Etiqueta: turkey

BYD predicts rapid EV growth in Germany, Europe’s largest auto market, within the next six months. With EVs starting at...

PARIS (Reuters) -The EU's planned tariffs on Chinese-made EVs will lead to higher prices and deter buyers, Chinese EV giant BYD warned on Monday, adding the tariffs proposed for its vehicles were not a fair, but that it had also not challenged them. Li added that BYD had not yet decided what it's strategy would be to cope with the extra cost.

BYD Co., China’s bestselling car brand, may initially offer electric vehicles in Germany for between €25,000 ($27,340) and €30,000, Executive Vice President Stella Li said in a newspaper interview.

In response to the trade war, the Asian giant is investing billions of dollars abroad in plants, especially in industries linked to the energy transition

The big annual European transportation convention is happening right now in Hannover, Germany, and Volkswagen attempted to steal the show with Jason Statham’s undeniable star power. I love Jason Statham and his championing of tungsten (the most baller metal), but it’s BYD and its E-VALI cargo van that I find the most interesting. I call […]

The dissolution of this joint venture comes at a time of escalating trade tensions between China and Europe. The European Commission is preparing to impose additional tariffs on Chinese EVs, with potential rates reaching up to 36.3 per cent.

There may be no more important question for the West’s competitive position in advanced industries than whether China is becoming a rival innovator. While the evidence suggests it hasn’t yet taken the overall lead, it has pulled ahead in certain areas, and in many others Chinese firms will likely equal or surpass Western firms within a decade or so.

Mexico could be a key production site for BYD, along with plants it is building or already operating in Brazil, Hungary, Turkey and Thailand.

BYD rejected a Bloomberg article saying it is awaiting the outcome of the U.S. elections before committing to a proposed BYD auto factory.

BYD is waiting to see if former President Donald Trump or Vice President Kamala Harris wins the US election before...