Etiqueta: Tesla

Prominent Chinese EV maker BYD Company (OTC ) is gearing up to enter the Canadian automotive market, despite potential tariffs on Chinese-imported vehicles. Canada is considering following the U.S. and EU in imposing these tariffs to counter what the West sees as China's excessive EV subsidies.

Uber and BYD have announced they will enter a massive partnership that they feel will accelerate the global transition to electric vehicles.

(Bloomberg) -- Uber Technologies Inc. will team up with BYD Co. to put 100,000 electric vehicles onto the ride-hailing company’s platform, in a major deal between American and Chinese businesses that notably excludes the US.Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundHamas Says Israel Killed Political Leader With Airstrike in

Uber will team up with BYD to put 100,000 electric vehicles onto the ride-hailing company’s platform, in a major deal between American and Chinese businesses that notably excludes the U.S.

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! According to a recent regulatory filing, BYD, the Chinese electric vehicle (EV) behemoth that needs no introduction, is setting its sights on the Canadian market, a move that could potentially disrupt the EV landscape ... [continued]

The partners will also work on deploying cars capable of self-driving to Uber's network

Uber Technologies and Chinese automaker BYD announced a multi-year partnership on Wednesday aimed at bringing 100,000 new electric vehicles to the ride-hailing platform globally. The partnership, starting in Europe and Latin America, will offer drivers accessible pricing and financing for BYD's EVs on the Uber platform and will expand to markets in the Middle East, Canada, Australia and New Zealand, the companies said. High sticker prices for electric vehicles and increased borrowing costs have acted as barriers to EV adoption over the past two years, causing demand for such vehicles to grow at a slower-than-expected pace.

Uber plans to use 100,000 electric BYD cars on its ride-hailing platform, starting in Europe and Latin America, the two companies announced Wednesday.

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Plugin vehicles are all the rage in the Chinese auto market, with plugins scoring 876,000 sales (in a 1.76-million-unit overall market). That’s up 23% year over year (YoY). Looking deeper at the numbers, growth ... [continued]