Etiqueta: singapore

Spreading a manufacturing base all over the region BYD has aggressively expanded its footprint across the Southeast Asian (ASEAN) region, strategically establishing distributorships in several key countries. This expansion is often facilitated through partnerships with prominent local automotive or business conglomerates, a tactic that mirrors the successful market entry strategies ... [continued]

Also in today’s newsletter, Singapore’s ‘scamdemic’, and Trump media group plans to raise $3bn to spend on crypto

Build Your Dreams (BYD) establishing a base in Hungary proves that BYD has landed on European soil and is proving to be a threat for EV rival Tesla.

A new vehicle by Chinese manufacturer Omoda resembles a Lamborghini, offering a futuristic looking vehicle with an accessible starting price of $30,000.

Chinese electric vehicle giant BYD has become the best-selling car brand in Singapore for the first time, surpassing Toyota and far outselling Tesla in the first four months of 2025, according to newly released government data. The milestone marks a significant breakthrough for BYD’s international strategy. The company is aggressively ...

SINGAPORE (Reuters) -China's BYD became the most popular vehicle brand in Singapore so far this year, outselling Toyota for the first time, government data showed, as the fast-growing electric vehicle maker steps up efforts to boost overseas sales. In the first four months of 2025, BYD sold 3,002 cars, or 20% of total vehicle sales in Singapore. Toyota and BYD's main EV rival Tesla sold 2,050 and 535 units each during the same period.

As the Gulf states set their national strategies for digital and green transitions, electric vehicles are flooding into the traditionally fossil fuel-driven auto markets of the Gulf — especially in the Kingdom of Saudi Arabia, the United Arab Emirates, and Qatar.

A message from the US Chamber of Commerce The US Chamber of Commerce is pleased to present this independent report, prepared by Rhodium Group, assessing China’s Made in China 2025 (MIC25) policy.…

The U.S. has punitive tariffs on Chinese electric vehicles, which effectively blocks imports. Still, many Chinese EV brands are expanding their markets and going abroad with models that are both packed with features and cheaper.

The Shanghai Auto Show is about to open, attracting nearly 1,000 companies and over 100 new car launches. Automakers are placing more emphasis on technology displays, attracting a large number of overseas visitors, especially automotive agents. During the exhibition, 30% of the visitors at the NIO booth were foreigners, indicating that Chinese auto shows are evolving into a global hub. Overseas audiences have shown a strong interest in charging and battery swapping technologies, with particular attention to NIO's battery swapping technology