Etiqueta: News

New research is predicting that Chinese brand BYD could replace Tesla as the best-selling manufacturer of electric vehicles. According to Bloomberg Intelligence’s (BI) Global BEV Report 2024, the global BEV sales mix could reach 15% by 2025, up from last years 11%, before doubling to 31% in 2030. It predicts China will remain the most

The reverberations continue from the world's largest electric vehicle manufacturer BYD choosing Türkiye for its investment after Hungary. This investment, the first of its kind in 27 years, is expected to have a ripple effect on other Chinese manufacturers who have long been in talks with Türkiye.

Tesla's Chinese EV rival is building a factory in Turkey.

BYD expands its Shen-Shan Industrial Park with an $893 million investment to boost production of new energy vehicles, amid strong NEV sales growth.

In a post on the social media platform X on Monday, Turkey’s Vice President Cevdet Yilmaz confirmed that BYD is expected to begin production of vehicles in the new factory at the end of 2026 and that the facility will provide around 5,000 direct jobs.

BYD’s batteries will make their way into tens of thousands of electric motorcycle taxis in Rwanda and Kenya.

China’s largest electric car manufacturer BYD has signed a $1bn deal to build a manufacturing plant in Turkey,

On Monday, BYD Company Limited (OTC: BYDDY) signed a deal to open a $1 billion electric-vehicle factory in Turkey, directly threatening the dominance of Tesla Inc (NASDAQ: TSLA) in several European markets. BYD Is Boosting Its Presence In Europe Although BYD has already been selling its EVs in Europe since 2021, most of its sales are still in China, but the Tesla killer is aggressively expanding its footrpint outside its home market. This will be its second facility in Europe, with the first cur

A popular Chinese brand could soon overtake Tesla to claim the coveted battery electric vehicle crown as Elon Musk's brand struggles with waning sales. New research from Bloomberg Intelligence's Global BEV Report 2024 suggested that Tesla's longer-term success is dependent on the unveiling of a cheap, high-volume vehicle - rumoured to be the Model ...