Automundo China
BYD to establish European centre in Hungary with 2,000 jobs
The new facility will generate 2,000 jobs and act as a centre for BYD model sales, support, testing, and adaptation.
For luxury brands, there are no replacements as China and the...
Sales of designer merchandise thrive under specific conditions that are still lacking in markets like India.
China is unbeatable when it comes to EVs. Here’s what Europe...
The country has mastered the science of making and selling electric vehicles like hot cakes.
The US-China trade truce doesn’t solve the Fed’s headache
Tariffs are still high enough to raise US inflation and unemployment, which will put its central bank between a rock and a hard place. What can the Fed do? It probably won’t get much clarity on inflation, growth and trade policy until September.
Just how ‘smart’ are electric cars? Regulators say a lot less...
China's electric carmakers get a reality check with new government mandatory requirements to better
Weekly roundup: U.S. cuts tariffs in China, UK trade deals, Tesla...
Earlier this week: The U.S. and China slashed tariffs in a surprise trade truce. Trump, Starmer strike potential U.S.-UK trade deal with cuts to car, steel tariffs. U.S. regulators investigate Tesla’s robotaxi launch amid FSD technology concerns. Congressional bill targets EV tax credit, threatening major price hikes by 2026. Nissan deepens cuts with 11,000 more […]
Hungary continues to woo China as BYD opens up European centre,...
Hungary Prime Minister Viktor Orban has encouraged Chinese companies to set up in his country with tax breaks and infrastructure projects.
BYD to open R&D centre in Hungary
Chinese electric vehicle maker BYD is to open a major R&D centre in Budapest, Hungary alongside its new European headquarters.
Hungary Becomes Key Hub in East-West Tech Cooperation with BYD Deal
Hungary will manufacture the next generation of electric vehicles, Prime Minister Viktor Orbán announced after signing a strategic agreement with Chinese carmaker BYD, marking a milestone in Chinese–Hungarian industrial cooperation.
BYD’s independent SiC development powers breakthrough megawatt charging
Leading Chinese new energy vehicle (NEV) maker BYD grabbed market headlines in the first quarter of 2025 with the unveiling of its megawatt-level flash charging technology. Silicon carbide (SiC) semiconductors played an instrumental role in this technological advancement, as key advantages of the wide bandgap material, including high voltage and temperature resistance and low energy loss, help enhance the efficiency and reliability of electric drive systems to support high-voltage charging.
