Etiqueta: Industry

Volvo parent Geely announced a revolutionary LFP battery that offers higher energy density, faster charging, and a longer service life than competing batteries

Low-priced Chinese EVs pose a potentially “extinction-level event’’ for America’s auto industry.

Peru's president met with Chinese electric vehicle maker BYD on Wednesday, inviting executives to set up shop on the Andean nation's Pacific coast where another Chinese firm is building a massive port to facilitate trade between the two countries. President Dina Boluarte told the executives that if BYD were to build a auto assembly plant in Peru, it would benefit from the Chancay port under construction by Cosco Shipping Ports, set to open in November, according to a government statement. "In either of those places, that's where the vehicle assembly industry could be setting up," said Boluarte.

Peru trying to lure BYD auto plant with industrial park incentive

The president of Peru met with BYD, a Chinese manufacturer of electric vehicles on Wednesday. He invited executives to establish…

Hozon New Energy Automobile, the start-up behind the Neta brand of electric vehicles (EVs), has applied to raise capital in Hong Kong, joining BYD, Xpeng and Li Auto in using the world's fourth-largest stock market as the launching pad to fund its overseas expansion and escape China's brutal discount war. Hozon plans to use the money from its initial public offering (IPO) to support its "internationalisation strategy", where it plans to "localise" its production facilities in different markets,

We recently compiled a comprehensive report detailing the 20 Largest Automotive Markets in the World. In this article, we’ll be taking a look at what’s going on in the global auto industry and the largest automotive market in the world. The Global Automotive Industry: A Brief Overview Providing millions of jobs and supporting numerous sectors, […]

“Car Antifreezes Market” Size, Share & Trends Analysis Report 2024 – By Applications (Passenger Vehicle, Commercial Vehicle), By Types (Ethylene Glycol Coolant, Propylene Glycol Coolant,...

North America and Southeast Asia are also favored destinations as firms look to avoid tariffs and better serve carmakers with local operations