Sunday, 23 February 2025
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 Vehicles (EVs)NewsTransport

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 Vehicles (EVs)NewsPoliticsTradeTransport

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 Vehicles (EVs)In-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 Vehicles (EVs)NewsTransport

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.

FILE PHOTO: A vehicle drives near the Baunatal Volkswagen site, the day when Volkswagen's works council holds a regular meeting with workers in Germany to discuss matters including progress on its cost-cutting drive, in Baunatal, Germany, September 4, 2024. REUTERS/Timm Reichert/File Photo
AnalysisAutomotiveBusinessElectric Vehicles (EVs)ManufacturingNewsTrade

China, price cuts and costs: The fuel driving Volkswagen’s crisis

Volkswagen warns of accelerating competition from China, cutting its cost-cutting timeline and considering plant closures.

An attendee takes photos of the Chinese electric vehicle BYD models on display, during an event to announce the plans to open a car production plant in Pakistan, in Lahore, Pakistan August 17, 2024. REUTERS/Stringer/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

EVs will account for up to half of auto sales by 2030, BYD Pakistan says

China's BYD hopes that Pakistan EV sales will shoot up as it enters a market dominated by Japanese brands.

FILE PHOTO: A view of the BYD Seal at the Japan Mobility Show 2023 at Tokyo Big Sight in Tokyo, Japan October 25, 2023.  REUTERS/Issei Kato/File photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

BYD’s global expansion push runs into stiff Japan test

Discounts, marketing and installing chargers – BYD is pulling out all the stops to win over a skeptical Japanese market.

FILE PHOTO: The BYD Shark is displayed on the day Chinese EV maker BYD launches its new truck, on the Mexican market in an event in Mexico City, Mexico May 14, 2024. REUTERS/Henry Romero/File Photo
BusinessElectric Vehicles (EVs)ManufacturingNewsPolitics

Chinese electric carmaker BYD denies pause on Mexico plant plans

BYD denied a Bloomberg report claiming it delayed plans for a Mexico factory, stating no decision has been postponed.

FILE PHOTO: FILE PHOTO: The Tesla logo is seen on a car in Los Angeles, California, U.S., July 9, 2020.  REUTERS/Lucy Nicholson/File Photo/File Photo
BusinessElectric Vehicles (EVs)ManufacturingNewsPolitics

Tesla plans six-seat Model Y, production slated for 2025 in China, sources say

Tesla has asked suppliers to prepare accordingly for a double-digit increase of Model Y output at its Shanghai factory, said one of the...

FILE PHOTO: Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. REUTERS/Aly Song/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Tesla’s China-made EV sales rise 3% y/y in Aug

Sales of U.S. automaker Tesla's China-made electric vehicles grew 3% in August from a year earlier, data from the China Passenger Car Association...

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