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BYD to invest $94 million to triple electric bus output in Hungary

BYD to invest $94 million to triple electric bus output in...

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BUDAPEST (Reuters) -Chinese automaker BYD will invest 32 billion forints ($94 million) in a new plant in the northern Hungarian town of Komarom, tripling its annual capacity to 1,250 electric buses and trucks, Hungarian Foreign Minister Peter Szijjarto said. Under right-wing Prime Minister Viktor Orban, Hungary has become an important trade and investment partner for China, in contrast with some other European Union nations considering becoming less dependent on the world's second-largest economy. "We Hungarians do not consider East-West cooperation a threat, but rather an opportunity, a big opportunity," Szijjarto was quoted as saying on Friday, adding that the government would support the project with a 3.1 billion forint grant.
BYD Brings Another Major Investment to Hungary

BYD Brings Another Major Investment to Hungary

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Chinese company BYD is set to construct a new electric bus plant in Komárom, Hungary, representing an investment of HUF 32 billion.
BYD’s Atto 3 Hits 1 Million Sales—And It’s Just Getting Started

BYD’s Atto 3 Hits 1 Million Sales—And It’s Just Getting Started

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BYD announced that global sales of the Atto 3 electric SUV topped 1 million units. In China, it is sold as the "Yuan Up." Atto 3 is the third BYD Dynasty series model to reach this milestone, following the Qin and Song. It reached the mark just over three years after launching in February 2022. The Atto 3 compact electric SUV offers two LFP battery...
Xiaomi YU7 reach 240,000 lock-in orders in 18 hours

Xiaomi YU7 reach 240,000 lock-in orders in 18 hours

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Xiaomi broke the Chinese internet again.

The post Xiaomi YU7 reach 240,000 lock-in orders in 18 hours appeared first on CarNewsChina.com.

Geely’s Lynk & Co 10 EM-P plug-in hybrid sedan breaks cover in China with 523 hp

Geely’s Lynk & Co 10 EM-P plug-in hybrid sedan breaks cover...

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The Lynk & Co 10 EM-P plug-in hybrid sedan from Geely breaks cover in official images ahead of the official launch in China.

The post Geely’s Lynk & Co 10 EM-P plug-in hybrid sedan breaks cover in China with 523 hp appeared first on CarNewsChina.com.

BYD Cuts Production Amid Rising Inventory and Sluggish Demand

BYD Cuts Production Amid Rising Inventory and Sluggish Demand

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Multiple sources have reported that BYD has recently halted night shifts at some domestic factories, cut production by over one-third, and put expansion plans for at least four new production lines on hold. Having grown into the world's largest EV manufacturer thanks to a rapid surge in sales, BYD now faces real-world challenges, including sluggish...
Xiaomi YU7 SUV got over 289,000 orders in 60 minutes, sparks scalper chaos

Xiaomi YU7 SUV got over 289,000 orders in 60 minutes, sparks...

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The YU7’s explosive launch pushes Xiaomi into the spotlight, but scalping and marketing tactics raise concerns.

The post Xiaomi YU7 SUV got over 289,000 orders in 60 minutes, sparks scalper chaos appeared first on CarNewsChina.com.

Europcar UK boosts plug-in fleet with BYD Seal U family SUV

Europcar UK boosts plug-in fleet with BYD Seal U family SUV

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Committed to providing motorists with a wide range of low and zero tail-pipe emissions options to smooth the transition to greener mobility, Europcar Mobility Group UK has added the BYD Seal U DM-i Plug-in Hybrid Electric vehicle (PHEV) to its fleet.
Tesla Robotaxis go rogue? Elon Musk’s venture hits road bumps in Austin as BYD zooms past in Europe

Tesla Robotaxis go rogue? Elon Musk’s venture hits road bumps in...

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Teslas new Robotaxi pilot in Austin was meant to be a smooth first chapter in the companys self-driving revolution. But just days into its rollout, users and watchers have documented at least 11 strange and sometimes alarming incidents. From wrong-lane driving to mid-road stops and unexpected curb hops, Elon Musks camera-only AI fleet is under close watch by regulators and residents alike. The rides are human-monitored, invite-only, and hailed via app—for now, this taxi service is part test run, part tech experiment.