Etiqueta: Report

The Berkshire Hathaway-invested EV maker plans to open 2,000 dealerships by 2026 and produce all models for sale in Europe locally by 2028.

The 2026 Seal 07 DM-i made its debut at the recently concluded 2025 Chengdu auto show, featuring an additional LiDAR sensor on the roof.

Chinese automaker BYD is aggressively challenging Tesla in Europe by expanding German sales locations to 100 by 2026, unveiling new models, and starting production in Hungary by 2025. Amid Tesla's 40% sales drop, BYD's registrations surged 225% in July 2025. BYD aims to become Europe's top EV seller by 2030.

BMW and Mercedes are done watching Tesla play king. The two biggest luxury brands from Europe have just thrown down the gauntlet with all-electric SUVs meant

BYD’s Executive Vice President, Stella Li, said the company will also expand its stores to more than 1,000 locations in 32 countries across Europe.

The first model off the line will be the Dolphin Surf compact electric car. The news follows a Reuters report in July that BYD was considering delaying mass production in Hungary until 2026 and operating the plant below capacity for at least the first two years.

The current crisis affecting the European automotive industry is an acute threat to Europe’s economic future. Will a summit between the auto sector and Ursula von der Leyen on Friday provide a life-line?

Yahoo Finance is chronicling the latest news and updates on Trump's tariffs.

Jefferies Financial Group downgraded BYD from a "strong-buy" rating to a "hold" rating in a research note on Monday.

Europe’s auto industry will be grappling with a moribund economy and an existential threat from China as a motor show in Munich gets underway.