June 9, 2025 04:00 AM GMT Autos & Shared Mobility | North America Global EV Tracker: China's Era of Electric Domination Global EV sales in April were up 38% y/y, driven by China which experienced 51% y/y growth (EU also at +30%). Global share gainers were led by Geely, XPeng, BAIC and Dongfeng while losers of share included Tesla, Mercedes, GAC and Toyota. Tesla global sales down 17% y/y and down 15% y/y in the US. I'd greatly appreciate your support for the Morgan Stanley Auto & Auto Parts team in this yea ...

For electric vehicles (EVs) to truly go mainstream, they need to be more affordable. Automakers are working to cut costs and Chinese EV giant BYD Co Ltd (BYDDY) is already racing ahead. With a vertically integrated business model and full control of its supply chain, BYD is selling cars at a much cheaper sticker price.Its cheapest model, the BYD Seagull, just got a price cut. The 2025 Seagull now starts at only 56,800 yuan (around $7,800), down from its earlier price of 69,800 yuan ($9,500). The promotion a ...