China’s biggest EV maker, BYD, built more electric cars than Tesla in 2024, signaling a global shift toward cheaper electric cars.

Electric Vehicle Market Electric Vehicle Market Dublin, Jan. 29, 2025 (GLOBE NEWSWIRE) -- The "Electric Vehicle Market by Product, Range, Vehicle Type, Vehicle Class, Region and Company Analysis 2025-2033" report has been added to ResearchAndMarkets.

The Chinese EV brand netted 14.4 per cent of the Singapore new car market in 2024. Read more at straitstimes.com.

BYD has beaten out Toyota Motor to take the title of most popular car brand in Singapore for the first time. Read more at The Business Times.

Tesla's quarterly financials missed expectations due to lackluster demand from an aging vehicle lineup, despite financing deals and discounts. The electric car giant aims for growth via cheaper models and new autonomous technology,

BYD COMPANY (01211.HK) toppled Toyota for the first time in 2024 to become the most popular car brand in Singapore, foreign news reported. BYD's sales in Singapore surged to 6,191 units in 2024, beating Toyota's 5,

CN MOC: 2024 Total Retail Sales of Social Consumer Goods Rise 3.5% YoY to RMB48.8T

According to Bloomberg, in 2024, BYD zoomed past Toyota with 6,191 cars sold, compared to Toyota’s 5,736, more than quadrupling sales from 1,416 BYD cars sold the previous year. The company captured 14 per cent of Singapore’s tightly regulated market, also outpacing Tesla (2,384), Mercedes-Benz (4,487), and BMW (5,042).

BMW, Geely, SAIC, and BYD are taking legal action to overturn EU tariffs on Chinese imports. The four automakers filed complaints at the Court of Justice of the European Union this week.

BYD emerges as Singapore’s top car brand while Singaporeans share their top traditions and superstitions. Plus some of the biggest and fascinating news in Singapore and beyond.

BMW and Tesla have both filed cases with the European Union’s (EU) Court of Justice challenging the EU’s recent decision to hike tariffs on Chinese-made battery electric vehicles (BEVs). The two automakers join a long list of Chinese automakers that have filed similar lawsuits against the EU,