Etiqueta: EU

Hong Kong stocks retreated, underperforming regional markets, after the European Union announced provisional import tariffs on Chinese electric vehicles.

Thailand is a regional auto assembly and export hub. Read more at straitstimes.com.

Chinese automaker BYD continues to expand its business in Europe by developing local partnerships.

The facility encompasses processes of stamping, painting, welding, final assembly, and producing car components.

The European Union will impose tariffs of up to 37.6% from July 5 on imported electric vehicles made in China, ratcheting up trade tension with Beijing, in a latest effort to protect home-grown manufacturers.

BYD opened an electric vehicle factory in Rayong on Thailand's eastern seaboard on Thursday, as China's grip on the local car sector ramps up

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

BANGKOK (AFP) – China’s electric vehicle giant BYD opened a factory in Thailand on Thursday, continuing its international expansion despite a market slowdown and hours before the European Union was due to impose swingeing tariffs on Chinese EV firms. The plant in Rayong, an industrial area southeast of Bangkok, will be able to build up […]

China's electric vehicle giant BYD opened a factory in Thailand on Thursday, continuing its international expansion despite a market slowdown and hours before the European Union was due to impose swingeing…

We expect BYD to significantly expand its market share in the foreseeable future. Read more to see our analysis of BYDDF stock and why it is rated as a Sell.