Etiqueta: Germany

Chinese electric carmaker BYD expects to boost sales in Germany within six months, executive vice president Stella Li said in an interview published on Saturday, ac...

The EU needs to reassess its development strategy for the automotive manufacturing industry.

The theme at the Paris Auto Show this year is lower priced electric cars that can compete with low cost offerings from Chinese manufacturers.

China's BYD expects to swiftly lift sales in Germany, executive tells FAS

Chinese electric carmaker BYD expects to boost sales in Germany within six months, executive vice president Stella Li said in an interview published on Saturday. BYD would gain a foothold in Germany in "less than half a year," Li told the Frankfurter Allgemeine Sonntagszeitung (FAS) newspaper. She criticised European Union tariffs on China-made electric vehicles (EVs) from next month, which Germany had opposed, as a loss for the consumer, adding BYD would start producing cars by the end of 2025 in Hungary.

BYD Co., China’s bestselling car brand, may initially offer electric vehicles in Germany for between €25,000 ($27,340) and €30,000, Executive Vice President Stella Li said in a newspaper interview.

Germany was one of five EU member states to oppose the introduction of EU tariffs on Chinese electric vehicles. What does this move say about Germany’s and Europe’s strategies toward Beijing?

(By Taylor and Maurizio, with the collaboration of Maximiliano Mauvecin). In a more internal and competitive analysis, Alibaba, a giant that if it were in the USA, Ireland, Germany, El Salvador, or any free country, could today be among the top 3 strongest companies in the world. E-commerce is advancing rapidly, and Alibaba Group Holding Limited has become an iconic name. However, the recent turbulence in its finances and market performance has raised concerns among investors and analysts. As the company faces significant operational challenges, from the slowdown of e-commerce in China to uncertainty in its international expansion strategy, it is crucial to understand the current context and future implications for this giant of digital commerce.

German Chancellor Olaf Scholz's rejection of EU tariffs on Chinese electric vehicles failed to stop fellow European Union members voting in favour, exposing how a divided Berlin is struggling to drive EU policy.

In response to the trade war, the Asian giant is investing billions of dollars abroad in plants, especially in industries linked to the energy transition