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China says it will ‘rein in’ the flood of EVs coming our way

Baua Electric

BYD Atto 3 (Source: BYD) Europe and the US say that Chinese EV development is running wild and unchecked and on the verge of overwhelming the global market with, well, EVs the rest of the world can’t compete with. China last year overtook Japan as the world’s biggest car exporter ­– but most of those were ICE vehicles sold to Russia.

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Europe may slap retroactive tariffs on Chinese EVs

Baua Electric

Back in October 2023, Europe launched its formal investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the European Union. BYD alone sold 1.6 But now Europe may enforce its own tariffs. million overall BEV sales.

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China gave BYD an incredible $3.7 billion to ‘win’ the EV race

Baua Electric

China has been heavily subsidizing its green tech sectors, but homegrown EV company BYD is a favorite child of the bunch, receiving enormous subsidies to the tune of at least $3.7 Germany’s Kiel Institute for the World Economy reported that BYD received €220 million in 2020 to €2.1 BYD reported a net income of $4.16

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BYD has no plans to enter the US Market amid “complications’ [Feature]

Teslarati

China’s top new energy vehicle manufacturer, BYD, has no plans to enter the United States auto market. BYD Executive Vice President and CEO of BYD Americas sat down with Yahoo Finance , and talked about the Chinese automaker’s lack of presence in the US Market and the global electric vehicle (EV) market.

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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

REDDIT STUMBLE UPON MYSPACE MIXX IT Paste this link into your favorite RSS desktop reader See all CNNMoney.com RSS FEEDS ( close ) By Marc Gunther Last Updated: April 13, 2009: 9:29 AM ET Warren Buffett with BYDs E6. BYD CEO Wang Chuan-Fu figured out how to make cheaper batteries than the Japanese by replacing machines with migrant workers.

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2020 Top 10 Countries in the Global EV Revolution

EV Sales

Tesla’s now-made-in-China Model 3 won the local crown with 140k sales, but the real surprise was the teeny and dirt-cheap WHGMiEV (see the linked story to decipher the acronym), launched only mid-year and reaching 120k, the second Chinese model to score 6 digits in a year. In South America BYD seems the only E-bus act in town.

2020 52