Category: BYD
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China’s BYD expects to swiftly lift sales in Germany, executive tells FAS By Reuters
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FRANKFURT (Reuters) – Chinese electric car maker BYD (SZ:) executive vice president Stella Li said she expects its sales in Germany to increase within six months. BYD will gain a foothold in Germany in “less than half a year,” Li told the Frankfurter Allgemeine Sonntagszeitung (FAS) newspaper. She criticized EU…
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BYD now owns 100% of Denza – a Mercedes JV in China (Pink Current Info:BYDDF)
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BYD (OTCPK:BYDDF) has taken full control of its joint venture with Mercedes-Benz (OTCPK:MBGAF) in China by buying the remaining 10% stake in Shenzhen Denza New Energy Automotive, according to Knife Post mail. The acquisition was completed on September 14, 2024, and will be followed by the acquisition by BYD (OTCPK:BYDDF).)…
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China’s BYD plans car plant in Karachi as part of Pakistan entry By Reuters
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KARACHI (Reuters) – Chinese electric vehicle giant BYD on Saturday announced plans to open a car manufacturing plant in Pakistan where it will also start selling three models through a partnership with Mega Motors. BYD is the first major company to enter the new electric vehicle space in the Pakistani…
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China’s BYD plans car plant in Karachi as part of Pakistan entry By Reuters
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KARACHI (Reuters) – Chinese electric vehicle giant BYD on Saturday announced plans to open a car manufacturing plant in Pakistan where it will also start selling three models through a partnership with Mega Motors. BYD is the first major company to enter the new electric vehicle space in the Pakistani…
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China’s BYD opens EV factory in Thailand, first in Southeast Asia By Reuters
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Written by Chaiyut Sittbonsarng RAYONG, Thailand (Reuters) – China’s BYD opened an electric vehicle factory in Thailand on Thursday, the company’s first in Southeast Asia, a fast-growing regional market for electric vehicles where it has become the dominant player. “Thailand has a clear vision for electric vehicles and is entering…
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BYD unveils new hybrid tech as battle with gasoline rivals heats up By Reuters
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SHANGHAI (Reuters) – China’s BYD on Tuesday launched the latest version of hybrid technology that improves fuel economy and cost, increasing competition with the likes of Toyota (NYSE:) and Volkswagen (ETR:) which still mainly sells gasoline cars. BYD Chairman Wang Quanfu unveiled the fifth-generation hybrid technology that achieves record-low fuel…