Global EV Sales Hit Monthly Record in October
Global EV Sales Hit Monthly Record in October on Strong Performance in China -- OPIS
An indication of China's strength in global EV markets is that Shenzhen-based BYD Auto reported total sales of more than 500,000 during the month, up by 80,000 from September. The company's exported more than 30,000 units in October, in keeping with levels seen in the previous three months, according to Rho Motion.
Toyota, Honda, and Nissan recently reported underwhelming earnings, pressured by China's competitive EV market.
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The Associated Press - Business News on MSN10d
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