Etiqueta: vietnam

Bracing For A Tariff War | Global Finance Magazine

Workers at the site, which was to be BYD's first EV factory outside of Asia, faced forced labour, long working hours, and sleep deprivation caused by inadequate housing conditions

At Auto Expo 2025, BYD will showcase its international models and technologies in New Delhi from January 17-22, 2025.

Amid rising geopolitical tensions, the electric vehicle industry is becoming a growing focal point of international competition between Western developed countries and China.

Mexico's auto production hits record highs, but investment in logistics, security, and digital infrastructure is critical to meet growing North American demand.

The automaker has expanded around the world in recent years

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

ASEAN stands for The Association of Southeast Asian Nations, inclusive of Indonesia, Vietnam, Laos, Brunei, Thailand, Myanmar, the Philippines, Cambodia, Singapore, and Malaysia.

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.

According to GlobalData, BYD Auto has the potential to grow into one of the top ten best-selling brands in the region, but faces challenges.