Etiqueta: Tariffs

The Asian giant’s dominance in the green sector has become a headache for the EU: it needs China’s products to meet decarbonization objectives, while simultaneously seeking to protect its industries and avoid becoming dependent on a foreign power

China is the world's largest EV market, but battery-electric pioneers are turning to hybrids in a drive to boost sales abroad and help avoid tariffs.

An electric vehicle plant that BYD plans to build in Turkey will start operations as scheduled by the end of 2026, said Kaan Masatci, a project manager at

It's now made 10 million EVs and hybrids

Despite tariffs on imported Chinese EVs in place in Europe, BYD is making good on its vow to continue its...

(Bloomberg) -- Mexico has not received a “firm” project proposal from a Chinese automotive company to install a plant in Mexico, said President Claudia Sheinbaum on Thursday.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasThe president was responding to a question on whether China’s top electric-vehicle maker BYD Co. will install a plant in the count

Both BYD and SAIC Motor reportedly asked suppliers for 10% discounts amid fierce competition in China's oversaturated EV sector.

BYD moves to shield itself from looming US tariffs as President-Elect Trump threatens new import taxes on Chinese, Canadian, and Mexican goods. The China-based EV giant has reportedly ordered suppliers to slash costs by 10% starting in 2025.

Toyota, BYD Co and Honda have been highlighted in this Industry Outlook article.