In the first quarter of 2025, Volkswagen AG reported significant growth in global deliveries, driven by increased demand for electric vehicles. This trend comes as consumers begin to show less loyalty to Tesla and its CEO Elon Musk. This article examines the factors behind Volkswagen's growing supply figures and provides an overview of the current landscape of the electric vehicle market.
Chinese electric vehicle manufacturer BYD is pursuing ambitious plans to expand its global presence. Recent analyses reveal that the company is targeting overseas sales of over 800,000 vehicles by 2025. This strategic move includes not only increasing export volumes but also implementing local assembly to bypass extra tariffs, thereby optimizing production costs.
The year for Toyota Motor Corp $TM has started slowly yet promisingly. Following a period of stagnation in overseas sales, the company has seen a revival in its domestic market, which has helped to restore its position.
