Etiqueta: exports

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

BYD's investment decision in Turkiye will also impact other Chinese brands. OSD President Cengiz Eroldu stated that Turkiye's total automotive capacity will reach 2.3 million units with BYD's new $1 billion investment, adding 150 thousand vehicles in Manisa. He remarked, "Other players may follow BYD."

BYD recently marked two significant milestones: the inauguration of its Thailand plant and the production of its 8 millionth new energy vehicle. The event

13 BYD dealerships will open in Vietnam on Saturday and the carmaker hopes to boost that to about 100 by 2026, but a decision on a local plant is yet to be made

An EU duty on electric cars from China overstates the problem and will do more harm than good

As the global automotive industry rapidly electrifies, China’s consolidation of electric vehicle supply chains has caused geopolitical tensions. This has led both the United States and European Union to raise import tariffs on Chinese EVs – risking a possible trade war. This DGAP Policy Brief compares the approaches of the US and EU and recommends how Germany can support the EU’s position while ensuring fair competition for its automotive industry.

Cambodia's Prime Minister met with BYD's general manager of the Asia Pacific auto sales head, saying BYD's plant in Cambodia will supply the local market and exports to international markets.

PHNOM PENH, July 15, 2024 — In a significant development for Cambodia’s automotive industry, Liu Xueliang, the Director of BYD Asia Pacific Auto Sales Division, met with local officials at the Peace Palace to discuss the establishment of an electric vehicle assembly plant in Cambodia.

BYD's flexible pricing strategy, expansion into new markets, and development of luxury and plug-in hybrid vehicles position it for long-term success. See more here.

Chinese automotive giant BYD’s recent investment in Türkiye will encourage more Chinese manufacturers to invest in the country, the Chief Executive...