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Exclusive-BYD considers Germany for third plant in Europe

Exclusive-BYD considers Germany for third plant in Europe

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Chinese electric vehicle giant BYD is considering Germany for a possible third assembly plant in Europe, a source familiar with the matter told Reuters, after the region's biggest economy and car market opposed EU tariffs on China-made EVs last year. Chinese carmakers are looking to set up manufacturing and assembly plants in Europe as they seek to sell more lower-cost cars in the region to challenge European competitors as demand slows in China, the world's largest car market. Executive vice-president Stella Li said in an interview earlier this month with Automobilwoche that BYD was considering a third facility to serve the European market in the next two years - in addition to the two it is building in Hungary and Turkey - but she did not say where.
BYD Eyes Germany For Its Third European Assembly Plant

BYD Eyes Germany For Its Third European Assembly Plant

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Chinese electric vehicle giant BYD is contemplating the establishment of its third assembly plant for new energy vehicles (NEVs) in Germany. This consideration…
Chinese Automaker BYD to Raise $5.6 Billion Via Share Placement

Chinese Automaker BYD to Raise $5.6 Billion Via Share Placement

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The Chinese automaker plans to raise $5.6 billion via a share placement to enhance investments in cutting-edge technology and strengthen its competitive edge over rival Tesla.
Did no one think this could happen? Tesla collapses in Europe, and BYD is behind it

Did no one think this could happen? Tesla collapses in Europe,...

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Tesla's 45% sales drop in Europe reveals intense competition from BYD and European brands. Learn about factors behind Tesla's decline in the European EV market.
BYD charges around 30,000 euros for Atto 2 in first EU countries

BYD charges around 30,000 euros for Atto 2 in first EU...

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BYD has activated the configurator for the Atto 2 in two European countries: In the Netherlands and France, it is priced at around 30,000 euros. However,
BYD to launch Atto 2 compact SUV in France, starting at $30,440

BYD to launch Atto 2 compact SUV in France, starting at...

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The compact SUV was presented on Tuesday at the La Défense Arena in Paris.
Chinese electric automaker BYD will launch compact SUV in France at 28,990 euros

Chinese electric automaker BYD will launch compact SUV in France at...

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BYD will launch its new electric compact SUV in France at a starting price of 28,990 euros , said the director of BYD's sales network in France. The car, named Atto 2, is the group's...

How to build and fund a better EU green industrial policy

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The EU should revamp its industrial policy for clean technologies not to cede leadership in clean tech manufacturing to China as Trump's America backtracks from decarbonisation goals.
Xpeng aims to sell 3,500 cars in France through 70 dealerships in 2025

Xpeng aims to sell 3,500 cars in France through 70 dealerships...

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"The goal is to have an Xpeng point of sale less than an hour from home anywhere in France"

The post Xpeng aims to sell 3,500 cars in France through 70 dealerships in 2025 appeared first on CarNewsChina.com.

Policy changes shake up global EV market while China speeds ahead...

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Read our outlook on the EV market for 2025, including insights into how increasing production in China will shape the industry.