Etiqueta: Europe

Chinese firm aims to not create only 5,000 jobs in Türkiye via $1B in investment but also train people and boost technology domestically - Anadolu Ajansı

BYD, the prominent Chinese automotive manufacturer, has unveiled ambitious plans to establish Turkey as a key hub for its future technological advanc

Electric vehicle registrations in China climbed by a third in May as BYD continued to control the country's market.

BYD, China's largest electric vehicle (EV) maker, is to setup a manufacturing plant in Turkey, as EU tariff talks falter

BYD, China’s biggest electric vehicle pmanufacturer and Tesla’s direct rival, has just signed a $1 billion deal for a factory in Türkiye, to open in 2026 The […]

BYD, China’s biggest electric vehicle pmanufacturer and Tesla’s direct rival, has just signed a $1 billion deal for a factory in Türkiye, to open in 2026 The […]

Beijing is leading the way in AI regulation, releasing groundbreaking new strategies to govern algorithms, chatbots, and more. Global partners need a better understanding of what, exactly, this regulation entails, what it says about China’s AI priorities, and what lessons other AI regulators can learn.

New research is predicting that Chinese brand BYD could replace Tesla as the best-selling manufacturer of electric vehicles. According to Bloomberg Intelligence’s (BI) Global BEV Report 2024, the global BEV sales mix could reach 15% by 2025, up from last years 11%, before doubling to 31% in 2030. It predicts China will remain the most

(Bloomberg) -- JPMorgan Chase & Co.’s analysts raised their price targets for BYD Co. by more than 80% on expectations the Chinese automaker will deliver 6 million vehicles globally in the next two years.Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatHurricane Beryl Makes a Mockery of Texas Climate DeniersMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidThe End of the Cheap Money Era Catches Up to Chelsea FC’s OwnerAsia’s Richest Banker Ge

Tesla's U.S. market share for electric vehicles dropped below 50 percent, with competitors gaining ground. Meanwhile, China's BYD plans a $1 billion car factory in Turkey. Bill Ackman is raising up to $20 billion for a new fund with lower fees and Volkswagen might close Audi's Brussels plant due to declining luxury EV demand. All this and more on this edition of World Street. Fed Chair testifiesFederal Reserve Chair Jerome Powell told lawmakers...