Etiqueta: subsidy
Driving Diplomacy

Competition with China in the automotive sector is a challenge for Europe, but also presents opportunities. Coordination is needed at the EU level to develop local value chains and to ensure that strong EV demand rebounds, providing continued support for the industry.
Can Trump’s auto tariffs save Musk’s Tesla from BYD? – The...

International Business News: Trump’s 25% tariff on imported vehicles aids Tesla in the US but fails against China’s BYD, which leads global EV sales. Tesla faces backlash abroad d
EU Commission opens probe as to whether China provided BYD with...

The European Union Commission has reportedly opened a preliminary probe investigating whether China provided unfair subsidies to support Chinese EV...
BYD is under investigation for violating the EU’s EV subsidy rules

The EU is investigating BYD for allegedly using unfair subsidies in its Hungary EV plant.
EU probes BYD plant in Hungary over unfair Chinese subsidies

Investigation comes as Viktor Orbán has attracted large Chinese investments to his country
BYD mulls building its 3rd European plant in Germany, report says

BYD is considering setting up its third European car assembly plant in Germany as it looks to build brand awareness among European customers as a local manufacturer, according to Reuters.
The Zacks Analyst Blog Highlights BYD, Geely Automobile, Tesla and Stellantis
BYD, Geely Automobile, Tesla and Stellantis are included in this Analyst Blog.
BYD Eyes Germany For Its Third European Assembly Plant

Chinese electric vehicle giant BYD is contemplating the establishment of its third assembly plant for new energy vehicles (NEVs) in Germany. This consideration…
BYD’s Atto 3 sales face further delay over hurdles to subsidy...

BYD's hopes of taking off in the Korean market with sales of its Atto 3 face even more delays as the car has yet to receive the necessary certification to qualify for the government's EV subsidies.
China’s EV Giant BYD Looks to Raise $5.2 Billion in Share...

BYD plans to raise $5.2 billion through a share sale in Hong Kong to fund its overseas expansion and research and development efforts.