Etiqueta: Europe

China’s BYD beat estimates after sales topped the $100 billion mark for the first time last year. Even with lower-priced...

The Chinese EV giant beat Tesla in revenue, unveiled breakthrough tech, and is gearing up for global domination.

BYD European expansion accelerates as the automaker partners with Italian suppliers and builds its first passenger-car plant in Hungary.

Chinese carmaker BYD saw a surge in revenue last year, surpassing the $100 billion mark and beating rival Tesla as the electric vehicle giant accelerates its overseas expansion.That figure eclipsed the $97.7 billion in revenue last year announced previously by Tesla.

European Commission targets BYD suspecting unfair financial help from China's government for the electric-vehicle automaker's Hungary plant being constructed with imported Chinese labor.

Results come after Tesla’s EV rival announces five-minute charging system

UK is a "very high priority" as a market but won't host a plant due to insufficient labour

BYD has launched four pure electric models and one hybrid model in Serbia.

Chinese carmaker BYD on Thursday vowed to conquer Europe with a new compact electric model and super-fast charging capability to rival continental brands.The European Union has imposed a 17-percent tariff on Chinese electric vehicles to make up for Chinese state subsidies.

Localisation work will be carried out in the UK says BYD boss Stella Li, with factories in Hungary and Turkey