BYD is a powerhouse in China and sells the most electric vehicles of any company in the world. Now it has a plan to attract buyers in Europe’s largest economy.
The law is part of the E.U.’s ambitious plans to make the 27-member bloc carbon neutral by 2050.
The law is part of the E.U.’s ambitious plans to make the 27-member bloc carbon neutral by 2050.
Focusing on electric vehicles, Volkswagen aims for growth in North America, though it could face tough competition.
Focusing on electric vehicles, Volkswagen aims for growth in North America, though it could face tough competition.
German authorities cleared the plant, which was built near Berlin, to open for production. Tesla plans to build 500,000 electric cars a year there.
Herbert Diess, who angered workers by mentioning the possibility of job cuts, will hand over some authority to a deputy.
Herbert Diess, the chief executive, seeks to cast VW as a dynamic, modern company, but his style risks the ire of its powerful works council.