Etiqueta: thailand

Bringing Taiwan to the World and the World to Taiwan

Taiwan is evaluating measures to restrict the import of Chinese-branded vehicles from third countries, following local media reports that BYD Co. is planning to enter the Taiwanese market by shipping cars assembled in Thailand.

Recent reports have stated that Chinese automaker BYD Auto intends to sell vehicles in Taiwan under the Denza brand through a third-party country, with distributor Taikoo Motors playing a key role.

Taiwan's Ministry of Economic Affairs (MOEA) said Tuesday it is reviewing new regulatory measures to block indirect imports of Chinese cars, following reports that electric vehicle giant BYD is planning to enter the Taiwan market by assembling vehicles in Thailand and selling them under the "Denza" brand through a local agent.

Yahoo Finance is chronicling the latest news and updates on Trump's tariffs.

Following BYD’s bold entry into the Korean market, a cadre of Chinese EV brands like Zeekr, Changan and even Xpeng are now eyeing Korea as their next destination — even if it means absorbing losses to gain a foothold.

There's been a huge spike in demand for this car and it could really shake up the market.

Chinese automakers, especially in the new-energy vehicle (NEV) sector, are increasingly adopting a localized globalization strategy by building factories in overseas markets, as they embrace global collaboration with openness and innovation amid growing global uncertainties caused by Washington’s tariffs policy.

Chinese automaker BYD said on Thursday that it is still on schedule to begin production at its first European passenger vehicle factory by the end of this year.

The British are open to new brands and love Tesla-sized cars, which means the BYD Seal U could become a mainstream model.