Saturday, 14 September 2024

Focus on BYD

Security guards stand at the BYD booth at the Auto Shanghai show, in Shanghai, China April 19, 2023. REUTERS/Aly Song/File Photo
AutomotiveBusinessElectric VehiclesIndustryManufacturingNews

China’s BYD ramps up hiring as Beijing prioritises employment

BYD has increased its workforce to more than 900,000 people, making the Chinese EV giant one of the largest employers in the country.

FILE PHOTO: Employees work at the Northvolt facility in Vasteras, Sweden, September 29, 2021. REUTERS/Helena Soderpalm/File Photo
AnalysisElectric VehiclesPoliticsStorage

Struggling Northvolt stokes fear for Europe’s battery future

Northvolt's decision to cut jobs and scale back operations raises doubts about Europe's bid for a leading EV battery maker.

FILE PHOTO: A man wipes the floor near the Toyota Prius PHEV and Toyota BZ4X during the Indonesia International Auto Show in Tangerang, Indonesia, July 18, 2024. REUTERS/Ajeng Dinar Ulfiana/File Photo
EconomyElectric VehiclesIndustryLegislationNewsPoliticsTrade

US House passes bill targeting China that would limit EV tax credits

The House voted 217-192 to tighten rules limiting Chinese content in EVs eligible for U.S. tax credits; Senate yet to act.

FILE PHOTO: A staff member cleans the Geely Galaxy E8 electric vehicle at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang/File Photo
BusinessElectric VehiclesManufacturingNews

China’s Geely scouting locations for Europe plant

Geely is exploring locations for a potential EV plant in Europe but hasn't fully committed, with talks ongoing in Poland.

FILE PHOTO: General view of the 45th Bangkok International Motor Show in Bangkok, Thailand, March 25, 2024. REUTERS/Chalinee Thirasupa/file photo
AutomotiveBusinessEconomyElectric VehiclesNewsPoliticsTransport

Thailand’s EV makers seek to renegotiate govt incentives as sales slow

Manufacturers push for an extension of deadlines to keep Thai EV incentives as sales miss expectations.

FILE PHOTO: The BYD logos are displayed at the 45th Bangkok International Motor Show in Bangkok, Thailand, March 25, 2024. REUTERS/Chalinee Thirasupa/File Photo
AutomotiveBusinessElectric VehiclesNewsTransport

Chinese EV maker BYD sets higher annual sales target, brokerage report shows

BYD annual sales goal of 4 million vehicles for 2024 would put the EV manufacturer almost on a level with Ford Motor.

FILE PHOTO: A BYD Seal electric vehicle (EV) is displayed at a car dealership in Shanghai, China, February 3, 2023. REUTERS/Aly Song/File Photo
AutomotiveBusinessElectric VehiclesNewsPoliticsTradeTransport

China auto suppliers, EV makers flood major trade fair in Germany

To gain a foothold amid looming tariffs, Chinese EVs come to Germany to show off vehicles at trade fair.

FILE PHOTO: A worker processes platinum group metal (PGM) ores at a smelter complex during a visit by U.S. Deputy Treasury Secretary Wally Adeyemo at a platinum mine owned by Sibanye Stillwater, as part of his five-day visit to the country, in Marikana, outside Rustenburg, northwest of Johannesburg, South Africa, March 14, 2024. REUTERS/Siphiwe Sibeko/File Photo
AnalysisAutomotiveBusinessCritical MineralsElectric VehiclesIn-DepthMineralsTransport

Analysis: Hybrid cars throw lifeline to platinum metals

As consumers increasingly turn to hybrid cars over pure EVs, the exhaust-cleaning platinum metals rise above the expected drop in demand.

FILE PHOTO: Security guards stand at the BYD booth at the Auto Shanghai show, in Shanghai, China April 19, 2023. REUTERS/Aly Song/File Photo
AutomotiveBusinessElectric VehiclesNewsTransport

Chinese car sales fall for fifth straight month

Subsidies for petrol-powered vehicles help boost EVs in China car sales even as overall picture continues slump.

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