The EU Commission has opened an investigation into the new car manufacturing plant by the Chinese firm BYD in Hungary. The focus of the probes is drawn by concerns on the possibility of the project having benefitted from subsidies outlawed under the laws of the European Union and hence gave an unfair inclination to the competition. Chinese automaker BYD is...
As the largest EV manufacturer in the world, BYD is successfully placing its bet in Europe, where tariffs are becoming an increasing concern. The Chinese makers of electric cars are considering establishing a new manufacturing plant in the third continent. Despite new tariffs on Chinese EVs that make BYD's market entry more strenuous, the company aims at further establishing its...
As electricity has proven itself as the alternative to internal combustion engines and most major manufacturers have taken a leap towards this technology, most of it's available applications imply batteries. Volkswagen, a company that is a bit behind in this field has announced that it will soon produce such a vehicle, most likely we're talking about a car based on...
