Etiqueta: Tariffs

Chinese electric vehicle maker BYD is aiming to raise as much as 40.7 billion Hong Kong dollars ($5.2 billion) in what would be Hong Kong’s biggest share sale in nearly four years. The company is offering 118 million shares at 333 to 345 Hong Kong dollars each, according to terms of the deal seen by Bloomberg News. That implies a discount of up to 8.4 percent to BYD’s closing price on Monday, according to Bloomberg calculations. The transaction marks Hong Kong’s biggest share sale since food-del

The company is offering 118 million shares at HK$333 to HK$345 each, according to terms of the deal seen by Bloomberg News. That implies a discount of...

Chinese manufacturer BYD wants to build another plant in Europe since the EU now collects special tariffs on electric vehicle imports from China. Battery

BYD’s two European factories have attracted a great deal of attention, but not so much its other new plants in Brazil, Indonesia Thailand and Uzbekistan. By Ian Henry

BYD faces delays in Korea's EV market due to subsidy requirements, leading to consumer complaints.

Allegations of labour abuse on Brazil building site cast a shadow over BYD’s plan for its first car factory outside Asia

BYD is cementing its place as the global EV leader with new models, innovative battery tech, and rapid global expansion plans.

BYD Co. wants to build a third factory in Europe to expand in the region that’s hiked tariffs on electric-vehicle imports from China.

The United States Trade Representative is proposing to impose steep charges for vessels calling at US ports either owned by Chinese operators or bought from Chinese shipyards.

[Updated March 3] Following an investigation into unreasonable or discriminatory practice in international shipping, the United States Trade Representative is proposing to bring in fees of up to $1.5m for China-related vessel calls at US ports.