Etiqueta: turkey

In response to the trade war, the Asian giant is investing billions of dollars abroad in plants, especially in industries linked to the energy transition

The big annual European transportation convention is happening right now in Hannover, Germany, and Volkswagen attempted to steal the show with Jason Statham’s undeniable star power. I love Jason Statham and his championing of tungsten (the most baller metal), but it’s BYD and its E-VALI cargo van that I find the most interesting. I call […]

The dissolution of this joint venture comes at a time of escalating trade tensions between China and Europe. The European Commission is preparing to impose additional tariffs on Chinese EVs, with potential rates reaching up to 36.3 per cent.

There may be no more important question for the West’s competitive position in advanced industries than whether China is becoming a rival innovator. While the evidence suggests it hasn’t yet taken the overall lead, it has pulled ahead in certain areas, and in many others Chinese firms will likely equal or surpass Western firms within a decade or so.

Mexico could be a key production site for BYD, along with plants it is building or already operating in Brazil, Hungary, Turkey and Thailand.

BYD rejected a Bloomberg article saying it is awaiting the outcome of the U.S. elections before committing to a proposed BYD auto factory.

BYD is waiting to see if former President Donald Trump or Vice President Kamala Harris wins the US election before...

BYD topped the 1 million EV sales mark following a record-breaking August. China’s leading EV maker continues surging ahead as...

Chinese electric vehicle (EV) maker BYD announced it will buy Hedin Electric Mobility (HEM), one of the companies that distributes its EVs in Germany, as part of the Chinese company's attempts at building a stronger presence in Europe. According to the agreement, BYD will take over sales of vehicles and parts in Germany, as well as management of BYD stores in Stuttgart and Frankfurt. Buying HEM will give BYD greater control of sales in Europe's largest auto market (2023 sales: 2.85 million) where the company sold a little over 4,000 vehicles last year.

BYD’s rapid ascent in the automotive rankings is particularly notable as many leading global automakers, including industry giants like Toyota Motor and Volkswagen Group, experienced declines in the same period