Etiqueta: BYD

BYD Shenzhen has 9,200 standard loading spaces, covering an area equivalent to 20 football fields.

SHANGHAI (Reuters) -A large dealer of Chinese electric vehicle maker BYD's cars in the eastern province of Shandong has gone out of business with at least 20 of its stores found to be deserted or shut, government-owned media reported. The Jinan Times, which is owned by the government of the provincial capital of Jinan, reported on Wednesday that Qiancheng Holdings, which ran BYD stores, had fallen into difficulties, affecting more than 1,000 consumers who were still owed warranty coverage and after-sales services. The affected stores are spread across four cities, including Jinan and Weifang, the newspaper said, citing visits it had made.

Prosecutors accuse carmaker and two contractors of bringing Chinese workers to Brazil under false pretences and keeping them in ‘minimum comfort and hygiene conditions’

The Sealion 07 EV has been renamed Sealion 7 in Guatemala, similar to BYD's approach in other overseas markets.

The fight to secure Chinese auto licensees is expanding quickly

Brazil was set to host the first non-Asian factory for the EV giant. It's now suing the company instead

One day after BYD (BYDDY) overtook Tesla’s (TSLA) market share in Europe, the Chinese EV maker and two of its contractors were sued by the Brazilian government for subjecting 220 Chinese workers in the South American country to “slavery-like conditions.”

BYD's aggressive price cuts are rattling China's EV giants. Margin squeeze and fierce competition threaten the sector's future.