Etiqueta: import

Chinese electric vehicle giant BYD is set to launch its first assembly plant in Brazil this month, a strategic move to localize production and counter rising

Chinese EV giant BYD Co. Ltd. is expected to begin local EV assembly this month with a new plant in Brazil, following a strategic shift due to increasing import duties. In Bahia state and on the site of a decommissioned Ford factory, the new facility will help BYD cut down on imported vehicles and…

SAO PAULO (Reuters) -China's BYD is poised to start assembling electric vehicles at a new factory in Brazil as early as this month, a top executive said, reducing imports as tariffs start to rise in its largest foreign market. Alexandre Baldy, senior vice president for BYD in Brazil, said the goal is to assemble 50,000 cars this year at the plant in Bahia state from imported kits, adding that he is negotiating a lower tax rate on those vehicles. BYD had sent a surge of finished cars into Brazil this year to take advantage of temporarily lower tariffs, shipping some 22,000 from China in the first five months, according to Reuters calculations.

When word spread last winter that BYD was scouting central Mexico for a multibillion-dollar factory, governors from Coahuila to Querétaro rolled out the red

If there's one thing we know about Chinese manufacturing, it's how cheaply everything's produced compared to the U.S. The automotive sector is no exception.

Hyper-competition in China's electric vehicle sector is spilling over to its biggest market in Asia, Thailand, as smaller players struggle to compete with dominant BYD , putting ambitious local production plans at risk.

The technical part of negotiations between China and the European Union on electric vehicles (EVs) has been largely completed, a social media account linked to China Central Television said in a po…

Tesla vs. BYD is no longer a race on EV sales, including BEV-only. Elon Musk has bet all on robotaxis, but can the Austin effort scale up?

BYD said it still plans to grow in North and South America, but it doesn’t know when.

BYD has canceled plans for a major electric vehicle factory in Mexico, citing uncertainty around US trade policies and rising tariffs on Mexico-made cars. The Chinese EV maker is expanding elsewhere, including in Brazil, where it faces labor violations. BYD remains focused on long-term international growth despite these setbacks