Etiqueta: Volkswagen

“High-Performance Electric Vehicle Market” Size, Share & Trends Analysis Report 2024 – By Applications (Household, Commercial), By Types (PHEV, EV), By Segmentation analysis, Regions and...

Tesla's U.S. market share for electric vehicles dropped below 50 percent, with competitors gaining ground. Meanwhile, China's BYD plans a $1 billion car factory in Turkey. Bill Ackman is raising up to $20 billion for a new fund with lower fees and Volkswagen might close Audi's Brussels plant due to declining luxury EV demand. All this and more on this edition of World Street. Fed Chair testifiesFederal Reserve Chair Jerome Powell told lawmakers...

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…

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.

By Fulya Ozerkan China’s electric vehicle giant BYD on Monday signed a one-billion-dollar agreement with Turkey to open a plant in the country in a move that would help it dodge new EU tariff…

Production starts in 2026

On July 8th, BYD signed an agreement with the Turkish government to invest about $1 billion in building factories and research centers.

BYD will set up $1bn EV plant in Turkey as per Turkish government officials. The official announcement will be made by the Turkish President.