Etiqueta: turkey

Chinese electric vehicle giant BYD launched on Monday its premium Denza brand in Europe, aiming to support its expansion in the region and compete with top-end German manufacturers such as BMW and Mercedes. Sales of Denza - once a 50:50 joint venture with Mercedes and now fully owned by BYD - accounted for just over 3% of the group's total sales. The group's special adviser for Europe, Alfredo Altavilla, said Denza would be the technological forerunner for the group.

BYD sales reached a new record in the United Kingdom with nearly 6,500 vehicles sold in March. Figures represent a new record since the Shenzhen-based carmaker arrived in the UK two years ago and a…

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Electric Vehicles: Innovation, Cost Fueling BYD’s Global Momentum | Global Finance Magazine

US tariffs are failing to halt the rise of cars from the Asian giant, especially in emerging markets, and could even accelerate it

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BYD’s technological advances show where the centre of innovation now lies

BYD has its sights set on Toyota. The world’s largest EV maker believes that once it reaches Toyota’s scale, it...

BYD has set a target to double its overseas sales to over 800,000 units in this year, reported Reuters citing the company chairman Wang Chuanfu as saying to analysts on an earnings call.

Key expansion markets include Latin America, Southeast Asia, and the United Kingdom.