Consumer Demand

BYD Surpasses Tesla: A New Era in Hybrid Range

In a monumental shift, Chinese automaker BYD has emerged as the world leader in electric vehicle (EV) sales, momentarily edging past Tesla, a company once shrugged off by its CEO Elon Musk. BYD’s recent unveiling of a hybrid powertrain boasting an unparalleled…

U.S. New Car Sales: A Cautious Uptick in 2024

As the automotive industry gradually recovers from the tumultuous impact of the COVID-19 pandemic and ensuing supply chain disruptions, the U.S. new car market is showing signs of a modest revival. Industry analysts are projecting a slight increase in vehicle sales for…

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