American manufacturers like Tesla, Ford, and General Motors have dominated the EV space over the past few years, but there's a strong fear that BYD ’s supposed arrival may alter this. The American EV landscape started as somewhat of a playground for domestic innovation,
EV manufacturers are driving the EV revolution forward, fueled by rising consumer demand, technological progress, and regulatory backing, positioning the sector as a promising investment opportunity.
There’s a Shark circling one of the greatest profit pools for American automakers globally, as Chinese automaker BYD Auto expands its reach and product portfolio with a pickup truck.
The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.
Last month the vehicle manufacturing giant warned that the poor performance of its Chinese joint ventures would force it to write down assets.
BYD Korea will ratchet up pressure on overseas carmakers here — particularly non-luxury brands with limited electric and hybrid lineups — as they are at growing risk of losing their identity as cost-effective carmakers amid the upcoming influx of ultra-cheap Chinese vehicles,