BYD, Mercedes-Benz
BYD takes full control of Denza JV as Mercedes-Benz pulls back from China amid trade tensions
Benz, gaining complete control of the Denza brand amid rising trade tensions. The partnership lasted 13 years, ending as Mercedes reduced its stake due to poor sales while Denza’s new models gained popularity.
Mercedes-Benz exits luxury EV joint venture with BYD, Chinese OEM takes control
Mercedes-Benz has sold its remaining 10% stake to BYD, giving the Chinese electric car giant full control of the joint venture, under which the two auto OEMs were developing and manufacturing luxury electric vehicles.
Mercedes-Benz Sells out of China EV Maker as Luxury Spending Drops
Mercedes-Benz Group sold its remaining 10% stake in premium EV and hybrid maker Denza to BYD in the wake of disappointing sales locally.
Chinese EV maker BYD sets higher annual sales target, brokerage report shows
Chinese electric automaker BYD , aims to sell 4 million vehicles this year, Morgan Stanley said in a report on Monday, suggesting an 11% upward revision to the company's 2024 sales target set earlier this year.
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 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.
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 ...
EconoTimes20h
BYD Still Poised to Offer Cheapest EV in US Despite 100% Tariff on Imports
Despite a new 100% tariff on Chinese EV imports, BYD will still offer the cheapest electric vehicle in the US, priced under ...
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 ...
motortransport1d
Chinese EV manufacturer BYD debuts 19 tonne electric truck at IAA Transportation 2024
Chinese EV manufacturer has launched its latest electric truck - the 19 tonne ETH8 - into the European market at IAA ...
electriccarsreport.com10h
BYD showcases new electric LCV and Yard Tractor for European market at IAA Transportation 2024
Chinese biggest EV maker BYD is showcasing a stellar lineup of pure-electric commercial vans and trucks at IAA Transportation ...
Electrek9d
BYD launches the new Han EV powered by its latest tech, starting at just $25,000
BYD cut the price of the new DM-i (PHEV) Han by about 2% (4,000 yuan), which now starts at just $23,300 (165,800 yuan). Powered by its new DM 5.0 hybrid system, the PHEV consumes 3.8 L per 100 km on ...
securities4h
Has Your EV’s Battery Capacity Diminished? Blame Hydrogen
Losing Batteries’ Energy Even after decades of utilizing them in electronics—and now EVs—we still do not fully understand lithium-ion batteries. For example, one such issue is the tendency of ...