Etiqueta: Europe

Tariffs on Chinese electric vehicles (EV) will likely boost investments in new European factories, which is good news but could also undermine Europe’s industrial base, to address this challenge the EU needs to strengthen and unify its investment rules, writes Tobias Gehrke.

Chinese automaker BYD set a new sales record in July, and plans to sell cars in Canada despite expected 100% tariffs, on top of already selling in Mexico.

Blocked from the United States, Chinese EV makers set their sights on Southeast Asia. A Chinese automaker already surpassed Tesla as the world's biggest seller of electric vehicles.

Uber and BYD Agree Global BEV Ride-Hail Agreement

Companies also agree to collaborate on future BYD autonomous-capable vehicles to be deployed on the Uber platform.

BYD, China's leading electric vehicle (EV) maker, and Uber unveiled a multi-year strategic partnership on Wednesday, planning to integrate 100,000 new BYD EVs into the US ride-hailing giant's global fleet and collaborate on future BYD vehicles with autonomous capabilities, according to an announcement released by BYD on Thursday.

BYD set a new sales record last month with over 342,000 new energy vehicles (NEVs) sold. Although BYD’s EV sales...

No timeline yet, but drivers beware: Plans include collaboration on autonomous-capable vehicles

BYD continues to inch closer to the U.S. market and the latest move is with Uber.

The tie-up is expected to expand in the future to include the Middle East, Australia and New Zealand.