Tag: China EV market

BYD unveils budget-friendly e2 Glory edition, leading EV Price War in China

All News, EV vehicles / By Giz / electric vehicles (EVs), China EV market, BYD e2 Glory Edition

BYD, a prominent electric vehicle (EV) manufacturer globally, has unveiled its latest release, the e2 Glory Edition, in China's market. Priced at $12500 (89,800 yuan), this updated model signifies a significant 12.65% cost reduction compared to its forerunner, showcasing BYD's strategic move in response to the increasing demand for affordable EV choices in China. Positioning of […]

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China’s Luxury EV Market Experiences November Surge with Li Auto and Xpeng at the Forefront

Li Auto and Xpeng Set New Sales Records in November In November, China’s electric vehicle (EV) industry reached a significant milestone as luxury EV manufacturers Li Auto and Xpeng not only surpassed their previous sales records but also set a new benchmark in the Chinese EV market. Li Auto’s Impressive Growth Li Auto, now a member