Etiqueta: exports

BYD Auto ($BYDDY) became the world’s largest electric vehicle (EV) producer in 2023, a position it didn’t hold for long. It’s a company that is certainly weighed do...

There may be no more important question for the West’s competitive position in advanced industries than whether China is becoming a rival innovator. While the evidence suggests it hasn’t yet taken the overall lead, it has pulled ahead in certain areas, and in many others Chinese firms will likely equal or surpass Western firms within a decade or so.

With sales valued at more than 15.1 billion euros, Morocco surpassed the 13.6 billion euros generated by China

Moscow has been exercising its greater security authority by beefing up its tactical vehicle fleet this summer.

The Government of Canada is imposing a 100% tariff on all imported Chinese-made electric vehicles (EVs) beginning October 1 this year, one of four measures the country has announced this week to address unfair international competition.

Canada, following the lead of the United States and European Union, said on Monday it would impose a 100% tariff on imports of Chinese electric vehicles and announced a 25% tariff on imported steel and aluminum from China.

BYD’s rapid ascent in the automotive rankings is particularly notable as many leading global automakers, including industry giants like Toyota Motor and Volkswagen Group, experienced declines in the same period

(Bloomberg) -- Short-sellers are losing conviction on bets against BYD Co. shares, which may continue to outperform other Chinese electric-vehicle stocks if its results next week are as good as expected.Most Read from BloombergChicago's Migrant Surge Is Stirring Trouble for Democrats in DNC Host CityUK Transport Minister Clears Path for More 20mph Speed ZonesWith Self-Driving Vans, Hamburg Tries to Make Microtransit WorkThe Serious Work That Free Play Can DoShort interest in BYD’s Hong Kong-list

BYD’s $2.5B investment will boost Turkey’s auto industry and target $30B in global investments by 2030 says Minister Kacir

In July 2024, BYD achieved a significant milestone by setting a new record for new energy vehicle (NEV) sales. The company sold 342,383 NEVs, marking a robust 30% increase from the previous year. This impressive performance underscores BYD’s growing dominance in the global electric vehicle market. However, as BYD seeks to broaden its reach into the...