Etiqueta: Industry

The Chinese government is signaling enough is enough when it comes to the fierce competition in the country’s electric car market.

BYD cancels plans to build an electric vehiucle manufacturing plant in Mexico, following months of uncertainty.

BYD’s new passenger vehicle plant in Hungary has secured Voestalpine as its first steel supplier, while BYD expands its presence in the European electric vehicle market amid regulatory scrutiny.

China’s electric vehicle (EV) giant BYD has shelved plans to build a major manufacturing plant in Mexico, citing geopolitical volatility and the ...

Newly-built plant in Bahia completed ahead of schedule.

BYD said it still plans to grow in North and South America, but it doesn’t know when.

Tesla sales through June fell 13% to some 720,000 vehicles—but volumes for BYD of China soared 41% to crack the 1 million vehicle mark already halfway through the year.

China’s leading EV maker BYD has shelved plans for a major factory in Mexico due to geopolitical tensions and US trade uncertainty under US President Donald

BYD has canceled plans for a major electric vehicle factory in Mexico, citing uncertainty around US trade policies and rising tariffs on Mexico-made cars. The Chinese EV maker is expanding elsewhere, including in Brazil, where it faces labor violations. BYD remains focused on long-term international growth despite these setbacks

BYD has shelved plans to build a major factory in Mexico due to geopolitical tensions and uncertainty caused by Trump's trade policies, Bloomberg reported.