#ev-market

#ev-market

The global race towards electric vehicle electrification will continue despite political changes in the White House.

Tesla has lost its title as the world's top electric vehicle maker to BYD, highlighting the rapid growth of the global EV sector led by China.

Ford is simplifying EV manufacturing to reduce costs and remain competitive against Chinese manufacturers.

Despite being labeled as a 'Tesla Model Y Killer', no EV has substantially challenged the Model Y's best-selling status, particularly in the global market.

Tesla's third-quarter deliveries missed Wall Street expectations, emphasizing the growing competition in the EV market.

The company is under pressure to deliver record numbers in Q4 to avoid an annual delivery drop.

Rising competition, particularly from China's local automakers, is impacting Tesla's market performance.