BYD, Mercedes-Benz
BYD Moves to Full Control of Mercedes-Benz Venture in China
Chinese automaker BYD Co. has moved to fully control a joint venture it had in China with Mercedes-Benz Group AG, as an increasing number of foreign carmakers dial back their exposure to the world’s biggest auto market.
Mercedes-Benz Sells Out of China EV Maker as Luxury Spending Drops
Mercedes-Benz has sold its remaining 10% stake in premium EV and hybrid maker Denza to BYD in the wake of disappointing sales locally.
BYD takes control of Mercedes venture in China
Chinese automaker BYD Co has moved to fully control a joint venture it had in China with Mercedes-Benz Group AG, as an increasing number of foreign carmakers dial back their exposure to the world’s biggest auto market.
Mercedes EVs Quit China
Mercedes has ended its last relationship in China, which shows how difficult it is for legacy car companies from Europe, the US, and Asia to remain in the Chinese market while making a profit. According to The Wall Street Journal,
China: Mercedes-Benz speeds up digital transformation to tap Chinese market
Mercedes-Benz speeds up digital transformation to tap Chinese market (Voice_over) Beijing Benz, the 20-year joint venture between Mercedes-Benz Group and Chinese automaker BAIC Motor, is accelerating the digital transformation of its factories in China to remain competitive in the world's largest passenger vehicle market.
Mercedes Cuts Ties with BYD as Chinese Rival Gains Ground in Europe
Mercedes-Benz has officially ended its 13-year partnership with Chinese automaker BYD, marking the close of an era in their joint venture, Denza. The collaboration, which began in 2011, was initially created to produce affordable vehicles for the Chinese market.
Electrek1h
Volkswagen weighs another plant closure, this time in China as domestic EVs take control
Volkswagen is facing another possible plant closure, this time in China, the company’s largest market. Although China is VW’s ...
To Succeed in Europe’s EV Market, BYD Will Have to Win Over Wary Drivers
China’s EV giant is pursuing a rapid expansion in Europe and the UK, but it will have to overcome tariffs, political backlash ...
Chinese EV giant BYD ramps up hiring as Beijing prioritises employment
BYD , has significantly ramped up hiring, increasing its workforce to more than 900,000 people as of Friday, a senior manager ...
Electrek1d
BYD would still have the cheapest EV in the US, even with a 100% tariff
Even with the new 100% tariff on electric vehicles imported from China, BYD would still have the cheapest EV in the US. According to a new report, BYD’s lowest-priced EV would still undercut all US ...
autoevolution1d
BYD Wants to Conquer the Commercial Vehicles Face of Europe at IAA Transportation 2024
Based on market capitalization, China's BYD Auto is one of the most valuable car manufacturers in the world - and wants to ...
New Toyota bZ3C For China Looks Like A Prius Crossover
This is our best look at the production-spec version of the Toyota bZ3C, an eye-catching EV developed for the Chinese market ...
Nikkei Asia10d
BYD, Geely soar in China's crowded field as state carmakers slump
GUANGZHOU -- BYD and Geely Automobile Holdings were among China's major private automakers to report profit growth in the ...
BYD: Record Sales, Low Valuation
BYD's record sales growth, high profit margins, and global success make it a top investment in the EV sector, despite EU ...