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China's BYD eyes Germany for potential third EV plant in Europe

China’s BYD eyes Germany for potential third EV plant in Europe

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This comes after Germany, Europe’s largest economy and car market, opposed EU tariffs on China-made EVs last year. Chinese carmakers are lookin...
Exclusive-BYD considers Germany for third plant in Europe

Exclusive-BYD considers Germany for third plant in Europe

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Chinese electric vehicle giant BYD is considering Germany for a possible third assembly plant in Europe, a source familiar with the matter told Reuters, after the region's biggest economy and car market opposed EU tariffs on China-made EVs last year. Chinese carmakers are looking to set up manufacturing and assembly plants in Europe as they seek to sell more lower-cost cars in the region to challenge European competitors as demand slows in China, the world's largest car market. Executive vice-president Stella Li said in an interview earlier this month with Automobilwoche that BYD was considering a third facility to serve the European market in the next two years - in addition to the two it is building in Hungary and Turkey - but she did not say where.
Byd Aims For Plant In Western Europe, But Not Consid…

Byd Aims For Plant In Western Europe, But Not Consid…

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EXCLUSIVE - BYD AIMS FOR PLANT IN WESTERN EUROPE, BUT NOT CONSIDERING COUNTRIES WHICH SUPPORTED EU TARIFFS ON CHINESE EVS - SOURCE ...
BYD's 5th car carrier BYD Changsha to be launched soon

BYD’s 5th car carrier BYD Changsha to be launched soon

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BYD Changsha is the fifth in BYD's vessel fleet and its second car carrier with a capacity of 9,200 vehicles.

Far From Normal: An Augmented Assessment of China’s State Support

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About this paper Far From Normal is a Rhodium Group occasional paper written to share views and elicit discussion. The analysis consolidates years of piecemeal work by the authors on China’s economic…
BYD Eyes Germany For Its Third European Assembly Plant

BYD Eyes Germany For Its Third European Assembly Plant

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Chinese electric vehicle giant BYD is contemplating the establishment of its third assembly plant for new energy vehicles (NEVs) in Germany. This consideration…

Its car profits down, Volkswagen has a new idea: Tanks

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Volkswagen is considering a shift towards military production as its auto business faces challenges, including high costs and declining profits. CEO Oliver Blume stated the company is open to exploring military vehicle production. This move comes amid increased European military spending and Volkswagen's need to support its struggling business. Potential collaborations with defence companies like Rheinmetall are being discussed.
BYD signs deal to build energy storage project with capacity of up to 1.6 GWh in Poland

BYD signs deal to build energy storage project with capacity of...

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BYD's energy storage unit has signed an agreement with Poland's Greenvolt Power to develop a battery energy storage system project in the European country.

VW sold more sausages than cars last year

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The group sold more currywurst units than cars as profits after tax fell 30 per cent