Etiqueta: turkey

A BYD assembly plant, joining two other planned factories in Hungary and Turkey, would be a significant boost for the carmaker that competes with Tesla, and would also bolster Spain's aim of becoming a major hub for electric vehicle production. One of the sources said Spain is favoured by BYD because of its relatively low manufacturing costs and clean energy network. While it is known that BYD has been looking for a third plant to serve the European market, Spain's emergence as a frontrunner has been previously unreported.

BYD’s European EV Invasion – Boom in Sales but Stock Takes a Hit! - TechStock²

As reported by CnEVPost, BYD’s overall quarterly sales were down 1.82% YoY with passenger vehicles down 2.1%, while commercial vehicles were up 52.61%. While PHEV sales were down 23.72%, BEV sales were up 31.37%. While the Chinese market declined, overseas sales were up 146.42%. Looking deeper, the BYD brand saw the bulk of the decline, while premium brand Fang Cheng Bao stands out, with sales up 344.87% in September, driven by the Ti3 BEV and recently launched Ti7 PHEV, which have tended to be supply-constrained.However, this is BYD’s first YoY drop in sales since 2020. In a quarter when several other automakers saw increases. What’s happening?

India Business News: India's commerce ministry has recommended anti-dumping duties of 23-30% on solar cell imports from China for three years. This action aims to protect

BYD projects to export between 800,000 and 1 million units in 2025, which is about 20% of its total sales.

BYD ramps up its Europe EV push with plants in Hungary and Turkey (500,000/year), eyes local battery production, premium brands, and 1 MW megachargers across EU.

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.