Etiqueta: Volkswagen

German carmaker Volkswagen is putting a new electric car range on the market in China. The vehicle under the brand name "ID. Unyx" is to hit showrooms this summer, a spokesman said on Wednesday as the new model was presented in Anhui in south-eastern China. Four further models are to follow up to 2026, with VW seeking to profit from the booming Chinese market for electric cars, where Chinese maker BYD has had the upper hand. "Electric models, like the new ID. Unyx are the key to winning over you

As the global automotive industry rapidly electrifies, China’s consolidation of electric vehicle supply chains has caused geopolitical tensions. This has led both the United States and European Union to raise import tariffs on Chinese EVs – risking a possible trade war. This DGAP Policy Brief compares the approaches of the US and EU and recommends how Germany can support the EU’s position while ensuring fair competition for its automotive industry.

Is it any company with a factory in the Old Continent or one with its headquarters there? The answer will raise even more important questions.

Chinese car maker looks at a world of car plants in drive to dominate global EV sales

BYD's flexible pricing strategy, expansion into new markets, and development of luxury and plug-in hybrid vehicles position it for long-term success. See more here.

BYD, a Chinese automotive and technology giant, has announced a $1 billion investment in Türkiye, with plans to establish production facilities in the Manisa

“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...