Etiqueta: exports

US tariffs are failing to halt the rise of cars from the Asian giant, especially in emerging markets, and could even accelerate it

Hong Kong (CNN) — In the world of electric vehicles, there’s a Chinese company outdoing Elon Musk’s Tesla. And it’s just getting started.BYD, the Shenzhen-based ChineseRead More

No one wins in a trade war, as economists have insisted for decades. Yet Elon Musk sure does seem to be blowing this maxim to smithereens. In January

BYD’s technological advances show where the centre of innovation now lies

Chinese auto giant BYD has emerged as the largest EV maker, and the six largest automaker overall, by vehicle sales. Three decades ago, it began as a battery manufacturer

Tesla's Chinese competitor BYD recorded a 73 per cent jump in fourth-quarter profit on Monday and said its annual revenue for 2024 crossed the $100 billion US mark, surpassing the U.S. automaker.

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

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.

Beijing is concerned US proximity could lead to leakage of key smart car technology used by Tesla’s main rival

The Chinese EV maker touted charging speeds of 1,000 kW.