Etiqueta: turkey

Chinese electric vehicle giant BYD is considering Germany for a possible third assembly plant in Europe, a source familiar with the matter told Reuters, after the region's biggest economy and car market opposed EU tariffs on China-made EVs last year. Chinese carmakers are looking to set up manufacturing and assembly plants in Europe as they seek to sell more lower-cost cars in the region to challenge European competitors as demand slows in China, the world's largest car market. Executive vice-president Stella Li said in an interview earlier this month with Automobilwoche that BYD was considering a third facility to serve the European market in the next two years - in addition to the two it is building in Hungary and Turkey - but she did not say where.

Chinese electric vehicle giant BYD is contemplating the establishment of its third assembly plant for new energy vehicles (NEVs) in Germany. This consideration…

BYD Considers Third European BEV Assembly Plant

BYD's head of Europe, Stella Li, says the automaker is considering a third regional plant to build cars for Europe.

BYD has been the EV carmaker to beat in recent times. Over the past five years, it has climbed the ladder to establish itself as a major automotive giant. And there�s no denying that Tesla is its biggest ...

Producing vehicles in Europe will allow BYD to skirt tariffs recently placed against it by the EU

Chinese EV maker BYD is partnering with drone manufacturer DJI to make science fiction Blade Runner-style movie magic real: a drone that launches from the car's roof.

BYD Proposes Teaming With Tesla to Destroy ICE in Europe

Tesla rival says follow-on Hong Kong offering is the biggest in the global automotive sector in a decade

BYD has reported substantial increase in new energy vehicle (NEV) output for February 2025, compared to the same period last year.