Etiqueta: Tariffs

A recent TikTok video from Reuters sparked plenty of questions by highlighting a surprising shift in the global auto market: Chinese automaker BYD is now outselling Tesla. at least when it comes to total vehicle ... Read more

Chinese car manufacturer BYD has launched a 16-storey container ship capable of transporting 9,200 vehicles as it seeks to dominate the UK electric car market

Chinese automaker BYD is set to triple its electric bus and truck production in Europe with a new $94 million facility in Komarom, Hungary, a move that

BUDAPEST (Reuters) -Chinese automaker BYD will invest 32 billion forints ($94 million) in a new plant in the northern Hungarian town of Komarom, tripling its annual capacity to 1,250 electric buses and trucks, Hungarian Foreign Minister Peter Szijjarto said. Under right-wing Prime Minister Viktor Orban, Hungary has become an important trade and investment partner for China, in contrast with some other European Union nations considering becoming less dependent on the world's second-largest economy. "We Hungarians do not consider East-West cooperation a threat, but rather an opportunity, a big opportunity," Szijjarto was quoted as saying on Friday, adding that the government would support the project with a 3.1 billion forint grant.

Chinese automaker BYD is selling its Seal PHEV CUV in Europe and turning heads with its refinement, utility and good value for the times.

Chinese car manufacturer BYD has launched a 16-story container ship capable of transporting 9,200 vehicles as it seeks to dominate the UK electric car market – as British production slumps to a 70-year low. The BYD Xi’an – named after the historic city of Xi’an in China’s Shaanxi province – is the company’s fifth mega-tanker […]

It’s officially summertime now, and there’s always less news in the summer, but the cleantech news never truly pauses globally, so we still have a number of big stories to share from the past week. 1. Tesla’s tiny robotaxi pilot started in Austin, Texas. Tesla fans/shareholders are super enthusiastic about ... [continued]

BYD, Chery Auto and Great Wall Motor are keen to leverage low prices to get sales where others have struggled because of trade disputes in Europe and 100% tariffs in the US

Europe has, of course, put high tariffs on electric cars built in China. One way around that for Chinese automakers is going to be setting up factories in Europe. BYD has a new factory in Hungary already, and the company is reportedly prepping for a flurry of product launches. Already, ... [continued]