Etiqueta: Mexico

The Fed's favorite inflation measure will cap the week -- a hot reading could delay interest rate cuts

Chinese EV maker’s five-minute charge puts the disrupter one step closer to conquering global markets

The European Union Commission has reportedly opened a preliminary probe investigating whether China provided unfair subsidies to support Chinese EV...

Wang Chuanfu founded BYD (short for Build Your Dreams) in 1995 as a company that manufactured batteries. Now, one of its multiple factories alone is capable of producing one million vehicles in a year. The expansion of BYD's production plant in Zhengzhou occupies an area larger than Segovia. In addition to the factories, new campuses have been built for the workers to live in. There are also dozens of cafeterias, sports facilities, and a couple...

Investigation comes as Viktor Orbán has attracted large Chinese investments to his country

The Seagull is BYD’s cheapest EV, starting at under $10,000 in China. Later this year, it will launch in Europe...

Spiderman pointing at Spiderman meme.

Booming global EV automaker Build Your Dreams (BYD) has hit a snag with the Chinese government, which has delayed the...

Beijing has reportedly put on hold the approval for BYD to set up a manufacturing plant in Mexico amid fear of key technology leakage to US.

Chinese authorities are concerned that Mexico would gain unrestricted access to BYD's advanced technology and may even possibly allow the US access to it, according to the Financial Times.