Etiqueta: Europe

General Motors, which led the way among U.S. automakers to convert its fleet to EVs, warned more hits may be ahead as it adjusts under a new administration.

U.K. sales jump 880% to 11,271 last month

Although Tesla (NASDAQ: TSLA) has been a driving force in the electric vehicle market for many years, China's BYD is making an aggressive bid for the top spot, according to CNBC's Squawk Box Asia. In fact, BYD wants to take more than just the EV ...

BYD launches biofuel tech hybrid in Brazil.

China's top automaker BYD is considering Spain as the leading candidate for its third European car plant, a report said on Tuesday, as the company...

Spain has emerged as a go-to destination for NEV production following the government commitment of €5bn in funds in 2020. By Stewart Burnett

BYD favors Spain for its relatively low manufacturing costs and clean energy network, Reuters reported.

Chinese biggest new energy vehicle maker BYD introduced another global breakthrough in powertrain technology: the first Super Hybrid vehicle with biofuel compatibility.

The new assembly plant would join BYD’s planned factories in Hungary and Türkiye, strengthening its foothold in Europe and supporting Spain...

A BYD assembly plant, joining two other planned factories in Hungary and Turkey, would be a significant boost for the carmaker that competes with Tesla, and would also bolster Spain's aim of becoming a major hub for electric vehicle production. One of the sources said Spain is favoured by BYD because of its relatively low manufacturing costs and clean energy network. While it is known that BYD has been looking for a third plant to serve the European market, Spain's emergence as a frontrunner has been previously unreported.