Etiqueta: EU

(Reuters) -Chinese EV maker BYD sold three times as many new cars in the European Union last month than in August 2024, surpassing U.S. competitor Tesla for the second consecutive month, data from the European auto lobby ACEA showed on Thursday. Stellantis returned to sales growth in Europe for the first time in over a year, as the overall market expanded with a boost from plug-in hybrid (PHEV) and battery-electric (BEV) sales. Chinese brands have also used the technology to minimise the impact of the European Union's tariffs on Chinese-made EVs, and to win over China-skeptic European drivers.

MILAN (Reuters) -Leading Chinese automaker BYD will need to manufacture auto batteries in Europe as its car production in the region is expected to expand in the coming years, the group's special adviser for Europe said on Wednesday. BYD aims to produce all its EVs for sale in Europe locally within three years, helping it avoid EU tariffs, Executive Vice President Stella Li said earlier this month, adding plug-in hybrids should dominate the group's European sales in the short term. Asked whether BYD is considering a further facility serving Europe, its special adviser Alfredo Altavilla said the group would also need to produce batteries in the region.

BYD recently introduced the new “Haohan” BESS (Battery Energy Storage System), as reported in PV Magazine’s ESS News, CnEVPost and multiple Chinese Media channels. The 14.5 MWh of capacity and 52.1% VCTS (Volumetric Cell to System) are industry leading. However, the implications go far beyond the technical specs.

By Nick Carey, European Autos CorrespondentGreetings from London!After many years of riding high, Porsche has hit what could only charitably be called a rough patch.Late on Friday, Porsche once again had to pull back from its electric vehicle rollout in a move that will hit parent company Volkswage…

New U.S. regulations, responding to U.S. national security concerns, are set to take effect in mid-January and will prohibit imports of Chinese- and Russian-made “connected” software and hardware used in manufacturing vehicles. If combined with Trump’s proposed 10%–20% tariffs on imported vehicles and auto parts, these regulations could adversely impact Mexico’s economy, reduce the global competitiveness of North America’s automotive sector, and disrupt U.S. trade agreements.

BARCELONA (Reuters) -When Javier Hernandez went car shopping in Barcelona, he ended up choosing a plug-in hybrid by China's BYD - swayed by a price nearly 10,000 euros cheaper than European rivals. With government subsidies, the BYD Seal U DM-I Hernandez opted for starts at around 30,000 euros ($35,289) in Spain, compared to over 40,000 euros for VW's Tiguan and Peugeot's 3008 plug-in hybrid models. Cost-conscious buyers like Hernandez are fuelling rapid growth for Chinese EV carmakers like BYD in Spain and around Europe, stepping up competition with regional and U.S. rivals like Tesla, Stellantis and Volkswagen.

“The conversion rate from test drive to purchase is outstanding in every market,” BYD’s Maria Grazia Davino told The Big Question.View on euronews

“The conversion rate from test drive to purchase is outstanding in every market,” BYD’s Maria Grazia Davino told The Big Question.

Tesla vs. BYD – The Ultimate 2025 EV Stock Showdown 🚀🔋 - Tech Space 2.0

Housed in a standard 20-foot container, the battery delivers 10 MWh and reaches a volumetric energy density of 233 kWh per cubic meter, about 51 percent higher than the market average.