Etiqueta: Industry

For Hamed al-Rafidain, a Saudi human resources worker, an electric vehicle offers welcome savings, especially since his other car is a fuel-guzzling four-wheeler favoured by motorists in the desert kingdom.

In a surprising turn of events, the dominance of Tesla in the global electric vehicle market is facing a significant challenge as new contenders enter

Forvia, the world's seventh-largest car parts supplier, has announced plans to extend its partnership with Chinese battery specialist and automaker BYD to Europe. This expansion, revealed on Tuesday, marks a strategic move for both companies as they seek to capitalise on the changing dynamics of the global automotive market.

Strengthened fleet team, growing dealer network and new product to turbocharge Chinese manufacturer's expansion, says head of fleet sales Malcolm Fryer.

Warren Buffett continued to reduce his holdings of BYD stock, which now stands at 4.94% of all outstanding shares.

When certain politicians in the United Kingdom were trying to persuade their fellow citizens to vote to leave the European Union, an argument I don’t remember ever hearing was that Brexit would make it easier for Chinese carmakers to expand their reach in the country. After spending a week with the nation’s most fervent car […]

A former Baidu smart driving tech veteran has joined BYD to head up end-to-end large model algorithm development, according to local media.

“China has yet to create a single international marquee of its own that is universally recognised and respected. It is time for Chinese carmakers to upend the order of the global automotive industry and chart a course into a new vast territory.”

Aside from easing local content rules, the government's EV investment scheme compels foreign makers to make good on their promise to build local factories, a senior official says.

Türkiye that has a well-developed automotive industry aims to position itself as a center of R&D for automakers, especially for Chinese companies.