Etiqueta: Tariffs

Tesla’s shrinking presence in the European market is setting the stage for cutthroat competition between Hyundai Motor Group and China's BYD. While the Korean a

The Chinese electric vehicle giant is bringing affordable prices, cutting-edge technology and an aggressive strategy to the region’s markets

It’s no secret — China’s electric vehicle market is the most developed in the world. Related to that, EVs account for about half of the country’s new car sales, and it’s a hyper-competitive market where many automakers are struggling to scale up, outcompete each other on price, and eventually make ... [continued]

Stella Li, EVP of global auto maker BYD, shares the brand's mission to expand internationally and what makes its EVs so popular with customers.

BYD, Chery Push Hybrids to Avoid Tariffs in Europe

BERLIN/LONDON/DETROIT (Reuters) -Frank Eckard, CEO of a German magnet maker, has been fielding a flood of calls in recent weeks. Exasperated automakers and parts suppliers have been desperate to find alternative sources of magnets, which are in short supply due to Chinese export curbs. "The whole car industry is in full panic," said Eckard, CEO of Magnosphere, based in Troisdorf, Germany.

The BYD Seagull's $8,000 price tag makes it a game-changer for last-mile delivery and personal ownership in an autonomous future, highlighting BYD's aggressive pricing that challenges Western automakers who have little time to respond.

BYD is making its presence felt in the UK after registrations jumped more than fivefold last month. The EV leader...

BYD plans to expand its dealer network in South Africa to 20 stores by the end of this year and increase to 30 to 35 stores by 2026.