Etiqueta: Ford

Brazil’s President Luiz Inácio Lula da Silva has made an unusually public endorsement of a Chinese automaker. On October 9, Lula became the owner of a BYD Song Pro SUV, the company’s 14 millionth new energy vehicle. He also released a speech urging Brazilians to buy BYD cars, and videos ...

BYD’s European EV Invasion – Boom in Sales but Stock Takes a Hit! - TechStock²

Chinese auto giant BYD inaugurated its largest factory outside of Asia in the central Brazilian coastal city of Camaçari late last week. President Luiz Inácio Lula da Silva was there to mark the occasion that also coincided with BYD’s 14 millionth new energy vehicle coming off the assembly line. The new factory was built on the ...

CATL and BYD dominate global EV battery market in 2025 with 37.5% and 50.3% growth rates respectively. LG Energy Solutions ranks third.

From January to July 2025, China’s passenger vehicle exports reflected a global landscape defined by diversification, electrification, and deeper regional integration.

At an event at their new factory in Bahia, Brazil, BYD Chairman Wang Chaunfu personally delivered its 14 Millionth NEV (BEV and PHEV) to Brazilian President Lula da Silva. The new BYD factory replaces a former Ford plant on the same site that closed several years ago. Local politicians praised the plant for rejuvenating the economy, providing both direct jobs and indirect benefits to local businesses.The vehicle delivered to Lula was a special edition Song Pro DM-I, manufactured at the plant. The vehicle is currently produced alongside the Seagull and King (aka, Chaser 05, Seal 5). Thirty of these vehicles will be provided for the November COP30 UN Climate Change Conference in the Amazonian city of Belém. After the event, the vehicles will be donated.

September saw plugin EVs take 35.5% share of the UK auto market, up from 29.4% year-on-year. BEVs grew in volume by 29% YoY, PHEVs grew 56%.

Brazilian President Luiz Inácio Lula da Silva attended the inauguration ceremony and became the registered owner of the vehicle.

Built on a former Ford site, BYD’s Bahia plant is expected to create 20,000 jobs and cement its 74 per cent share of Brazil’s EV market.