Etiqueta: Germany

BYD shares jumped on Tuesday after the company announced a new technology that allows electric cars to be charged at a far faster rate than what rivals offer.

BYD shares jumped on Tuesday after the company announced a new technology that allows electric cars to be charged at a far faster rate than what rivals offer.

BYD has introduced a groundbreaking charging system that rivals the speed of refueling a gasoline car. Chairman Wang Chuanfu announced that in tests, the new system charged the Han L model with 292 miles of range in just five minutes.

After dominating in China, BYD is making an aggressive push into Europe. With another EV plant reportedly coming soon, this...

Warren Buffett-backed BYD is considering building a third EV assembly plant in Germany to boost sales and tackle EU tariffs.

Chinese new electric vehicle (NEV) maker BYD Co. ($BYDDF) is considering Germany as the location for setting up its third European auto assembly plant. The fi...

Explore BYD's strategic plans to establish its third European assembly plant in Germany amid EU tariff challenges. Learn how the company aims to increase its market share by focusing on local manufacturing and hybrid technology.

BYD is considering setting up its third European car assembly plant in Germany as it looks to build brand awareness among European customers as a local manufacturer, according to Reuters.

This comes after Germany, Europe’s largest economy and car market, opposed EU tariffs on China-made EVs last year. Chinese carmakers are lookin...

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.