BYD Maintains Narrow Lead Over Tesla in Global EV Race
BYD secured 15.4% of the global battery-electric vehicle market in Q3 2025, narrowly edging out Tesla's 13.4% as total NEV sales surged 31% year-over-year to 5.39 million units.
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Rivian Slashes Production Targets Amid Challenging EV Market
Rivian cut its production guidance and earnings expectations for 2025, citing a challenging market after the elimination of federal EV incentives.