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Tesla Sells 33% Of Vehicles Below Average Cost, BYD Pulls Ahead

BYD more than doubled Tesla’s China sales in October as Tesla’s sales slipped on a month-over-month basis, while new energy vehicle (NEV) startups showed . READ MORE ....

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Jeep-Owner Stellantis Fends Off Strikes To Post Big Revenue Rise

Franco-global auto-making conglomerate Stellantis has shrugged off the effects of the prolonged North American strikes to post third-quarter revenues of 45.1 billion e. ....

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Mercedes says EV adoption rate lower than expected

Mercedes-Benz is seeing lower than expected consumer adoption rates for electric vehicles, CFO Harald Wilhelm said on Thursday, describing the EV market as a "pretty brutal space". ....

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Lexus India: Betting on hybrid models in India till first BEV hits market in 2026: Lexus

Luxury automaker Lexus plans to focus on hybrid vehicles for sustainable growth in the Indian market until it introduces its first battery-electric vehicle (BEV) in 2026. The company s president, Takashi Watanabe, stated that Lexus would expand its hybrid technology and potentially introduce more SUV models in India. ....

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