Etiqueta: Industry

As BYD prepares to enter South Koreas EV market in 2025, Kia and Hyundai show no signs of concern. Experts highlight that tariffs, subsidy issues, and local consumer preferences make it challenging for BYD to compete with...

BYD launches three different blade batteries for use in construction machinery. The aim is to reduce carbon footprint of the industry.

BEIJING, Nov 25 (Reuters) - China's electric vehicle giant BYD (002594.SZ), said it will launch a new generation of blade batteries in 2025

Ridesharing company Uber and carmaker BYD are working on getting EVs on the road. The focus is now on South Africa as part of a pilot programme that will see Uber launch BYD electric vehicles on the streets of Johannesburg in 2025.

BYD plans to launch passenger EVs in 2025, but insiders say it’s unlikely to sway local buyers.

“This is sort of a good thing for the reputation of Chinese-made cars in Europe over the long term,” said Paul Gong, head of China auto research at UBS.

The Sheinbaum administration’s relations with the Asian giant, particularly in the auto industry, is straining Mexico’s ties with its North American partners ahead of the 2026 USMCA review

The $7,500 tax credit requires EVs to source battery materials outside China. Cutting it could undermine investment in the U.S. battery supply chain.

A total of 1,171 vehicles were on display at the 2024 Guangzhou auto show, of which 512 were NEVs, with NEVs on display in almost all booths.