EVExpansion

BYD Aims to Dominate Korean Market with Ambitious Plans to Double Sales Network

2 months ago

In a bold strategic move, BYD, the Chinese electric vehicle (EV) manufacturer, has announced plans to double its sales network in South Korea within the next year. This initiative is set to intensify the competition with local automotive giant Hyundai, which currently holds a strong market position in the region.

XPeng Eyes Expansion in Europe and Latin America to Boost Electric Vehicle Production

2 months ago

XPeng, a rising star in the electric vehicle (EV) sector, is contemplating a significant increase in its manufacturing footprint as it sets its sights on the European and Latin American markets. This strategic move comes as the company aims to enhance its production capabilities and establish a stronger presence in regions that are increasingly shifting towards sustainable transportation options.

Xiaomi Sets Ambitious Plans to Expand EV Production Facility in Beijing Amidst Rising Demand

2 months ago

In a strategic move to capitalize on the rapidly growing electric vehicle (EV) market, Xiaomi has announced plans to expand its production capacity at its Beijing factory. This decision comes as the company experiences a surge in demand for its electric vehicles, reflecting a broader trend in the automotive industry that is seeing manufacturers pivot towards sustainable transport solutions.

Sheinbaum Questions BYD's Commitment to Mexico Plant Amid Electric Vehicle Expansion Plans

6 months ago

In a recent development that could have significant implications for the electric vehicle (EV) market in Mexico, Claudia Sheinbaum, the head of the Mexico City government, has raised concerns about the strength of Chinese automaker BYD's plans for a new manufacturing facility in the country. The remarks come as BYD, a leader in the EV industry, is in the midst of expanding its global production capabilities to meet rising demand for battery-powered vehicles.

BYD Strengthens European Ambitions with Key Hire from Stellantis

7 months ago

In a significant move to bolster its European presence, Chinese electric vehicle (EV) manufacturer BYD has reportedly appointed the former head of Stellantis UK, which signals an aggressive expansion strategy in a competitive automotive market.