Chinese EV maker BYD has unveiled its budget-friendly Dolphin Surf in Berlin, intensifying competition in Europe's electric car market with prices starting at just €19,990.
Chinese automakers like BYD are launching fast‑charging EV systems to address one of the biggest hurdles to wider electric vehicle adoption: long charging times. Many drivers worry that their EV batteries could run out during long trips, so rapid recharging is seen as a critical selling point.
Electric vehicle manufacturer BYD is under investigation in Brazil after hundreds of Chinese workers were brought into the country on irregular visas to work on a factory construction in Bahia, with many found in "slavery-like conditions," according to labor authorities, Reuters reports.
BYD surpassed Tesla in fourth-quarter EV deliveries, with a 13.1% sales increase, while Tesla saw a 5% rise.
Toyota’s global production declined for the 10th consecutive month in November, down 6.2% year-on-year. However, the automaker saw a 1.7% increase in worldwide sales, marking the second consecutive month of growth.
China’s BYD is set to surpass its 2024 sales target of 4 million vehicles, overtaking Honda and Ford globally. Driven by strong domestic demand, BYD’s market share and production capacity continue to soar, solidifying its position as an EV leader.
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