Etiqueta: Industry

In a draft regulation, the Beijing government is promising support for autonomous driving tech and greater use of collected user and mapping data.

China’s BYD is leading a pack of electric vehicle (EV) manufactur­ers that are taking the world by storm. Not only have they over­taken their

The BYD bet turned out to be one of Berkshire's best, with its value ballooning to $8 billion at BYD's peak as the EV market exploded.

In a striking forecast, industry experts predict that by 2030, one in every three cars sold worldwide will be produced by a Chinese carmaker.

29/06/2024 18:01, TUNIS/Tunisia TUNIS, June 29 (TAP) - Minister of Industry, Mines and Energy Fatma Chiboub Thabet welcomed, during her meeting held on Saturday, with General Manager of BYD Middle East and Africa, AD Huang «the excellent Tunisian-Chinese relations in various areas.»She added that «the investment areas will certainly boost joint cooperation with the Chinese BYD group, a leader in the automobile industry, motorcycles, electric...

BYD plant in Uzbekistan commenced production earlier this year and recently celebrated the rollout of its first vehicles from the assembly line.

Chinese brands place a high value on design and in-cabin technology and are laser focused on keeping cars affordable

BEIJING (Reuters) -Premium EV maker BeyonCa, backed by Renault and Dongfeng Motor, said on Friday it plans to set up a final assembly plant and its international headquarters in Hong Kong, developing the territory's first car brand. Following the one-two punch that the 2019 protests and pandemic delivered to Hong Kong's economy, the city has sought to diversify and build up other industries. "We aim to achieve a breakthrough in Hong Kong's auto manufacturing industry, becoming the first international premier electric vehicle brand made in Hong Kong," BeyonCa's founder and chairman Weiming Soh said in Hong Kong.

The first phase of BYD's Uzbekistan plant will produce the plug-in hybrid models Song Plus DM-i and Chazor DM-i, with an estimated annual capacity of 50,000 units.

Automotive Industry, encompassing PV, LCV, and MHCV, size is projected to grow from 88 million units in 2024 and is projected to hit 104 million units by 2030, at a CAGR of 2.4%, according to a new report by MarketsandMarkets. The growth of the automotive industry is influenced by various factors such as adoption of electric vehicles, development and manufacturing of long-range batteries along with installation of fast and ultra-fast charging points, introduction of autonomous vehicles, deployme