Industry News
BYD set to pass Tesla in global EV sales race
Chinese automaker BYD is on track to become the world’s largest electric vehicle seller in 2025, edging past longtime leader Tesla based on current sales figures.

As both companies prepare to release their full-year numbers, the gap is already clear. By the end of November, BYD had sold around 2.07 million electric vehicles worldwide. That figure already exceeds what analysts expect Tesla to deliver for the entire year.

Tesla reported sales of about 1.22 million EVs by the end of September. A late surge followed ahead of the expiration of a US tax credit for electric vehicles, but forecasts suggest momentum slowed again in the final quarter. Market consensus points to Tesla finishing 2025 with roughly 1.65 million EVs sold, down from last year.

The tax credit boost came before the $7,500 incentive ended under legislation supported by US President Donald Trump. Industry analysts say the removal of incentives has created a transition period for EV demand in the United States, with buyers taking a wait-and-see approach.

Tesla has also faced pressure in Europe and China, where competition has intensified. Deutsche Bank estimates fourth-quarter sales could fall sharply in North America and Europe, with a smaller dip in China. Some analysts say public reaction to CEO Elon Musk and his political views has also affected brand sentiment in certain markets.

Even so, investors remain focused on Tesla’s longer-term plans. Analysts see autonomous driving as a potential growth driver, with attention already shifting to 2026. Tesla continues to develop its full self-driving technology and has announced plans to produce its Cybercab robotaxi next year. Lower-priced versions of the Model 3 and Model Y have also been introduced to support demand.

BYD, meanwhile, continues to expand at scale. The company sells both battery electric and hybrid vehicles and has built a strong presence beyond China. While competition and price pressure remain intense in its home market, BYD has pushed into overseas production to support global growth.

According to Fitch Ratings, BYD’s early move to establish factories and supply chains outside China could help it manage rising trade barriers. While the United States has imposed steep tariffs on Chinese EVs, Europe has taken a different approach. BYD is already building manufacturing capacity in Hungary as part of its European expansion.

Tariffs introduced under former US President Joe Biden and the prospect of higher duties under Trump have complicated the global EV market. Despite this, BYD’s sales pace suggests it has found ways to keep growing.

As 2025 closes, the global EV landscape looks different from just a few years ago. Tesla still holds strong brand recognition and future technology bets. BYD, however, now leads on volume and reach, signaling a shift in who sets the pace in electric mobility.
Industry News
Global Green Light
The United Nations has adopted the first global regulations for fully autonomous vehicles, setting uniform safety requirements that could support wider deployment of self-driving cars across major markets.

The rules were adopted Wednesday in Geneva by the World Forum for Harmonisation of Vehicle Regulations under the UN Economic Commission for Europe. The framework covers vehicles equipped with fully autonomous driving systems, or ADS, but does not cover assisted driving features.

The move comes as robotaxi services expand in China and the United States, where private fleets more than doubled in 2025 to 8,000 vehicles across more than two dozen major cities. The International Energy Agency expects 700,000 to three million robotaxis to operate in 40 to 80 major cities by 2035.

UNECE said the framework aims to build trust among governments, manufacturers and the public by requiring automated systems to meet strict safety standards. Richard Damm, chair of the UNECE Working Party on Automated/Autonomous and Connected Vehicles, called the adoption a major step for future road technology.

Under the new framework, manufacturers must show that testing meets strict credibility standards. They must also maintain audited safety governance throughout the ADS lifecycle, provide evidence that their systems pose no unreasonable risk, and monitor performance continuously.
Vehicles covered by the rules must also record and store safety-relevant ADS data.
UNECE said the framework was backed by major auto markets, including the United States, China, the European Union, Japan and Britain. Officials expect the rules to enter into force in January 2027, with some manufacturers already preparing for compliance.

The rules were adopted through two separate international agreements. More than half of the 62 parties to a 1958 agreement voted unanimously to implement the regulations, allowing autonomous vehicles produced in one member country to be sold in others without further controls.
The United States, Canada and China, which are not part of that agreement, joined 10 other countries in adding the same rules to a 1998 agreement. That agreement does not provide automatic mutual recognition between countries.
Damm said bringing major markets into the framework did not weaken the safety requirements.
“This regulation is not a compromise on safety,” he said.
EV
Plug And Earn
VF 5 Opens EV Earnings Route
VinFast is positioning the VF 5 as both a daily electric vehicle and a possible income tool through its Rentapasada program, which gives transport service drivers a lower-cost way to enter ride-hailing operations.
The VF 5 is a five-seat, all-electric A-segment SUV aimed at buyers watching not only the purchase price, but also long-term running costs. Fuel, maintenance and daily operating expenses can influence ownership costs over several years, especially for motorists who drive often.
Metro Manila owner Carlo Santos said he compared the VF 5 with gasoline-powered crossovers before buying the EV. He said the difference became clearer after he calculated fuel and maintenance expenses.
Based on VinFast’s example, a gasoline crossover consuming around 6.8 liters per 100 kilometers would use about 68 liters of fuel for 1,000 kilometers of monthly driving. At a Metro Manila gasoline price of P87.25 per liter as of 9 June 2026, that would cost close to P6,000 a month. VinFast said the VF 5’s energy costs may be more than 50 percent lower for the same distance.
The savings could be bigger for transport service drivers. A driver covering around 200 kilometers a day with the same gasoline consumption rate would use roughly 408 liters of fuel each month, equal to about P35,600 in fuel costs alone at the cited pump price.
VinFast is tying that advantage to Rentapasada, a rental program designed to help Filipinos join the ride-hailing and transport service sector through Green GSM’s platform. The VF 5 is one of two models available under the program, alongside the seven-seater Limo Green.
Rental rates start at P1,000 per day, allowing drivers to operate without the large upfront cost usually required for vehicle ownership. Drivers who meet qualifying ride targets may also receive free charging at V-Green charging stations, which can further reduce daily operating costs.
The program offers a fixed five-year contract, with an option to extend for another three years. VinFast said this gives drivers a more predictable setup for building a long-term source of income.
The VF 5 is powered by a 100 kW electric motor and offers up to 326 kilometers of range. It also comes with six airbags, seven advanced driver assistance features, 16 smart functions, blind spot monitoring and rear cross-traffic alert. The vehicle is covered by a seven-year warranty, while the battery has a 10-year warranty.
With Rentapasada, VinFast is pitching the VF 5 beyond private use. The EV can serve as a family car, commuter vehicle or income-generating unit for drivers looking to lower fuel expenses while entering the transport service market.
Cars
Cordillera Cab
BYD deploys first Sealion 5 DM-i taxi fleet
BYD Cars Philippines has rolled out the country’s first Sealion 5 DM-i taxi fleet through the deployment of 20 units to Highland Transport Service Cooperative in Northern Luzon.

The fleet was launched in La Trinidad, Benguet with dealer partner SEAelectric, supporting HTSC’s re-fleeting program for transport services in the Cordillera region.
The Sealion 5 DM-i units will be used for taxi operations across La Trinidad and nearby Cordillera areas, where operators face varied terrain and daily passenger demand. The plug-in hybrid SUV uses BYD’s Super DM-i technology, which is designed to deliver electric-first driving, extended range and lower fuel consumption.
BYD Cars Philippines said the deployment aims to reduce operating costs for drivers while giving passengers a quieter and more comfortable ride. The company also positions the fleet as part of its broader push for cleaner and more efficient mobility solutions suited to local transport operators.
Bob Palanca, managing director of BYD Cars Philippines, said the Sealion 5 DM-i fleet shows how the model can serve operators beyond city use, especially in areas such as Benguet where road and terrain conditions differ from urban routes.
The handover gathered representatives from BYD Cars Philippines, SEAelectric and HTSC. Present during the event were Joel Sevilla, general manager of BYD La Union; Palanca; Pastor Joel Tabingan, vice chairman of HTSC; Marwin Cabading, chairman of HTSC; Glenn Yu, chief executive officer of SEAelectric Philippines and dealer of BYD Baguio; and Francis Yu, chairman of SEAOIL and dealer principal of SEAelectric Philippines.
BYD Cars Philippines is the local distributor of BYD passenger vehicles under ACMobility, the mobility arm of Ayala Corporation. The brand currently operates through 81 authorized dealerships in key locations nationwide, including Quezon Avenue, Makati, Bonifacio Global City, Greenfield Mandaluyong, Cebu, Davao, Pampanga, Fairview, Commonwealth, Alabang, Cagayan de Oro and Bacolod.
ACMobility also distributes Kia, operates select dealerships for BYD, Kia and Isuzu, and has entered the luxury electric vehicle segment through DENZA. The company has also expanded its electric vehicle charging network to more than 200 locations nationwide.

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