Etiqueta: Japan

By Xinghui Kok SINGAPORE (Reuters) - China's BYD widened its sales lead over Tesla in Singapore in the first half of this year, government data showed, highlighting the challenge facing the world's biggest electric vehicle maker by sales from Chinese rivals. BYD's strong growth in Singapore, one of the region's smallest auto markets, underscores the Chinese firm's ambition to dominate the

Hong Kong stocks watchful amid growing expectations of support after China’s central bank on Monday unexpectedly cut both the near-term policy rate and the loan prime rate.

Hong Kong stocks meandered as investors sought clarity on Beijing’s policy support after the Third Plenum expressed confidence in meeting development and growth targets by year-end, with several ministries due to release their own interpretations which would disclose more details. The Hang Seng Index was virtually unchanged at 17,622.02 at 10.50am local time. The Hang Seng Tech Index slid 1 per cent and the Shanghai Composite Index retreated 0.4...

BYD’s latest offering claims up to 1,000km of range via a plug-in hybrid system

A Thai investigation into discounts from BYD Company will continue despite a cash-back program by its distributor, Rever Automotive. Thai consumers, feeling overcharged for their EVs, prompted the ongoing probe.

Chinese EV giant targets Vietnam with dealership expansion and factory plans

BYD will launch three additional new models in Vietnam in October and plans to expand its dealerships to 100 by 2026.

An EU duty on electric cars from China overstates the problem and will do more harm than good

Can BYD compete with Toyota on its home turf? According to the latest sales data, BYD accounted for nearly 3%...

As the global automotive industry rapidly electrifies, China’s consolidation of electric vehicle supply chains has caused geopolitical tensions. This has led both the United States and European Union to raise import tariffs on Chinese EVs – risking a possible trade war. This DGAP Policy Brief compares the approaches of the US and EU and recommends how Germany can support the EU’s position while ensuring fair competition for its automotive industry.