Etiqueta: Indonesia

Uncover the potential impact of Trump's second presidency on China’s electric vehicle and battery industry, according to market participants

BYD Korea will roll out its electric sedans early next year, aiming to expand its sales portfolio beyond commercial vehicles here, the Chinese carmaker said Wednesday.

New research has found that proposed tariffs put forward by US Presidential Candidate Donald Trump would hit the American economy and could hinder action on climate change.

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

ASEAN stands for The Association of Southeast Asian Nations, inclusive of Indonesia, Vietnam, Laos, Brunei, Thailand, Myanmar, the Philippines, Cambodia, Singapore, and Malaysia.

According to GlobalData, BYD Auto has the potential to grow into one of the top ten best-selling brands in the region, but faces challenges.

Given BYD's aggressive expansion, strong sales momentum, and continuous innovation in battery technology, AI-driven models forecast a realistic stock price target of $70 to $75 by the end of 2024.

BYD is updating its Seal lineup in China with a new 800V platform, and a LiDAR sensor to improve driver assistance systems and battery options. it will also introduce a plug-in hybrid variant. The BYD Seal will be the first vehicle to use the new e-Platform 3.0 Evo architecture.

Blocked from the United States, Chinese EV makers set their sights on Southeast Asia. A Chinese automaker already surpassed Tesla as the world's biggest seller of electric vehicles.

Toyota’s global sales fell over 5% last month, partly driven by the impact of BYD’s price cuts in key markets...