- November 22nd, 2024
Over the past decade, the electric vehicle (EV) market has seen significant strides, thanks to remarkable advancements in battery technology. As battery energy densities have soared and production costs have plummeted, EVs are now on a trajectory to compete head-to-head...
Chinese electric vehicle company BYD expects its third-quarter net profit to double due to robust sales and effective cost control. The company predicts a net profit of between 9.55 billion yuan ($1.31 billion) and 11.55 billion yuan for the July...
The automotive industry's rise of affordable electric vehicles (EVs) has sparked a convergence of economic, environmental, and political interests, pushing China and the European Union towards closer cooperation, despite the ever-evolving global dynamics. This transformation has significantly impacted the geopolitical...
Chinese automaker BYD is under investigation by the Directorate of Revenue Intelligence (DRI) over allegations of underpaid taxes on imported parts used in assembled cars sold in the country, reports the news agency Reuters. The DRI claims BYD, China's biggest...