China's BYD overtakes Tesla
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BYD took 13 months to build five million electric and hybrid cars. Read more at straitstimes.com. Read more at straitstimes.com.
SHANGHAI (Reuters) -Chinese electric vehicle champion BYD has slowed its production and expansion pace in recent months by reducing shifts at some factories in China and delaying plans to add new production lines, said two people with knowledge of the matter.
Customers buying a qualifying new energy vehicle (EV), which includes electric cars and hybrids, can receive a 12% rebate — up to a maximum CNY20,000 (US$2,850 or $3,672).
From EV battery giants in China venturing into shipbuilding to BYD’s ambitious plans in Brazil, here are seven EV stories you may have missed.
Facing rising geopolitical tensions and uncertainty surrounding US trade policy under President Donald J. Trump, Chinese EV maker BYD has put plans for a large-scale factory in Mexico on hold. Beijing fears technology could leak Previously, in March 2024 ...
WHEN BYD, China’s biggest electric carmaker, offered a $1bn investment in the summer of 2024, Turkey rolled out the red carpet. Recep Tayyip Erdogan, the country’s president, attended the signing ceremony. Officials in Manisa, where the company plans ...
SHANGHAI (Reuters) - Chinese electric carmaker BYD Co Ltd has opened a new lithium battery plant in the northwestern province of Qinghai, which will be the world's biggest when construction is fully completed next year, it said on Thursday. The factory ...
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