Etiqueta: Europe

China’s Commerce Minister Wang Wentao met with Roberto Vavassori, president of the Italian Association of the automotive industry, in Italy on Saturday to discuss the European Commission (EC)’s tariff against Chinese electric vehicles (EVs) and cooperation between China and Italy in the EV sector, the Ministry of Commerce (MOFCOM) said on Sunday.

This car that went viral on social media is not from any country in America or Europe but from China. Yes, this car is the YangWang U8 SUV of YangWang, the

BYD is waiting to see if former President Donald Trump or Vice President Kamala Harris wins the US election before...

We recently published a list of 10 Best Sports Betting Stocks to Buy Now. In this article, we are going to take a look at where Boyd Gaming Corporation (NYSE:BYD) stands against the other sports betting stocks. A U.S. Supreme Court decision in 2018 set off a sports betting boom that legalized wagering in 38 states […]

The move comes as Chinese EV manufacturers such as BYD and SAIC Motor Corp.’s MG brand struggle to expand in Europe.

China’s BYD has announced its acquisition of German distributor Hedin Electric Mobility, a move aimed at strengthening its position as a major electric vehicle (EV) player in Europe. BYD and Hedin revealed the news on 30 August, according to Reuters. Under the deal, BYD Automotive GmbH will assume responsibility for the sales activities of BYD…

Chinese electric car giant BYD sold a record number of passenger vehicles in August, with sales of hybrids growing faster than those of battery-only cars.

Chinese electric vehicle (EV) maker BYD announced it will buy Hedin Electric Mobility (HEM), one of the companies that distributes its EVs in Germany, as part of the Chinese company's attempts at building a stronger presence in Europe. According to the agreement, BYD will take over sales of vehicles and parts in Germany, as well as management of BYD stores in Stuttgart and Frankfurt. Buying HEM will give BYD greater control of sales in Europe's largest auto market (2023 sales: 2.85 million) where the company sold a little over 4,000 vehicles last year.

BYD to buy Hedin Electric Mobility, gaining more control over sales in Germany.