Tesla’s bid to regain China market share, BYD outsells BMW in Hong Kong: 7 EV reads


We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing.

1. Tesla plans 6-seat version of Model Y to reclaim lost market share in China

Tesla will introduce a longer, six-seat version of its popular Model Y SUV in China, a strategic move aimed at reclaiming market share in the world’s largest electric vehicle (EV) market amid increasing competition from domestic rivals.

2. China and Europe power 24% growth in global EV sales in June

Global sales of electric and plug-in hybrid vehicles surged 24 per cent in June from a year earlier, driven by strong demand in China and Europe, while the US fell behind, according to the market research firm Rho Motion.

3. Driverless taxis in mainland China could control more than 6% of market: HSBC

A worker cleans a robotaxi in Shanghai. Photo: AP
A worker cleans a robotaxi in Shanghai. Photo: AP

Driverless cabs in China could account for 6 per cent of the country’s total taxi market, aided by advanced digital infrastructure and consumer willingness to embrace new technologies, according to HSBC.

  • Related Posts

    As Kuala Lumpur rises as a global financial hub, TRX marks the next chapter

    Kuala Lumpur is gaining ground as a leading financial hub, climbing three spots in the Global Financial Centres Index 39 to rank second in Asean last year. As competition intensifies…

    Continue reading
    From Beijing to Berlin: Chinese EVs turn heads as brands eye European markets

    For German consumer Erik Böhme, a first visit to the Beijing auto show was an eye-opener – the world’s largest car exhibition showcased a vast array of electric vehicle (EV)…

    Continue reading

    Leave a Reply

    Your email address will not be published. Required fields are marked *