Etiqueta: Europe

The MD of Al-Futtaim Electric Mobility Company shares valuable insights into the growing popularity of BYD in the UAE and Saudi Arabia

The days of calling BYD a “Buffett-backed” company may soon be coming to a close.

Forvia and BYD to bring Asian partnership to Europe

The world's seventh largest car parts supplier Forvia will bring its partnership with Chinese battery specialist and car maker BYD to Europe, it said on Tuesday. Forvia said the two companies will operate together in BYD's new factory in Hungary, as an extension of their current partnership in Asia. "Our collaboration has already resulted in significant achievements in Asia, and we are confident that this expansion will drive further innovation and growth in the European market," Forvia's CEO Patrick Koller said in a statement.

When certain politicians in the United Kingdom were trying to persuade their fellow citizens to vote to leave the European Union, an argument I don’t remember ever hearing was that Brexit would make it easier for Chinese carmakers to expand their reach in the country. After spending a week with the nation’s most fervent car […]

“China has yet to create a single international marquee of its own that is universally recognised and respected. It is time for Chinese carmakers to upend the order of the global automotive industry and chart a course into a new vast territory.”

Türkiye that has a well-developed automotive industry aims to position itself as a center of R&D for automakers, especially for Chinese companies.

Chinese car manufacturer BYD continues international expansion, plans new factory in Turkey.

A Thai investigation into discounts from BYD Company will continue despite a cash-back program by its distributor, Rever Automotive. Thai consumers, feeling overcharged for their EVs, prompted the ongoing probe.

BYD continues to focus on diversifying its range of electrified models in Europe, and in this sense, it is preparing to launch three new plug-in hybrids and three electric vehicles in 2025. The Chinese company, which ranked second in global electric vehicle sales at the end of the second quarter, continues to grow in the […]