China’s electric vehicle giant BYD is currently considering building a new factory in Germany according to a report by Reuters. The move is part of BYD’s plans to increase its presence in Europe and avoid tariffs that the European Union imposed on car imports...
Electric vehicle maker Lucid delivered a record number of cars in the fourth quarter, according to a report released by the company. This resulted in the company’s stock soaring 9% at one point in early trading.
Lucid said it delivered 3,099 vehicles in the quarter...
Chinese electric vehicle (EV) maker BYD is planning to open a new manufacturing plant in Karachi, Pakistan, marking its entry into the country. Through a partnership with Mega Motors, BYD plans to sell three of its EV models in Pakistan.
"Our entry into the Pakistani...
China is aiming to continue its manufacturing boom, boosting electric vehicle (EV) production to drive this initiative forward. Vice Finance Minister Liao Min claimed that this push would help to contain inflation while fighting climate change.
"For decades, China has been a force of disinflation...
Electric vehicle maker BYD continues to make its imprint on Thailand, the company’s largest market after its native China. BYD announced on Saturday the acquisition of a 20% stake in Rever Automotive, one of the largest Thai car dealers and its only local distributor.
Rever...
Less than a week after issuing a huge recall of its electric cars, EV maker Fisker has filed for bankruptcy.
Fisker faced a number of problems with its SUV Ocean, the only car the company produced. It lacked various basic features upon release while facing...
