Electric Vehicle Market
Coverage of Electric Vehicle Market in the Nexus archive.
- Tesla’s China sales surge to 2026 high, but rivals crowd the rear-view mirror
Tesla’s Shanghai Gigafactory reported a 39.4% year-over-year increase in May deliveries, reaching 85,982 Model 3 and Model Y vehicles. However, the company faces growing competition from domestic rivals launching new models in China’s recovering electric vehicle market.
- Global EV market goes K-shaped as the U.S. gets left behind
The global electric vehicle market is experiencing a K-shaped recovery, with all regions except the U.S. seeing a surge in EV sales, posing risks for both legacy and startup automakers. This trend indicates a significant shift in the automotive industry. The U.S. is lagging behind in EV adoption.
- ‘Look, no hands’: China chases the driverless dream at Beijing car show
China's car manufacturers are shifting focus to autonomous driving as domestic sales slow, showcasing AI-driven technology and global ambitions at the Beijing car show. The event highlights their dominance in the electric vehicle market and investment in future mobility solutions.
- Hyundai Ioniq 3 is a stylish £25,000 electric hatchback - but does it have enough range to better Chinese rivals?
The Hyundai Ioniq 3 is a stylish electric hatchback priced at £25,000. The article questions whether its range is sufficient to compete with Chinese rivals in the electric vehicle market.
- Japan's auto industry plots new road map to counter BYD threat
Japan's automotive industry is developing a strategic response to counter the competitive threat posed by Chinese electric vehicle manufacturer BYD. The Japanese automakers are plotting a new road map to maintain their market position against BYD's growing dominance in the EV sector.