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China’s top electric vehicle maker BYD is overhauling its European strategy after a series of early missteps, including slow dealer expansion and failing to offer hybrids in key markets, according to six company insiders. BYD’s initial European expansion, launched in 2023, fell short of expectations as the firm struggled to adapt its China-born strategy to…
Tesla’s share price has shown a technical pattern known as the “death cross,” often interpreted as a bearish signal for future performance. The development comes amid ongoing market volatility driven by trade tariffs and broader economic uncertainty, placing further scrutiny on the electric vehicle manufacturer and its leadership. According to Business Insider, Tesla’s 50-day moving…
Chinese automaker BYD has unveiled plans to unroll advanced self-driving technology on nearly all its cars, including budget models priced below $10,000. The company also said it would integrate AI startup Deepseek’s software into its cars, following domestic peers such as Geely, Great Wall Motors, and Leapmotor. BYD is Tesla’s biggest rival in China and…
Listen to article Chinese automaker BYD has unveiled plans to roll out advanced self-driving technology in nearly all of its vehicles, including budget models priced below $10,000. The company has also announced its collaboration with AI startup DeepSeek, which will provide software to enhance its autonomous driving systems. BYD, which competes directly with Tesla in China and…
Rio de Janeiro, Brazil — Authorities in Brazil said Friday they are probing Chinese auto giant BYD and one of its contractors for suspected “trafficking” of Chinese workers building a factory in the South American country. Federal prosecutors in Brazil are weighing possible criminal action after labor inspectors found 163 Chinese workers “in slave-like conditions”…
RIO DE JANEIRO: Chinese workers at a construction site in Brazil for a factory owned by China’s electric vehicle producer BYD are victims of human trafficking, Brazilian labour authorities said on Thursday (Dec 26) in a growing controversy in BYD’s biggest overseas market. BYD and contractor Jinjiang Group have agreed to assist and house the 163…
