The electric car company’s decision to slash prices appears to have paid off in reviving demand.
The global competition to attract semiconductor companies is expected to cost Berlin billions. Some wonder if it’s a good use of money.
Berlin has been pushing to allow the sale of vehicles running on synthetic fuels past 2035. Its dispute with the E.U. threatened the bloc’s climate goals.
Berlin and Brussels are scrambling for a solution after Germany calls for allowing cars to run on synthetic fuels. The move could endanger the E.U.’s climate goals.
The German automaker announced a plan to accelerate its transition to battery-powered vehicles and bolster operations in China and North America.
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.
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.
As temperatures drop amid an energy crisis, governments say power blackouts may be necessary to conserve electricity.
Plus Chileans vote on a new constitution and rickshaws lead India’s electric vehicle transition.
The $7 billion plant will eventually produce half a million S.U.V.s a year, the company said.