Etiqueta: Tariffs

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

(Reuters) -The world's largest car-carrying ship - with the equivalent of 20 football fields of vehicles - completed its maiden journey late last month to dock in Brazil's Itajai port. BYD, China's top producer of electric and plug-in hybrid vehicles, is offering Brazilian car shoppers relatively low-priced options in a market where the green-car movement is still in its infancy. BYD has deployed a growing fleet of cargo ships to accelerate its expansion overseas, with Brazil becoming its top target, according to Reuters analysis of shipping data and company statements.

Brazilians are rushing to buy Chinese EVs before a 35% import tax comes into effect.

The world's largest car carrier making its maiden voyage is generally cause for celebration. But in the case of Chinese car manufacturer…

BYD and other companies doubled their share of the car market after the European Union imposed higher tariffs on electric vehicles from China.

Spending on social media and AI has helped fuel rapid expansion into overseas markets

A recent forecast suggests that BYD, the Chinese electric vehicle (EV) manufacturer, is poised to dominate the global electric vehicle (EV) market for the next three years. CleanTechnica published the results of a reader survey predicting the top three electric vehicle (EV) brands for 2025, 2026, and 2027. The survey showed overwhelming support for...

India Business News: Warren Buffett's strategic investment in BYD, made in 2008, is proving remarkably successful, contrasting sharply with his avoidance of Tesla. BYD has

Warren Buffett's investment in BYD is proving prescient as the Chinese EV maker surpasses Tesla in key metrics. Buffett's value-based approach favored BYD's cost advantages and strategic global expansion over Tesla's high-profile but struggling performance. BYD's success highlights a shift in the EV market, driven by price competition and strategic positioning in emerging markets, validating Buffett's long-term vision.

BYDDY launches its most affordable EV model, Dolphin Surf, priced from around $25,000, in the United Kingdom.