Etiqueta: Tariffs

Toyota's partnership with BYD on the China-exclusive bZ5 electric crossover demonstrates Toyota's strategic effort to understand BYD's cost-effective EV production, offering a competitively priced vehicle that could potentially succeed in the US.

Magna, Forvia and Aptiv have had early success in winning new business with Chinese automakers overseas. The prospect of speed is often the key to closing a deal.

BYD Expands Hungarian Presence with European HQ

Tesla's sales in Europe and the UK have plummeted by nearly half, according to a report by tech news outletTechCrunch on Tuesday. The European Automobile Manufacturers Association (ACEA) revealed that Tesla sold just 7,261 vehicles in the European Union (EU), European Free Trade Association (EFTA), and the UK in April, marking a steep 49% decline c...

Indian auto production could grind to a halt within days due to Chinese export restrictions on rare earth magnets, according to company executives and documents from industry groups, which want the government to lobby Beijing to relax the curbs.

Brazil was set to host the first non-Asian factory for the EV giant. It's now suing the company instead

China’s electric vehicle (EV) giant BYD Co. has ignited a fresh wave of competition in the world’s largest auto market by slashing prices by up to 34% on 22 electric and plug-in hybrid models.

It’s finally happening. After years of watching Argentina’s EV market linger, staying at or below 0.1% market share, the tides seem to be turning. BYD seems unstoppable lately and it seems it will enter head-on one of the least electrified markets in the world and the perennial laggard in Latin ... [continued]

Yahoo Finance is chronicling the latest news and updates on Trump's tariffs.

In April, Tesla sold 7,261 vehicles in the European Union, European Free Trade Association, and U.K., a 49% year-over-year decline.