Etiqueta: Industry

BYD’s $2.5B investment will boost Turkey’s auto industry and target $30B in global investments by 2030 says Minister Kacir

Boyd Gaming Corporation ( NYSE:BYD ), is not the largest company out there, but it saw a decent share price growth of...

The Fang Cheng Bao Bao 8 from BYD has up to 100 km of electric range. It can enter Europe as part of the Denza brand.

South Korean officials met on Monday to discuss electric vehicle safety and whether to require car firms to disclose battery brands amid growing consumer concern after an EV blaze in an underground garage extensively damaged an apartment block. The fire on Aug. 1, which appeared to start spontaneously in a Mercedes-Benz EV parked below a residential building, took eight hours to put out, destroying or damaging about 140 cars and forcing some residents to move to shelters. On Tuesday, transport ministry officials will hold talks with automakers, including Hyundai Motor Group, Mercedes-Benz Korea and Volkswagen Group Korea, to discuss the proposal to disclose battery brands used in EVs, media reports said.

Audi presented a new sub-brand for electric cars in China - and unveiled the first representative with the advertised AUDI label. The manufacturer's classic four-ring logo is nowhere to be seen on the concept car. The production-ready debut model of the new Chinese brand is due to launch in 2025.…

In July 2024, BYD achieved a significant milestone by setting a new record for new energy vehicle (NEV) sales. The company sold 342,383 NEVs, marking a robust 30% increase from the previous year. This impressive performance underscores BYD’s growing dominance in the global electric vehicle market. However, as BYD seeks to broaden its reach into the...

Industry executives and lobbyists called for more certainty and less drastic shifts in EV policies and regulations between administrations ahead of the Nov. 5 presidential election.

Tariffs on Chinese electric vehicles (EV) will likely boost investments in new European factories, which is good news but could also undermine Europe’s industrial base, to address this challenge the EU needs to strengthen and unify its investment rules, writes Tobias Gehrke.