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Chinese electric vehicle producers continue to expand around the world, and we’ve got a few new expansions to share. BYD is moving into Pakistan, Zeekr is moving into Japan, and NIO is moving into UAE. We also have news of Ford and Tesla selling electric vehicles in new markets.
Nearly a quarter of the global population lives in four countries in South Asia that are among the world’s most polluted: Bangladesh, India, Nepal and Pakistan. If these reductions are sustained, Chinese citizens can expect to live about 2 years longer than they would have prior to their aggressive reforms.
A new study finds that the growth of carbon production from Chinese exports has slowed or reversed, reflecting a “new phase of globalization” between developing countries that could undermine international efforts to reduce emissions. The paper is published in Nature Communications.
With Saudi Arabia's refined fuel contributing to the global supply glut, what will be its impact on the refining markets especially those in Asia? How will Saudi Arabia Capture Market Share Downstream? However, one cannot easily neglect the Indian and Chinese refiners. By offering almost 2.8 per barrel in first quarter of 2015).
China’s leading automaker, BYD , is reportedly planning to build yet another EV factory overseas as it looks to take on new global markets. The facility will kick off BYD’s entry into Pakistan, the fifth-most populated country in the world. It’s even cracking into Japan’s auto industry, a market dominated by Toyota.
Both markets remain extremely important, though China seems to be the one poised for the most growth in the years to come.& However, America seems increasingly interested in distancing itself from the nation while Germany has grown more reliant on the Chinesemarket. This purchasing power should benefit us." influence.&
With overseas sales surging 83% last month, BYD is looking for even more market share in 2025. Like most Chinese automakers, BYD reports NEV sales, including battery electric (EV) and plug-in hybrid (PHEV) vehicles. BYD is opening several new EV plants overseas as it looks to gain market share in key markets.
With China’s auto market becoming flooded with low-cost competitors, BYD is looking to key overseas markets to drive growth. After opening its first plant in Thailand earlier this year, a booming EV region, BYD plans to open up shop in another major Southeast Asian market.
The worlds largest electric vehicle maker is becoming a force in the global auto market. As a new wave of homegrown EVs arrives in China, BYD is focusing on overseas markets to drive growth in 2025. BYD is already the leading EV maker in Indonesia, accounting for over a third (36%) of the market. After selling a record over 4.27
Ford is slashing another 4,000 jobs in Europe as it struggles to keep pace with the market’s shift to electric vehicles (EVs). The American automaker said a “highly disruptive” EV market and new competition are causing significant losses in the region. A Ford spokesperson confirmed the move, citing a “rapidly deteriorating” EV market.
Strong growth in established markets is combining with rapid acceleration elsewhere to make solar additions higher than ever before. Ember’s data on Chinese solar export reveals significant growth is also emerging in new markets such as Pakistan and Saudi Arabia, as well as the Philippines, the UAE, Thailand, and Oman.
BYD store in Thailand (Source: BYD) BYD opened its first plant in Thailand, a key auto hub and growing EV market, last month. It’s also planning to open facilities in Mexico, Hungary, Brazil, Turkey, and Pakistan. Despite Canada’s decision to impose a 100% tariff on Chinese EV imports, BYD has been eyeing selling vehicles there.
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