Etiqueta: Industry
BYD says goodbye to EVs ― Now will produce cars running...

Chinese automotive giant BYD has announced a major pivot away from producing fully electric vehicles (EVs), focusing now on “mixed” fuel
Japan’s economy shrinks, fueling fear of recession

Japan's economy shrank for the first time in four quarters during the three months that ended in March, as weak private consumption and a 0.6 percent quarter-on-quarter drop in exports — also the first in a year — dragged the growth down.
Donald Trump wins presidency, creating new round of uncertainty for automotive...

Former President Donald Trump’s return to the White House will likely send the automotive industry into a period of uncertainty on electric vehicle regulations, incentives and trade.
The impact of US tariffs on North American auto manufacturing and...

Josh Meltzer analyzes the impact of recent U.S. tariffs on North American auto trade, U.S.–China decoupling, and key implications for the 2026 USMCA review.
BYD to establish European centre in Hungary with 2,000 jobs
The new facility will generate 2,000 jobs and act as a centre for BYD model sales, support, testing, and adaptation.
For luxury brands, there are no replacements as China and the...

Sales of designer merchandise thrive under specific conditions that are still lacking in markets like India.
Hungary Becomes Key Hub in East-West Tech Cooperation with BYD Deal

Hungary will manufacture the next generation of electric vehicles, Prime Minister Viktor Orbán announced after signing a strategic agreement with Chinese carmaker BYD, marking a milestone in Chinese–Hungarian industrial cooperation.
BYD moves European HQ to Hungary, sets up €250mn business and...

Chinese electric vehicle giant BYD will relocate its European headquarters from the Netherlands to Hungary as part of a newly signed strategic ...
Goodbye to Tesla Autopilot ― BYD unveils God’s Eye and this...

BYD has introduced God's Eye, and this will be its purpose. Goodbye, Tesla Autopilot. It is not looking good for Elon Musk's electric vehicle brand.
BYD establishes European headquarters in Budapest

Shanghai (Gasgoo)- On May 15, 2025, BYD officially announced the establishment of its European headquarters in Budapest, Hungary. Speaking at the event, BYD Ch