Etiqueta: mini

BUENOS AIRES (Reuters) -China's largest carmaker BYD on Wednesday launched sales of its EVs in Argentina, taking advantage of the lifting of import tariffs for electric and hybrid vehicles and boosting its fast-growing footprint in South America. Chinese brands dominate this sector, and Argentina has said it expects imports of about 40,000 electric and hybrid vehicles to enter the country by the end of January. Normally, imported cars from brands that do not have manufacturing operations in Argentina or other members of South America's trade bloc Mercosur, which includes Brazil, pay a 35% tariff.

Chinese new energy vehicle maker BYD has launched in Argentina on Wednesday, expanding its presence in South America two months after starting local passenger vehicle production in Brazil.

BYD's UK success challenges the nation's EV strategy and reshapes the automotive landscape.

Bumper September sales for fast-growing Chinese car brand BYD mean the UK has become the firm’s second largest international market.

BYD now holds 3.6% UK market share, beating Mini and Tesla despite missing out on government subsidies. By Stewart Burnett

UK is now the Chinese carmaker’s largest international market after sales rose nearly 10-fold in September

BYD is bringing China’s EV price war, which it helped ignite, overseas. After launching steep discounts of up to 50%...

BYD (BYDDY) stock fell 5% in September as Japan EV sales disappoint and Berkshire Hathaway exits its 15-year stake, raising investor concerns.

Chinese new energy vehicle maker BYD said earlier this month it will launch in Argentina on October 8, expanding its presence in South America two months after starting local passenger vehicle prod…