CATL will invest 5 billion yuan ($735 million) to significantly expand its sodium battery capacity by an added 40 GWh per year. According to a public document released on Thursday by environmental authorities in Ningde, Fujian province — CATL’s headquarters city — the expansion project will add 40 GWh of annual production capacity for sodium-ion …
BYD is experiencing a 36% decline in February 2026 sales compared to February 2025. This is six months in a row of sharp drop in sales in China, its core market, with global volumes down significantly year-over-year for six straight months through February 2026. March, 2026, is a hugely important month. There will be no …
BYD NEVs include both passenger and commercial vehicles recorded January sales of 205,518 units, down 30.67% year-on-year and down 50.45% month-on-month. BYD’s January sales of passenger battery electric vehicles (BEVs) totaled 83,249 units, down 33.60% year-on-year and down 56.35% from December. BYD’s power battery and energy storage battery installations in January totaled about 20.187 GWh, …
Tesla Model Y outsells Top 15 other non-tesla EV model in sales revenue. Tesla is likely the only car company profitably selling EVs. Tesla sells cars for about $40000 versus $10000-15000 for BYD and other Chinese Car makers. China BEV sales surpassed 1.1 million per month. Tesla is selling about 150,000 per month on average …
New light-vehicle sales in September 2025 reached a SAAR of 16.4 million units, up 3.5% year over year. EV tax credits expired on September 30. Battery electric vehicle (BEV) sales hit an all-time high in market share and accounted for 11.8% of all new vehicles sold. US light vehicles sales were about 1.25 million in …
There have been reports of more problems getting gas at gas stations in hurricane impacted areas. While Tesla superchargers continued to function. Gas price tracking service GasBuddy reported that as of 2:43 pm ET Wednesday afternoon, 24.3% of gas stations statewide – or nearly one in four – were without fuel, a dramatic spike from …
BYD’s significant cash burn for the second consecutive quarter is a major concern. BYD will likely slash production in 3Q to release inventory capital, alleviating cash burn. BYD has about $15 billion in inventory (66 days). This is about tracking to 3 million sales for the year. 550k cars in inventory. BYD’s growth will significantly …
Volkswagen plans to invest up to $5 billion in electric vehicle startup Rivian, starting with an initial investment of $1 billion. The additional $4 billion is expected to be invested following the establishment of a joint venture. Rivian is up about 50% afterhours. The Rivian and Volkswagen Group joint venture will create vehicle software. Volkswagen …
Researchers at the Department of Energy’s Oak Ridge National Laboratory have successfully demonstrated the first 270-kW wireless power transfer to a light-duty electric vehicle. The demonstration used a Porsche Taycan and was conducted in collaboration with Volkswagen Group of America using the ORNL-developed polyphase wireless charging system. As a light-duty passenger vehicle, the Porsche Taycan …
Every Tesla FSD sale even with the price cuts is $8000 per car or $99 per month. The $99 per month is $1200 per year or $7200 for six years. Tesla has the highest profit per car of all car makers at $7000 per car. This is why Tesla FSD before robotaxi is a big …
Billionaire investor and fund manager Ron Baron describes his ride in what seems to be the unreleased version of Tesla FSD. Waymo are $250,000 each. Ron was in California on Monday last week and was taken on a ride with the latest version of Tesla FSD. He says this is the moment for [supervised] autonomous …