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GM reports $1.6 billion hit from now-unused investments in EV production

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General Motors, which led the way among U.S. automakers to convert its fleet to EVs, warned more hits may be ahead as it adjusts under a new administration.
BYD unveils its plan in the UK — Selling cars was just the beginning, and now it's skyrocketing by 880%

BYD unveils its plan in the UK — Selling cars was...

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BYD unveils its plan in the UK, since selling cars was just the beginning, and its sales are skyrocketing by 880%. Find out what barriers it will break next.
BYD Favors Spain For 3rd Europe Plant

BYD Favors Spain For 3rd Europe Plant

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U.K. sales jump 880% to 11,271 last month
Objects In Mirror Are Closer Than They Appear – Chinese EV Maker BYD Takes Aim At Tesla With Fast-Charging Batteries And Market Expansion

Objects In Mirror Are Closer Than They Appear – Chinese EV...

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Although Tesla (NASDAQ: TSLA) has been a driving force in the electric vehicle market for many years, China's BYD is making an aggressive bid for the top spot, according to CNBC's Squawk Box Asia. In fact, BYD wants to take more than just the EV ...
GM faces US$1.6 billion hit after Trump-era EV policy shift

GM faces US$1.6 billion hit after Trump-era EV policy shift

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The end of the US$7,500 clean vehicle tax credit and cuts to charging funding have reduced incentives for consumers and manufacturers alike.
BYD launches hybrid with biofuel tech in Brazil

BYD launches hybrid with biofuel tech in Brazil

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BYD launches biofuel tech hybrid in Brazil.
Spain frontrunner for BYD's 3rd European plant after Hungary, Türkiye

Spain frontrunner for BYD’s 3rd European plant after Hungary, Türkiye

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China's top automaker BYD is considering Spain as the leading candidate for its third European car plant, a report said on Tuesday, as the company...
BYD launches Song Pro Super Hybrid with biofuel technology

BYD launches Song Pro Super Hybrid with biofuel technology

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Chinese biggest new energy vehicle maker BYD introduced another global breakthrough in powertrain technology: the first Super Hybrid vehicle with biofuel compatibility.
Spain emerges as frontrunner for BYD’s third European plant

Spain emerges as frontrunner for BYD’s third European plant

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The new assembly plant would join BYD’s planned factories in Hungary and Türkiye, strengthening its foothold in Europe and supporting Spain...
Exclusive-Spain the frontrunner for Chinese carmaker BYD's third European plant, sources say

Exclusive-Spain the frontrunner for Chinese carmaker BYD’s third European plant, sources...

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A BYD assembly plant, joining two other planned factories in Hungary and Turkey, would be a significant boost for the carmaker that competes with Tesla, and would also bolster Spain's aim of becoming a major hub for electric vehicle production. One of the sources said Spain is favoured by BYD because of its relatively low manufacturing costs and clean energy network. While it is known that BYD has been looking for a third plant to serve the European market, Spain's emergence as a frontrunner has been previously unreported.