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Uber, Chinese automaker BYD to offer drivers affordable pricing on at least 100,000 EVs in North, South America and Western Europe; Uber CEO says its drivers were going electric five times faster compared to private car owners but cost still a barrier

JPMorgan forecasts BYD's global deliveries to reach 6 million units by 2026, including 1.5 million units in overseas markets; BYD's share of global light-vehicle market to expand from 3% in 2023 to 7% in 2026, and share of new EV market will remain at 22%

Commentary: Chinese firms undaunted by US tariffs on EVs, as largest producer BYD says it has no plans to enter US market; focus has shifted to Europe, where Chinese EVs already account for 11% of total sales, and figure is projected to reach 20% by 2027

Global EV sales jump 18% year-over-year in Q1 2024, driven by 46% growth in plug-in hybrid electric vehicles while sales of pure battery electric vehicles increase only 7% YoY; Chinese automaker BYD holds nearly one-third of global PHEV market

Tesla's China sales in April drop 18% year-over-year to 62,167 vehicles, as overall sales of EVs in China increased 33% YoY to 800,000 units; Tesla holds number two spot in China's EV market behind leader BYD: China Passenger Car Assn.

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