Etiqueta: EU
Its car profits down, Volkswagen has a new idea: Tanks

Volkswagen is considering a shift towards military production as its auto business faces challenges, including high costs and declining profits. CEO Oliver Blume stated the company is open to exploring military vehicle production. This move comes amid increased European military spending and Volkswagen's need to support its struggling business. Potential collaborations with defence companies like Rheinmetall are being discussed.
Volkswagen and Toyota Take on BYD With Budget BEVs

The compact hatchbacks from Volkswagen and Toyota are aimed at bringing battery-electric vehicles to the motoring masses.
BYD mulls third plant for European market to meet growth plans
BYD's head of Europe, Stella Li, says the automaker is considering a third regional plant to build cars for Europe.
BYD Pondering Third European Plant While Building Its First Two

Producing vehicles in Europe will allow BYD to skirt tariffs recently placed against it by the EU
Europe’s EV Market Gets a Surprising Boost From Company Cars

Belgium’s changes to company-car taxes is charting a path for the EU’s transition to cleaner transport.
BYD “Wants to Work” with Tesla (NASDAQ:TSLA) to Combat ICE Cars

BYD ($BYDDF) and Tesla ($TSLA) may be squaring off as fierce rivals in the world of electric vehicles, but the Chinese auto giant says it wants to work alongside it...
Elon Musk’s Policies Impact Tesla’s Sales and Business in Europe

Elon Musk's recent political decisions as an advisor to Donald Trump are already affecting Tesla's sales in Europe. Tesla sold fewer than 10,000 units in Europe last mont
EU gives automakers ‘breathing space’ on CO2 emission targets

The European Commission yielded to pressure from European automakers on Monday by giving them three years, rather than only one, to meet new CO2 emission targets for their cars and vans.
China’s EV Giant BYD Looks to Raise $5.2 Billion in Share...

BYD plans to raise $5.2 billion through a share sale in Hong Kong to fund its overseas expansion and research and development efforts.
BYD considers third European plant and battery factory

Chinese manufacturer BYD wants to build another plant in Europe since the EU now collects special tariffs on electric vehicle imports from China. Battery