Etiqueta: turkey

MILAN (Reuters) -Leading Chinese automaker BYD will need to manufacture auto batteries in Europe as its car production in the region is expected to expand in the coming years, the group's special adviser for Europe said on Wednesday. BYD aims to produce all its EVs for sale in Europe locally within three years, helping it avoid EU tariffs, Executive Vice President Stella Li said earlier this month, adding plug-in hybrids should dominate the group's European sales in the short term. Asked whether BYD is considering a further facility serving Europe, its special adviser Alfredo Altavilla said the group would also need to produce batteries in the region.

According to data compiled by the Gasgoo Auto motive Research Institute , from January to July 2025 BYD s passenger vehicle exports continued to grow steadily,

BYD exhibits its advanced electric vehicles including world's fastest electric supercar YANGWANG U9, YANGWANG U8 alongside DOLPHIN model at TEKNOFEST

BYD this week introduced its third generation electric bus platform that is built on 1000 volt technology for better charging and range.

BYD Auto, announced at this year’s IAA Mobility 2025 show in Munich, Germany, that it is stepping up its expansion in Europe.

BYD will start Hungary production by end-2025, aiming for full European local manufacturing within three years while expanding plug-in hybrid offerings.

MUNICH (Reuters) -China's No. 1 automaker BYD will make its EVs for sale in Europe locally within three years, helping it avoid EU tariffs, while plug-in hybrids should dominate its European sales in the short term, a top executive said on Monday. "We are training ourselves to be more European in production," executive vice president, Stella Li, BYD's No. 2 executive, told Reuters at the IAA Mobility car show in Munich. The EU imposed tariffs on Chinese-made EVs last year because it believed China's automakers benefited from government subsidies.

Don't look now, but BYD is stumbling ever so slightly in its crucial domestic market. What does that mean long-term?

BYD and Tesla are locked in a global battle for EV dominance — and now, the Chinese automaker has raised the stakes, adding a new car to its lineup.