Etiqueta: EU

Chinese carmaker BYD on Thursday vowed to conquer Europe with a new compact electric model and super-fast charging capability to rival continental brands.The European Union has imposed a 17-percent tariff on Chinese electric vehicles to make up for Chinese state subsidies.

The European Union Commission has reportedly opened a preliminary probe investigating whether China provided unfair subsidies to support Chinese EV...

Automotive action plan promises a ‘robust and sustainable’ sector At a glanceThe European Commission has published plans to boost the EU’s ailing automotive sectorThe plans include a delay of emissions reductions targets for cars and vansNext up for an EU action plan will be the steel sector on March 19

Wang Chuanfu founded BYD (short for Build Your Dreams) in 1995 as a company that manufactured batteries. Now, one of its multiple factories alone is capable of producing one million vehicles in a year. The expansion of BYD's production plant in Zhengzhou occupies an area larger than Segovia. In addition to the factories, new campuses have been built for the workers to live in. There are also dozens of cafeterias, sports facilities, and a couple...

The EU is investigating BYD for allegedly using unfair subsidies in its Hungary EV plant.

Investigation comes as Viktor Orbán has attracted large Chinese investments to his country

The Seagull is BYD’s cheapest EV, starting at under $10,000 in China. Later this year, it will launch in Europe...

BYD unveiled a groundbreaking EV battery that charges in just 5 minutes, adding 400 km of range, which challenges Tesla & reshapes EV market.

Germany Tipped as BYD's Host for Third European Plant