Etiqueta: Tariffs
Its car profits down, Volkswagen has a new idea: Tanks
Volkswagen is considering a shift towards military production as its auto business faces challenges, including high costs and declining profits. CEO Oliver Blume stated the company is open to exploring military vehicle production. This move comes amid increased European military spending and Volkswagen's need to support its struggling business. Potential collaborations with defence companies like Rheinmetall are being discussed.
VW sold more sausages than cars last year
The group sold more currywurst units than cars as profits after tax fell 30 per cent
BYD mulls third plant for European market to meet growth plans
BYD's head of Europe, Stella Li, says the automaker is considering a third regional plant to build cars for Europe.
BYD wants to work with Tesla to shift auto industry to...
BYD has been the EV carmaker to beat in recent times. Over the past five years, it has climbed the ladder to establish itself as a major automotive giant. And there�s no denying that Tesla is its biggest ...
BYD Prepping For Huge Overseas Growth
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! A week ago, BYD held a big summit for suppliers. More than 500 representatives from 380 major components suppliers converged on a conference center in Turin, Italy, and got a special call to action ... [continued]
BYD Pondering Third European Plant While Building Its First Two
Producing vehicles in Europe will allow BYD to skirt tariffs recently placed against it by the EU
BYD achieves record EV sales, dominating the global market
BYD, a leading Chinese electric vehicle manufacturer, reported record-breaking global sales in February 2025, continuing its rapid expansion in the EV market. The company sold 322,846 vehicles worldwide, an 8.9% increase from January. The most significant growth came from exports, which rose 187.8% year-over-year to 67,025 units, reflecting the company’s increasing presence in international markets. […]
BYD Stock Plunges on $5.6B Share Placement
Chinese electric vehicle giant BYD ($BYDDF) said it raised almost $5.6 billion in a share sale on Tuesday, driving investors to offload the stock in Hong Kong as it...
