Etiqueta: Volkswagen

BYD unveiled a new battery and charging system that can charge almost as fast as it takes to refuel a regular car. Tesla's Chinese rival will start selling vehicles with the new technology next month. The stock climbed as much as 6% at the open of trading in Hong Kong Tuesday, lifting its market value to almost $162 billion — more than Ford Motor, General Motors and Volkswagen combined. Danny Lee reports. (Source: Bloomberg)

(Bloomberg) -- BYD Co. shares jumped to an intra-day record after unveiling a line-up of electric vehicles supported by ultra fast-charging that the Chinese automaker says will allow them to charge almost as fast as it takes to refuel a regular car.Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plan

(Bloomberg) -- BYD Co. unveiled a new system for electric cars that the Chinese automaker says will allow them to charge almost as fast as it takes a regular car to refuel.Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressThe Dark Prophet of Car-Clogged CitiesSaving the Signature Sound of Washington, DCBYD’s new battery and charging system was

After dominating in China, BYD is making an aggressive push into Europe. With another EV plant reportedly coming soon, this...

Chinese electric vehicle giant BYD is considering Germany for a possible third assembly plant in Europe, a source familiar with the matter told Reuters, after the region's biggest economy and car market opposed EU tariffs on China-made EVs last year. Chinese carmakers are looking to set up manufacturing and assembly plants in Europe as they seek to sell more lower-cost cars in the region to challenge European competitors as demand slows in China, the world's largest car market. Executive vice-president Stella Li said in an interview earlier this month with Automobilwoche that BYD was considering a third facility to serve the European market in the next two years - in addition to the two it is building in Hungary and Turkey - but she did not say where.

Chinese electric vehicle giant BYD is contemplating the establishment of its third assembly plant for new energy vehicles (NEVs) in Germany. This consideration…

BYD has patented the Denza Z9 GT in India, signaling a possible launch. This luxury estate features a high-tech cabin, advanced comfort features, and powerful powertrain options.

Volkswagen is considering a shift towards military production as its auto business faces challenges, including high costs and declining profits. CEO Oliver Blume stated the company is open to exploring military vehicle production. This move comes amid increased European military spending and Volkswagen's need to support its struggling business. Potential collaborations with defence companies like Rheinmetall are being discussed.

Xiaomi EV entered CPCA's monthly leaderboard for the first time, coming in at No. 9 in the NEV market with 23,728 sales and a 3.4 percent share.

The group sold more currywurst units than cars as profits after tax fell 30 per cent