Etiqueta: News
Another Avanci licensor sues BYD while Sol IP files UPC lawsuit
The fight to secure Chinese auto licensees is expanding quickly
China’s BYD is sued over ‘slave-like’ labor conditions
One day after BYD (BYDDY) overtook Tesla’s (TSLA) market share in Europe, the Chinese EV maker and two of its contractors were sued by the Brazilian government for subjecting 220 Chinese workers in the South American country to “slavery-like conditions.”
BYD faces $45m lawsuit
Brazilian labour prosecutors have initiated legal action against Chinese carmaker BYD, accusing the company and its contractors of human trafficking.
US warns Pirelli risks restrictions due to Chinese investor
[MILAN] The US government warned Italy’s Pirelli & C that vehicles containing its advanced sensors technology could be restricted from sale in America due to concerns over the influence of the tiremaker’s Chinese investor.
BYD to Enter the Last Frontier for Electrification in Latin America:...
It’s finally happening. After years of watching Argentina’s EV market linger, staying at or below 0.1% market share, the tides seem to be turning. BYD seems unstoppable lately and it seems it will enter head-on one of the least electrified markets in the world and the perennial laggard in Latin ... [continued]
BYD Sparks Price War In China, Slashes New Car Prices By...
BYD has shocked the new car marketplace in China by slashing prices on its cars by up to 34%. Is it playing the long game?
Trump tariffs live updates: Trump lauds EU as it agrees to...
Yahoo Finance is chronicling the latest news and updates on Trump's tariffs.
Pre-production Volkswagen ID.Evo full-size SUV with Xpeng tech assembled at the...
The pre-production variant of the Volkswagen ID.Evo full-size electric SUV was assembled at the loss-bearing Chinese plant in Anhui.
The post Pre-production Volkswagen ID.Evo full-size SUV with Xpeng tech assembled at the loss-bearing Chinese plant appeared first on CarNewsChina.com.
Nio started deliveries of the updated ET5 and ET5 Touring in...
Nio kicked off deliveries of the updated ET5 sedan and ET5 Touring estate. William Li handed over cars to the first group of owners.
The post Nio started deliveries of the updated ET5 and ET5 Touring in China appeared first on CarNewsChina.com.
China’s EV giant BYD decimates local competition with cheaper cars
BYD’s fresh price cuts have reignited China’s fierce EV price war, sending stocks of major local automakers tumbling.
