Friday, 28 March 2025
BYD electric cars waiting to be loaded onto a ship for export at the international container terminal of Taicang Port in Suzhouin February 2024 (AFP)
BusinessElectric Vehicles (EVs)NewsTransport

Sales surge in 2024 for Chinese EV giant BYD

BYD's quarterly revenue surpassed global rival Tesla's for the first time during the third quarter last year.

FILE PHOTO: People look at the newly unveiled Onvo L60 SUV, the first vehicle of Chinese electric vehicle (EV) maker Nio's new lower-priced brand, in Shanghai, China May 15, 2024. REUTERS/Zoey Zhang/File Photo
BusinessElectric Vehicles (EVs)NewsTransport

Chinese EV makers extend buying incentives as price war enters third year

The incentives are intended to encourage purchases before the government subsidy schemes for the new year start.

A drone view shows BYD's new electric vehicle (EV) factory's construction site in Camacari, Brazil December 26, 2024. REUTERS/Joa Souza
AnalysisBusinessElectric Vehicles (EVs)IndustryLegislationManufacturingRegulations

What happens next to workers in ‘slavery-like conditions’ at BYD’s site in Brazil?

Brazil rescues 163 Chinese workers from BYD site in "slavery-like conditions"; negotiations for their protection ongoing.

A drone view shows BYD's new electric vehicle (EV) factory's construction site in Camacari, Brazil December 26, 2024. REUTERS/Joa Souza
BusinessElectric Vehicles (EVs)IndustryLegislationManufacturingNewsRegulations

Brazil yanks temp work visas for China’s BYD after trafficking claims

Brazil has suspended temporary work visas for BYD after 163 Chinese workers were found in "slavery-like conditions" at a site in Bahia.

A drone view shows BYD's new electric vehicle (EV) factory's construction site in Camacari, Brazil December 26, 2024. REUTERS/Joa Souza
AnalysisBusinessElectric Vehicles (EVs)LabourNewsTransport

What is China’s Jinjiang, the BYD contractor under fire in Brazil?

Jinjiang has rejected the claim about workers in slavery-like conditions in a Brazil factory.

A Chinese-made Haval H6 SUV is seen on Reforma Avenue in Mexico City (AFP)
AutomotiveBusinessElectric Vehicles (EVs)NewsTradeTransport

Move over Mercedes: Chinese cars grab Mexican market share

Asian brands benefited from an exemption from import tariffs on electric vehicles.

A drone view shows BYD's new electric vehicle (EV) factory's construction site in Camacari, Brazil December 26, 2024. REUTERS/Joa Souza
AutomotiveBusinessElectric Vehicles (EVs)LabourNewsTransport

Brazil says workers at China’s BYD site are victims of human trafficking

BYD affiliate Jinjiang said that the portrayal of the workers as "enslaved" was inaccurate.

FILE - A sign is displayed at an electric vehicle charging station, March 8, 2024, in London, Ohio. (AP Photo/Joshua A. Bickel, File)
AnalysisElectric Vehicles (EVs)NewsTransport

Five facts about electric vehicles in 2024

Electric vehicles had another whirlwind year around the globe, driven by buyers in China.

FILE PHOTO: Cars at BYD's first electric vehicle (EV) factory in Southeast Asia, in Rayong, Thailand, July 4, 2024. REUTERS/Chalinee Thirasupa/File Photo
BusinessElectric Vehicles (EVs)LabourNewsTransport

BYD contractor denies ‘slavery-like conditions’ claims by Brazilian authorities

Brazilian labor authorities had on Wednesday said they found 163 Chinese nationals working in "slavery-like conditions."

A man mops a floor near a Toyota FT-3e during the Indonesia International Auto Show in Tangerang, Indonesia, July 18, 2024. REUTERS/Ajeng Dinar Ulfiana/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNews

Toyota global production down for 10th month despite rising sales

Toyota's global production fell 6.2 per cent in November, marking a 10th month of decline, despite a 1.7 per cent rise in worldwide...

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