BYD Subsidy in Japan Slashed by Over Half, Toyota bZ4X Gets Nearly 10x Support
Japan cuts BYD EV subsidies by over 50% to 150,000 yen ($939), while domestic models like Toyota bZ4X retain up to 1.3 million yen ($8,190), widening the competitive gap.
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China Used-Car Sales Fall in Feb, Tesla Tops 3-Year BEV Retention Ranking
The residual value rate for pure electric vehicles fell from 46.8% in January to 46.2%, while plug-in hybrid models declined from 44.8% to 44.5%.
Europe Car Registrations Fall 3.5% in Jan, BYD Surges 165%, Tesla Drops 17%
Chinese brands sold a combined 70,465 vehicles in Europe in January, up 80% YoY, lifting market share from 4% in January 2025 to 7.4%.
BYD Overtakes Ford in 2025 Global Sales, Ranks Sixth Among Automakers
As major global automakers release their 2025 sales figures, BYD’s annual sales of 4.602 million vehicles make it the first Chinese automaker to enter the global top six by volume.
BYD Expands PHEV Lineup in Japan Amid Subsidy Disadvantage
BYD plans to introduce the Seal 6 wagon and the compact SUV Atto 2 in Japan during 2026, further expanding its PHEV portfolio.
Toyota Bets Big on Hybrids, Targets 6.7 Million Units Global Production by 2028
Toyota held a 58% share of the global hybrid vehicle market as of the end of 2025.
China’s Top 10 JV NEVs in 2025: Toyota bZ3X Leads, Buick GL8 PHEV and Nissan N7 Follow
China’s NEV market in 2025 saw intense competition, particularly among joint venture automakers like Toyota and Nissan.
China Lifts Global Auto Sales as Market Share Hits 40% in Nov
China sold 31.08 million vehicles in the first 11 months, up 11% year on year, accounting for 35.4% of global sales.
Toyota’s China Sales Fall 12% in Nov, EV Sales Hit 86,928 Units
The performance in the Chinese market was a major factor contributing to Toyota’s global sales decline.
BYD to Launch PHEV Hatchback Dolphin G in Europe Next Year
Dolphin G will share its plug-in hybrid architecture with the Atto 2 DM-i, featuring a 1.5 L four-cylinder engine paired with a front-mounted electric motor.