Etiqueta: US

New research is predicting that Chinese brand BYD could replace Tesla as the best-selling manufacturer of electric vehicles. According to Bloomberg Intelligence’s (BI) Global BEV Report 2024, the global BEV sales mix could reach 15% by 2025, up from last years 11%, before doubling to 31% in 2030. It predicts China will remain the most

The reverberations continue from the world's largest electric vehicle manufacturer BYD choosing Türkiye for its investment after Hungary. This investment, the first of its kind in 27 years, is expected to have a ripple effect on other Chinese manufacturers who have long been in talks with Türkiye.

China's BYD Co. will build an electric vehicle manufacturing facility in Turkiye and expects this to improve its position in the European market, Azernews reports.

In a post on the social media platform X on Monday, Turkey’s Vice President Cevdet Yilmaz confirmed that BYD is expected to begin production of vehicles in the new factory at the end of 2026 and that the facility will provide around 5,000 direct jobs.

This country has betrayed us, and now BYD has broke into America to sink Tesla: Experts are worried about what can happen from now on

China’s largest electric car manufacturer BYD has signed a $1bn deal to build a manufacturing plant in Turkey,

A popular Chinese brand could soon overtake Tesla to claim the coveted battery electric vehicle crown as Elon Musk's brand struggles with waning sales. New research from Bloomberg Intelligence's Global BEV Report 2024 suggested that Tesla's longer-term success is dependent on the unveiling of a cheap, high-volume vehicle - rumoured to be the Model ...

The EU cannot afford to stay divided on its green industrial policy. Instead, the next European Commission should spearhead a common and credible approach to ensure the bloc catches the next green…

BYD plans to open a $1 billion factory in Turkey that is expected to begin production by the end of 2026.

In the first half of 2024, BYD was No. 1 in China's NEV market with a 33.8 percent share, while Tesla was No. 3 with a 6.8 percent share.