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Over the year as a whole Elon Musk's Tesla ( TSLA) still outpaced BYD, selling 1.8 million electric cars. BYD sold 1.57 million electric vehicles, up 73% on 2022, as well as 1.44 million hybrids.
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Huawei launches its rival to Tesla's Model S. During a three-hour-long presentation, Lei said the company wanted to create "a dream car that is as good as Porsche and Tesla.". It quickly.
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BYD founder Wang Chuanfu is worth about $15 billion. Wang Chuanfu grew up as an orphan in one of China's poorest regions. Now one of China's richest people, his company BYD has just overtaken.
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Ampere is ready to lead the EV race from Day 1, thanks to strong assets and Renault Group's backing: • A complete product line up featuring seven vehicles by 2031: Megane E-Tech, Scenic E-Tech.
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Porsche 'Rings in New Year. A newly modified, all-electric Porsche Taycan prototype bounced its way around the 12.9-mile journey that is the Nürburgring Nordschleife in a quoted lap time of 7:07.
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Starting in 2026, Formula 1 cars will feature power units combining internal combustion and electric power in a 50/50 ratio, reflecting the sport's commitment to environmental sustainability.