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Beijing Blasts Eu For Protectionism While China Ev Stocks Slide

Beijing on Thursday blasted the launch of a probe by the European Commission into China’s electric vehicle (EV) subsidies as protectionist and warned it would damage economic and trade relations, as shares in Chinese EV makers slipped.  European Commission President…

BYD Files Trademark For Seagull Electric Hatchback In India

Chinese electric vehicle giant BYD has filed a trademark for its Seagull electric hatchback, hinting at its plans to bring the car to Indian shores. The Seagull was globally unveiled back in April 2023, at the Shanghai 2023 Motor Show as the…

BYD Atto 3 Electric SUV Outsold Tesla Model Y In Sweden Last Month

The Tesla Model Y was Europe’s best-selling car overall in the first half of this year, but competition from Chinese automakers is already starting to show its teeth.  While it may or may not be a sign of things to…

China’s Largest Carmaker BYD Faces Tax Investigation In India

Chinese automaker BYD is under an ongoing investigation by the Directorate of Revenue Intelligence (DRI) over allegations of underpaid taxes on imported parts used in its assembled cars sold in the country, reported news agency Reuters.  The DRI claims that…

BYD’s Electric Car Manufacturing Plan in India Faces Political Scrutiny, Wants To Drop $1 Billion EV Investment Plan

BYD, the world’s largest producer of electric vehicles (EVs) and plug-in hybrid vehicles, is facing potential challenges with its electric cars manufacturing plan in India. The Indian government has been subjecting investments from Chinese companies to closer scrutiny since 2020,…

BYD Widens Lead Over Volkswagen As China’s Top-Selling Car Brand

BYD extended its lead over Volkswagen as China’s top-selling carmaker, with its wide range of electric vehicles (EV) proving hugely popular among local buyers.   After dethroning the German giant for the first time earlier this year, BYD notched up 595,300…

India Blocks $1 Billion Bid By China’s BYD to Set Up EV Factory

India rejected Chinese carmaker BYD Co.’s proposal to build a $1 billion electric-vehicle plant in partnership with a local company, according to people with knowledge of the matter.  The Indian government dismissed the plan from BYD and Hyderabad-based Megha Engineering…

Toyota Recalls 12,000+ EVs Developed With Warren Buffett-backed BYD In China

BYD, the China electric vehicle and battery leader backed by Warren Buffett’s Berkshire Hathaway, said on Sunday sales of new energy vehicles nearly doubled in June from a year earlier to 253,046 from 134,036 a year earlier, underscoring the popularity…

Olectra Greentech’s Partnership With BYD Motors And Megha Engineering in India Rejected

Olectra Greentech, a unit of MEIL, has been working with Chinese electric vehicle giant BYD Motors to develop electric buses. However, the Indian government has rejected a plan by BYD Motors and Megha Engineering and Infrastructures Ltd (MEIL) to set…

Govt Rejects Chinese BYD Motors’ Plan To Build $1 bn EV Plant

As the government gears up to welcome Elon Musk’s Tesla to set up a supply chain ecosystem in the country in the foreseeable future, the Centre has reportedly rejected Chinese electric vehicle (EV) giant BYD Motors’ plan to set up…