Etiqueta: CATL

BYD is building it first plant in Hungary, while Leapmotor will use a Stellantis factory in Poland, as Chery eyes production in Spain and possibly Italy; Great Wall, SAIC and Dongfeng are also assessing opportunities

European governments may be wary of budget Chinese electric vehicles flooding their markets but they're also fiercely competing for a share of the manufacturing investment and jobs the new competitors bring. While the European Union investigates China's auto subsidies and considers tariffs on imports, national governments across the bloc are dangling their own incentives to attract Chinese automakers looking to build European factories. Manufacturing costs for Chinese EV makers including BYD, Chery Automobile and state-owned SAIC Motor are much lower at home but they are nonetheless keen to set up in Europe to build their brands and save on shipping and potential tariffs, said Gianluca Di Loreto, a partner at consultancy firm Bain & Company.

The latest generation of BYD’s DM hybrid system slashes fuel consumption while extending EV driving range.

Ford's CEO, Jim Farley, revealed to Yahoo Finance that the automaker is serious about making affordable EVs for Americans.

As global EV battery consumption continues rising, the most prominent players, including CATL and BYD, continue dominating the market in...

BYD Co., Ltd. maintains its position as the world's second-largest EV battery manufacturer from January to April.

FinDreams Battery, a wholly-owned subsidiary of Chinese automaker BYD, has won a contract to supply affordable lithium iron phosphate (LFP) battery cells