registrations in Europe, the UK, and the European Free Trade Area (EFTA) fell by 2.1% in January, according to data from the European Automobile Manufacturers' Association (ACEA). While fully electric vehicle (EV) sales surged by 37.3%, the sharp decline in sales of petrol and diesel mod
Nissan Motor Co. (7201.T) and Honda Motor Co. (7267.T) have formally ended discussions on a potential merger, a deal that would have created a $60 billion automotive giant. Despite this decision, both automakers confirmed they will continue to collaborate on electric vehicle (EV) technology.
Russian President Vladimir Putin has agreed in principle to a 30-day ceasefire proposal from U.S. President Donald Trump, aimed at reducing hostilities in Ukraine. While the ceasefire presents a potential opportunity for peace talks and humanitarian aid, the terms are still under negotiation.
Russian President Vladimir Putin has expressed support for U.S. proposals for a ceasefire in Ukraine, but insists that any agreement must address the root causes of the conflict to ensure lasting peace.
A U.S. judge has directed Elon Musk and his Department of Government Efficiency (DOGE) to provide records and answer questions about their federal spending reduction efforts. The order stems from a lawsuit filed by 14 Democratic state attorneys general, alleging constitutional violations by Musk.
Foreign ministers from the world’s leading democracies meet in Canada to navigate rising tensions with the U.S., as Trump’s policies on Ukraine, tariffs, and Russia spark divisions. Diplomats seek common ground while confronting Washington's unpredictability.
The UK has withdrawn accreditation for a Russian diplomat and a diplomatic spouse, requiring them to leave the country, following the expulsion of two British officials from Russia on Monday.
Italy’s League party urges the government to favour Starlink over French-led Eutelsat for satellite communication systems, citing Starlink's technological edge. The push comes amid delays in the EU’s IRIS² program, as Italy seeks secure communication solutions for officials.
XPeng Motors plans to mass-produce flying cars by 2026, becoming the first company globally to do so. CEO He Xiaopeng also highlighted advancements in autonomous driving and humanoid robotics as part of the company’s future tech initiatives.
World leaders welcomed the 30-day ceasefire proposal that Ukraine has agreed to, calling it a step toward ending the conflict with Russia.
The Organization of Islamic Cooperation (OIC) is set to condemn Trump’s Gaza “Riviera” plan, backing Egypt’s $53 billion reconstruction proposal. A classified draft resolution, rejects the relocation of Gazans, calls for urgent international support, and mobilises opposition to the U.S. stance.
In Tuesday’s closely watched parliamentary election, Greenland’s pro-business opposition Demokraatit party took a commanding lead after over 90% of the ballots were counted.
Türkiye’s state-owned Turkish Petroleum Corporation signed a joint venture agreement with U.S. oil giants Continental Resources and TransAtlantic Petroleum, Turkish Energy Minister Alparslan Bayraktar announced.
The Bank of Canada trimmed its key policy rate by 25 basis points on Wednesday, lowering it to 2.75%, as concerns mount over inflationary pressures and weaker economic growth driven by renewed trade uncertainties and tariff threats.
Canada will introduce $29.8 billion in retaliatory tariffs in response to the U.S. decision to impose 25% duties on steel and aluminium imports. The move follows similar action by the EU, escalating trade tensions with Washington.
The European Union will impose counter tariffs on 26 billion euros ($28 billion) worth of U.S. goods from next month, the European Commission said on Wednesday, ramping up a global trade war in response to blanket U.S. tariffs on steel and aluminium.
The European Commission has raised €9 billion of EU-Bonds in its 3rd syndicated transaction for 2025.
Russian President Vladimir Putin has agreed in principle to a 30-day ceasefire proposal from U.S. President Donald Trump, aimed at reducing hostilities in Ukraine. While the ceasefire presents a potential opportunity for peace talks and humanitarian aid, the terms are still under negotiation.
Russian President Vladimir Putin has expressed support for U.S. proposals for a ceasefire in Ukraine, but insists that any agreement must address the root causes of the conflict to ensure lasting peace.
A U.S. judge has directed Elon Musk and his Department of Government Efficiency (DOGE) to provide records and answer questions about their federal spending reduction efforts. The order stems from a lawsuit filed by 14 Democratic state attorneys general, alleging constitutional violations by Musk.
Foreign ministers from the world’s leading democracies meet in Canada to navigate rising tensions with the U.S., as Trump’s policies on Ukraine, tariffs, and Russia spark divisions. Diplomats seek common ground while confronting Washington's unpredictability.
The UK has withdrawn accreditation for a Russian diplomat and a diplomatic spouse, requiring them to leave the country, following the expulsion of two British officials from Russia on Monday.
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