Electric cars from BYD, which topped Tesla as the world's top seller of EVs in last year's fourth quarter, await export at a Chinese port. BEIJING: Chinese car giants locked in a cut-throat price war descend on the capital for the start of the Auto China show on Thursday , vying to draw consumers and headlines in the world's biggest electric vehicle market and abroad.
A NIO EL6 car model is presented at the NIO House, the showroom of the Chinese premium smart electric vehicle manufacture NIO Inc. in Berlin, Germany on Aug 17, 2023. The probe coincides with reports of Chinese vehicles piling up at European ports, as logistics networks struggle to cope with the surge and local consumers are slow to buy them.
Tesla reclaimed that title in the first quarter of this year, but BYD remains firmly on top in its home market.The Shark's price has yet to be disclosed, but BYD has said it will be equipped with the firm's dedicated off-road technology platform.