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Report: Volvo shifting EV production to Belgium to avoid China tariffs

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(Reuters) -Volvo cars has started to shift production of Chinese-made electric vehicles to Belgium in the expectation that the European Union will drive ahead with a crackdown on Beijing-subsidised imports, the Times reported on Saturday. Volvo, which is majority-owned by China's Geely, was considering halting sales of Chinese-built EVs bound for Europe if tariffs were introduced, the newspaper said, citing company insiders. However, the report added that shifting production of Volvo's EX30 and EX90 models from China to Belgium is expected to negate the need for the company to do so and that the company insisted suspending sales of EVs made in China was no longer being considered.
Financial Review: BYD (OTCMKTS:BYDDY) vs. Suzuki Motor (OTCMKTS:SZKMY)

Financial Review: BYD (OTCMKTS:BYDDY) vs. Suzuki Motor (OTCMKTS:SZKMY)

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Suzuki Motor (OTCMKTS:SZKMY – Get Free Report) and BYD (OTCMKTS:BYDDY – Get Free Report) are both large-cap auto/tires/trucks companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, risk, analyst recommendations, earnings, valuation, profitability and dividends. Profitability This table compares Suzuki Motor and BYD’s […]
What Falling Sales? Global EV Sales Grow 25% in April! - CleanTechnica

What Falling Sales? Global EV Sales Grow 25% in April! –...

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Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! EVs Now 18% of World Auto Sales Global plugin vehicle registrations were up 25% in April 2024 compared to April 2023. There were 1.2 million registrations. BEVs were up by 14% YoY, while plugin ... [continued]
BYD Electronic (International)'s (HKG:285) Dividend Will Be Increased To CN¥0.5915

BYD Electronic (International)’s (HKG:285) Dividend Will Be Increased To CN¥0.5915

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BYD Electronic (International) Company Limited's ( HKG:285 ) dividend will be increasing from last year's payment of...
IM LS7 Max all-electric SUV launched with 705 km range

IM LS7 Max all-electric SUV launched with 705 km range

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The IM LS7 Max comes with record breaking tech including four-wheel steering and a lizard digital chassis.

The post IM LS7 Max all-electric SUV launched with 705 km range appeared first on CarNewsChina.com.

Sunday China Drive | Xpeng X9 is a starship on wheels

Sunday China Drive | Xpeng X9 is a starship on wheels

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Let's go on a Sunday drive in the Xpeng X9 MPV!

The post Sunday China Drive | Xpeng X9 is a starship on wheels appeared first on CarNewsChina.com.

Thermal Spray Wires Market 2024 Report with Forecast 2031 at the...

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“”Thermal Spray Wires Market“” Research report Insights 2024 | Number of Tables and Figures [ 137 ] Thermal Spray Wires Market cover market size for segment by Applications [ Mechanical,...

Vehicle Seat Heater Market Size 2024 Research Report by Market Drivers,...

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Top manufactures included in Vehicle Seat Heater market are as follow: Goldern Time, Champion, Hxbest, Check, ACTIVline, Hengfei Electronic, Firsten, SET Electronics, Panasonic, Gentherm,...
BYD Is Poised To Continue Selling Large Numbers Of PHEVs (OTCMKTS:BYDDY)

BYD Is Poised To Continue Selling Large Numbers Of PHEVs (OTCMKTS:BYDDY)

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BYD Company Limited's performance in PHEV sales, impressive driving range, and China's EV market dominance position them for success. Click for my BYDDF update.
Exploring SEHK Growth Companies With High Insider Ownership: BYD Leads The Way

Exploring SEHK Growth Companies With High Insider Ownership: BYD Leads The...

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As global markets navigate through fluctuating inflation rates and policy adjustments, the Hong Kong market has also experienced its share of volatility, with the Hang Seng Index recently showing a notable decline. In such an environment, growth companies with high insider ownership in Hong Kong can offer investors potential resilience and alignment of interests between shareholders and management.