Etiqueta: Germany

Global attendees at the ongoing 23rd Guangzhou International Automobile Exhibition expressed excitem

German automaker is seeking to reclaim share in the world’s biggest market

Tesla has seen its sales in Europe collapse by nearly 50% in October 2025, while Chinese rival BYD surged ahead, solidifying its growing dominance in the region.

The two countries remain bound by a vast and mutually advantageous commercial relationship. Read more at straitstimes.com. Read more at straitstimes.com.

BYD is currently considering Portugal for its third European factory, as part of the automaker’s strategy to produce locally and avoid tariffs on vehicles imported from China.

China autos hit peak sales and low profits as BYD faces costly product refresh, global expansion, and valuation concerns. See why BYDDF stock is a sell.

BYD’s European Regional Managing Director Maria Grazia Davino said on Wednesday that the Chinese automaker is planning a major expansion across Europe next year.

The new plant will join the company’s other Hungarian facility, located in Komárom. Last year, BYD sold more than 4.27 million electric vehicles worldwide, becoming the world’s best-selling EV brand.

The transatlantic automaker says its Chinese partner Leapmotor is selling more electric vehicles in Europe’s biggest EV market.

Yangwang is one of China's lesser-known car brands, internationally recognised mainly for setting a recent world speed record for production cars. Now the BYD-owned marque is planning a European launch for its high-end U8 electric SUV, which can even float on water.