Etiqueta: Europe

One day after BYD (BYDDY) overtook Tesla’s (TSLA) market share in Europe, the Chinese EV maker and two of its contractors were sued by the Brazilian government for subjecting 220 Chinese workers in the South American country to “slavery-like conditions.”

From Europe’s Chinese EV investment dilemma to makers racing to develop flying cars, here are seven EV stories you may have missed.

The labour prosecutors' office in Bahia state are seeking 257 million Brazilian reais ($45.5m; £33.7m) in damages from BYD and two contractors.

The world’s leading electric vehicle (EV) maker is rapidly expanding overseas. After taking control of vehicle sales in Germany last...

China’s electric vehicle (EV) giant BYD Co. has ignited a fresh wave of competition in the world’s largest auto market by slashing prices by up to 34% on 22 electric and plug-in hybrid models.

In April, Tesla sold 7,261 vehicles in the European Union, European Free Trade Association, and U.K., a 49% year-over-year decline.

The BYD Dolphin Surf is a subcompact electric hatchback. It is called Dolphin Mini in other export markets, including Mexico.

BYD’s fresh price cuts have reignited China’s fierce EV price war, sending stocks of major local automakers tumbling.

Introduction Tesla vs. BYD Electric Car Statistics: In recent years, the Electric car segment has witnessed enormous growth over the last few decades, and

Shares of BYD plunged following steep discounts across several models, stoking fears of a renewed price war in China’s EV market. However, the Chinese automaker is still expected to maintain robust growth, particularly against global rival Tesla.