Etiqueta: south korea

Chinese automaker BYD is selling its Seal PHEV CUV in Europe and turning heads with its refinement, utility and good value for the times.

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]

As global electric vehicle (EV) demand softens, South Korea's battery industry, once a global powerhouse, is facing the risk of losing market share. Yet amid this cooling trend, the EV charging ecosystem is emerging as a bright spot, offering new avenues for growth and innovation. The electric vehicle market is currently experiencing what analysts ...

After China warned that BYD’s recent EV price cuts are creating “war panic,” the company is now turning up the...

After China warned that BYD’s recent EV price cuts are creating “war panic,” the company is now turning up the...

CATL and BYD's combined EV battery installations in January-April totaled 171 GWh, accounting for 55.4 percent of the global total.

BYD has delivered its 1,000th Atto 3 in South Korea, just one and a half months after deliveries of the model began on April 14.

BYD rewrites electric vehicle market rules. On May 17, the Chinese EV maker launched the mid-size sedan e7 priced below 15,000 USD, surprising the industry. The e7 offers a range up to 520 km (323 miles) per charge. Industry experts praise BYD’s strategy of boosting price competitiveness by cutting premium features. The new e7 joins BYD’s e series ...

More support will be given to key sectors of the South Korean economy affected by the United States' tariffs, the government said in Seoul on Wednesday, even as the second round of technical discussions with Washington took off.