EV

China EV Giant BYD to Build First Europe Plant in Hungary – FAS

The carmaker has said it is still looking for the right location and would make an announcement at the end…

4 months ago

Buffett Sells $25.8 Million More BYD Shares, Stake Down by 61%

Berkshire’s latest stake sale in BYD came on the heels of the EV-maker’s financial results this week, in which the…

4 months ago

China’s BYD Posts Highest Ever Quarterly Profit With 82% Jump

The electric vehicle giant continues to preserve its domestic market leadership despite softer demand and increased competition

4 months ago

EU to Target Chinese Steel for Subsidies After EVs, Wind Turbines

The move will likely be announced at a summit with the US, which had asked Brussels to move against Chinese…

5 months ago

German Carmakers Fear EU’s China EV Probe: Minister – Politico

Germany’s economy minister said the country’s carmakers are “afraid” of retaliation from Beijing over potential EU duties targeting Chinese electric…

5 months ago

China Issues Gallium, Germanium Licences as Exports Sink

The announcement came after customs data showed China had completely blocked its exports of germanium and gallium products in August

5 months ago

France Reworks Subsidy Criteria to Cut-Off Chinese EVs – Nikkei

France’s decision — which follows an EU investigation into Chinese state subsidies for EV production — is aimed at reducing…

5 months ago

Tesla Sues China Chip Designer for ‘Stealing Tech Secrets’

Among major backers of the chip designer is smartphone giant Xiaomi, which won approval last month from China's state planner…

6 months ago

Wild Rally Makes VinFast World’s Third-Most Valuable Carmaker

Shares of the still loss-making automaker have rallied more than 333% over the past five days, reaching a valuation of…

6 months ago

China’s Xpeng to Buy Didi’s EV Unit In Up To $744 Million Deal

The deal is another shot in the arm for the currently loss-making startup, coming on the heels of a stake…

6 months ago

India May Slash EV Import Tax From 100% to 15% With Tesla Push

New Delhi will move slowly in considering the tax cut as any lowering of taxes on imported EVs could disrupt…

6 months ago

VinFast Shares Jump 109% to Near Four Times Initial Valuation

The moves followed reports that South Korea's Star Group Industrial, which supplies magnets to VinFast and Hyundai, is investing $80…

6 months ago