Etiqueta: Europe

BYD will delay mass production at its Hungarian EV plant until 2026 and will operate the plant below capacity for at least the first 2 years, according to Reuters.

Chinese giant BYD has delayed the start of mass production in its first passenger vehicle plant in Europe to 2026, Reuters reported on Tuesday, citing two sources familiar with the matter.

At the same time, China's No. 1 automaker will start making cars earlier than expected at a new plant in Turkey where labour costs are lower, and will vastly exceed its announced production plans, one of the sources said. Shifting production away from Hungary in favour of Turkey would be a setback for the European Union, which has been hoping that its tariffs on EVs made in China would bring in Chinese investments and well-paid manufacturing jobs.

BYD is set to be the first Chinese automaker to enter the ultra-premium car segment in Europe with the launch of its Yangwang-branded vehicles, which will

In a landmark moment for Brazil’s automotive industry, the first fully electric vehicle from BYD has officially rolled off the production line in Camaçari, Bahia. The model—known internationally as the Dolphin Mini and also referred to as the Seagull in China or Dolphin Surf in Europe—has quickly become one of the most popular electric cars Machine Maker - Latest Manufacturing News | Indian Manufacturing News - Latest Manufacturing News | Indian Manufacturing News - Machine Maker

Company EVP Stella Li pledges to create more than 5,000 jobs in Britain through dealerships by next year

Ferrari and Porsche will soon have company. BYD just confirmed plans to launch Yangwang, its ultra-luxury EV brand, in Europe....

Chinese giant BYD announced on Monday that its luxury brand Yangwang will be expanding to Europe, becoming the first Chinese automaker to enter the top-tier luxury segment in the continent.

Ford EV rival BYD is poised to outsell Tesla globally in 2025, the latest of several automakers that the company will pass as its rapid expansion continues.

This morning we're looking at Stellantis' multi-billion-dollar 2025 losses, as well as BYD's stagnation.