Etiqueta: EU

China’s car giant BYD’s announcement to build a billion-dollar factory in Turkey represents a significant turnaround in bilateral relations. However, concerns persist regarding human rights issues and…

In July 2024, BYD achieved a significant milestone by setting a new record for new energy vehicle (NEV) sales. The company sold 342,383 NEVs, marking a robust 30% increase from the previous year. This impressive performance underscores BYD’s growing dominance in the global electric vehicle market. However, as BYD seeks to broaden its reach into the...

Given BYD's aggressive expansion, strong sales momentum, and continuous innovation in battery technology, AI-driven models forecast a realistic stock price target of $70 to $75 by the end of 2024.

Tariffs on Chinese electric vehicles (EV) will likely boost investments in new European factories, which is good news but could also undermine Europe’s industrial base, to address this challenge the EU needs to strengthen and unify its investment rules, writes Tobias Gehrke.

Tesla's UK registrations dip by 13% in July, while Chinese and European rivals see a jump in sales. Concerns over low Chinese EV prices arise.

Blocked from the United States, Chinese EV makers set their sights on Southeast Asia. A Chinese automaker already surpassed Tesla as the world's biggest seller of electric vehicles.

No timeline yet, but drivers beware: Plans include collaboration on autonomous-capable vehicles

The ride sharing giant Uber and Chinese automaker BYD say they have agreed on a partnership to introduce 100,000 BYD model EVs on the Uber platform in Europe and Latin America.