Etiqueta: Tariffs
Tesla’s Top Rival BYD Clinches $1B EV Manufacturing Plant Agreement With...

Chinese EV maker BYD is set to sign a $1 billion deal with Turkey for a manufacturing plant in Manisa province. President Recep Tayyip Erdogan will announce the agreement on Monday. The new facility aims to enhance BYD's access to the EU market.
BYD closes in on huge $1 billion EV plant in Turkey...

BYD is closing in on a deal to build a massive $1 billion EV plant in Turkey. The news comes...
BYD to reach deal with Turkey for $1 billion EV plant,...

The new plant could give BYD easier access to the European Union, with which Turkey has a customs union agreement, said a Bloomberg report.
Xpeng considering European plant as Xpeng and Nio respond to EU...
Nio and Xpeng respond to the new EU tariffs. Xpeng looking at siting a factory in the EU, Nio currently not making any changes.
The post Xpeng considering European plant as Xpeng and Nio respond to EU tariffs appeared first on CarNewsChina.com.
Turkey Poised for $1 Billion EV Plant Deal With China’s BYD
(Bloomberg) -- Turkey will soon unveil an agreement with Chinese electric-car maker BYD Co. for the construction of a $1 billion plant in the west of the country, Turkish officials said.Most Read from BloombergKamala Harris Is Having a Surprise Resurgence as Biden’s Campaign UnravelsBiden’s Fourth of July Shrouded by Pressure to Drop 2024 BidSingapore Couples Are Marrying Earlier to Buy Homes, Leading Some to RegretSingapore Is Making Life Tougher for Global TalentNewsom Shocks California Politi
BYD’s steep EV discounting in Thailand sparks backlash, PM seeks assurances
Thailand's consumer protection agency has received about 70 complaints since initiating a probe into aggressive discounting by BYD dealers that has left some buyers feeling they overpaid for their Chinese electric vehicles. Prime Minister Srettha Thavisin told BYD Chief Executive Wang Chuanfu, who was in Thailand to mark the opening of its first Southeast Asian factory this week and paid a courtesy call to the premier on Friday, to better manage customer expectations about pricing and ensure local buyers were protected. Wang gave assurances that future pricing would be appropriate and affected customers would receive support, according to a government spokesman.
BYD’s steep EV discounting in Thailand sparks backlash, PM seeks assurances...

BYD's steep EV discounting in Thailand sparks backlash, PM seeks assurances
Europe officially slaps tariffs on Chinese EVs in the biggest EU...

Here are some basic facts about the EU's planned customs duties.
BYD inaugurates Southeast Asia’s first EV factory in Thailand

Chinese electric vehicle (EV) giant BYD has officially launched its first manufacturing facility in Southeast Asia. The state-of-the-art plant, located in Thailand, marks a pivotal moment in the company's international expansion strategy and further cements its position as a dominant force in the region's burgeoning EV market.