Etiqueta: turkey

BYD will delay mass production at its Hungarian EV plant until 2026 and will operate the plant below capacity for at least the first 2 years, according to Reuters.

Chinese giant BYD has delayed the start of mass production in its first passenger vehicle plant in Europe to 2026, Reuters reported on Tuesday, citing two sources familiar with the matter.

At the same time, China's No. 1 automaker will start making cars earlier than expected at a new plant in Turkey where labour costs are lower, and will vastly exceed its announced production plans, one of the sources said. Shifting production away from Hungary in favour of Turkey would be a setback for the European Union, which has been hoping that its tariffs on EVs made in China would bring in Chinese investments and well-paid manufacturing jobs.

Company EVP Stella Li pledges to create more than 5,000 jobs in Britain through dealerships by next year

BYD is shaking up the race against Tesla, Inc. and Elon Musk, not just with any electric vehicle, but by pushing bold moves into plug-in hybrid vehicles and

US President Donald Trump is trying again to end the war in Ukraine – not by targeting Russia, but by hitting the countries that buy Russia’s oil.

Chinese automaker, Build Your Dreams (BYD,) has announced a major decision which deals with a shift in their focus of fully electric vehicles (EVs).

The new Seal 6 DM-1 from BYD is a full featured plug-in hybrid with up to 90 miles of battery only range in the top of the line version.

Tesla vs. BYD is no longer a race on EV sales, including BEV-only. Elon Musk has bet all on robotaxis, but can the Austin effort scale up?

BYD has shelved plans to build a major factory in Mexico due to geopolitical tensions and uncertainty caused by Trump's trade policies, Bloomberg reported.