South Korea Strips BYD of $1,400 EV Subsidy
BYD is excluded from South Korea’s electric vehicle subsidy program, jeopardizing its competitive edge against eligible brands like Hyundai and Tesla.
Latest in EV news, technologies, data and insights from China market
BYD is excluded from South Korea’s electric vehicle subsidy program, jeopardizing its competitive edge against eligible brands like Hyundai and Tesla.
France’s car registrations rose 11.37% in June 2026, with electrification dominating market trends amid moderate recovery.
Li Auto plans a restructuring to enhance efficiency in product development and decision-making, amidst growing competition in China’s new-energy vehicle market.
Leapmotor’s controlling shareholders boosted their stake again amid record vehicle deliveries and upcoming product launches.
In June 2026, Italy’s vehicle registrations increased year-on-year, driven largely by rising Chinese brand presence, notably BYD and MG.
China’s new L2 driver-assistance standard, effective January 1, 2027, enhances safety regulations industry-wide.
BYD Energy Storage partners with Greenvolt for a 600 MW battery project in Poland, enhancing renewable energy integration and grid stability.
BYD’s June sales hit 397.3K units, driven by overseas demand, while emphasizing growth in battery-electric vehicles and new models.
June delivery rankings reflect varied automaker performances, with Leapmotor leading new entrants, while others face challenges in competition and sales growth.