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The world's largest EV maker is halting plans to build a major factory in Mexico due to concerns about US trade policies.
Brazil’s vice-President and Development Minister Geraldo Alckmin said the government meeting at the Chamber of Foreign Trade will discuss the transition phase ahead of the hike in import tariffs for ...
China's BYD is poised to start assembling electric vehicles at a new factory in Brazil as early as this month, a top ...
As the likes of Ford and Mercedes retreat, Great Wall Motor and BYD are building factories and bringing affordable EVs and ...
Two of China’s largest electric vehicle manufacturers, BYD and Chery, have been caught up in a multimillion-dollar subsidy ...
The Brazilian trade panel known as Gecex-Camex decided on Wednesday to bring forward a tariff increase schedule for disassembled electric and hybrid vehicles imports, it said in a statement. Fully or ...
Sponsored Bank Accounts It has invested $620 million to set up the Bahia factory complex alone. Nearly one in five cars BYD sold outside China in the first 11 months of 2024 was in Brazil.
BYD had sent a surge of finished cars into Brazil this year to take advantage of temporarily lower tariffs, shipping some 22,000 from China in the first five months, according to Reuters calculations.
CAMACARI, Brazil (AP) — When Chinese automaker BYD Co. announced plans to build a massive factory in the hardscrabble city of Camacari, in Brazil’s northeastern Bahia state, locals saw a new ...
BYD's inroads in Brazil are in tandem with the company's global growth. The world's leading EV company logged a record $107 billion in revenue in 2024 as its sales of electric and hybrid vehicles ...
In Brazil, ample room for BYD to grow EVs are spreading fast in Brazil, Latin America’s most populous nation. Sales jumped 85% in 2024, reaching over 170,000 units, including fully electric and ...