Etiqueta: EU

BYD will delay mass production at its Hungarian EV plant until 2026 and will operate the plant below capacity for at least the first 2 years, according to Reuters.

Chinese giant BYD has delayed the start of mass production in its first passenger vehicle plant in Europe to 2026, Reuters reported on Tuesday, citing two sources familiar with the matter.

At the same time, China's No. 1 automaker will start making cars earlier than expected at a new plant in Turkey where labour costs are lower, and will vastly exceed its announced production plans, one of the sources said. Shifting production away from Hungary in favour of Turkey would be a setback for the European Union, which has been hoping that its tariffs on EVs made in China would bring in Chinese investments and well-paid manufacturing jobs.

Chinese giant BYD announced on Monday that its luxury brand Yangwang will be expanding to Europe, becoming the first Chinese automaker to enter the top-tier luxury segment in the continent.

This morning we're looking at Stellantis' multi-billion-dollar 2025 losses, as well as BYD's stagnation.

BYD's Dominance and the Fragility of China's EV Ecosystem

BYD, the Chinese electric‑vehicle maker, is offering full coverage for its self‑parking feature. If it fails, even due to a software glitch, BYD will cover the repair costs, pay for any property damage, and take care of injury claims. BYD posted the pledge on Weibo, saying it fully trusts its God’s Eye ADAS. No other automaker has […]

BYD, the Chinese electric‑vehicle maker, is offering full coverage for its self‑parking feature. If it fails, even due to a software glitch, BYD will cover the

US President Donald Trump is trying again to end the war in Ukraine – not by targeting Russia, but by hitting the countries that buy Russia’s oil.

Chinese automaker, Build Your Dreams (BYD,) has announced a major decision which deals with a shift in their focus of fully electric vehicles (EVs).