Chinese Automakers Expand Global Presence
BEIJING – As foreign regulators scrutinize China-made electric car imports, Chinese automakers are strategically expanding their manufacturing footprint across the globe. Here’s a glimpse into their ambitious plans: BYD: Pioneering EV Production Worldwide BYD, the world’s largest electric vehicle (EV) … Continue reading Chinese Automakers Expand Global Presence
Germany to Become World Leader in EV Production
Berlin – In a new study, McKinsey predicts that Germany will overtake China in making electric vehicles. In its 2020 “Electric Vehicle Index,” business consultants McKinsey & Company see a shake-up coming in the electric vehicle sector. “The market share … Continue reading Germany to Become World Leader in EV Production
IAA 2019: First presentation of BYTON M-Byte
Munich – BYTON, the premium brand for smart electric vehicles, will continue its tradition of major announcements at the IAA Frankfurt with the first look at its M-Byte SUV. Two years ago, the BYTON founding team announced the brand’s foundation during … Continue reading IAA 2019: First presentation of BYTON M-Byte
China: Car sales fall short of expectations
Beijing – China announced a series of measures to revive slumping car sales, but failed to meet market expectations as it included no plans to relax controls over the issuance of new licenses for traditional-fuel cars in major cities. Beijing … Continue reading China: Car sales fall short of expectations