Tesla Chinese Rival BYD Made Strong Performance, Sells More than 42 Lakh Units

January 1, 2025 by updatee.in

BYD, one of the largest companies manufacturing electric vehicles (EV), has set a sales record last year. This Chinese company has sold about 42.5 lakh units. Elon Musk’s Tesla is facing tough competition from BYD in the international EV market. BYD has set a monthly sales record in December. The major reasons behind this are … Read more

JSW Group Planning to Launch Its Own EV Brand, May Partner With Chinese EV Company

December 29, 2024 by updatee.in

JSW Group, involved in business ranging from steel to energy, plans to launch its own brand for Electric Vehicles (EV). JSW Group has negotiated licensing agreements or transfer of technology with some Chinese EV companies. It plans to build a full EV company with electric cars and electric trucks. JSW Group holds about 35 percent … Read more