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...The state-owned company is exploring building two European factories....
...BYD already has a bus facility in Hungary, but the company wants a fully fledged car plant to realise its ambition of dominating the European electric vehicle industry by the end of the decade....
...Much of that growth came from China, where two-thirds of electric cars were already cheaper to purchase than their petrol equivalents, the IEA found....
...Chinese companies dominate the supply chains for resources, manufacturing and technologies crucial for electric vehicles and batteries as well as wind and solar energy....
...He was responding to claims made recently by the founder and chief executive of CATL, the Chinese company that dominates the electric vehicle battery industry, that the much-hyped solid-state batteries did...
...Thousands of imported vehicles, many of them electric cars made in China, are clogging up European ports....
...Uchida said on Monday that the company would explore new partners in Japan and the US as it looked to remain a major global player....
...industry disruption caused by the shift to electric vehicles and tougher emission rules....
...That gives it more resources to catch up on electric offerings, with strong hybrid sales bridging the transition....
...India’s biggest steel producer JSW and Chinese carmaker SAIC Motor on Wednesday launched a $1.5bn joint venture to build and sell MG-brand electric vehicles in the world’s most populous country....
...Companies that cannot respond to the changes will be wiped out,” said Honda’s president Toshihiro Mibe....
...into entering Thailand, the region’s second-biggest auto market, BYD holds the position as the biggest EV maker and the third-largest automaker for the overall passenger car market, according to research company...
...The company is Europe’s largest van maker and accounts for about half the UK electric van market. But it currently imports all mid-sized electric vans for the UK market from France....
...But the company also has a close eye on other markets....
...models, one of the company’s top executives has warned....
...Just when China’s electric car prices seemed like they could go no lower, BYD has announced one of its most aggressive rounds of price cuts yet....
...Earlier this month, plans lapsed for Dubai-headquartered mobility product company NWTN to acquire new shares of Evergrande NEV for about $500mn....
...The cobalt market has been overwhelmed by a record glut as Chinese companies boost their output, with the surplus of the key electric car battery metal set to last until 2028, according to an influential...
...As India’s first listed electric vehicle company, Ola Electric would give investors an initial opportunity to bet on the country’s EV adoption, which is so far concentrated in two-wheelers in one of the...
...The Volkswagen-owned luxury brand said it would continue selling its hybrid models into the next decade, watering down a previous plan to sell exclusively electric vehicles by 2030....
...Volvo Cars will stop funding its Polestar electric sports car brand and look at selling its shareholding to parent company Geely, as its latest results showed profits had been dragged down by the lossmaking...
...But the Indian company is working on catching up in the shift to electric by launching three of its own electric SUVs this year....
...The Sunderland plant, which started production in 1986, is Britain’s largest electric car factory....
...Ltd. proved those wrong. The battery group’s full-year earnings should handily beat analyst expectations....
...BYD has for much of the past year cornered a market share of about one-third of sales of plug-in hybrid and battery-powered electric vehicles in China....
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