
BYD Expands
Articles
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1 month ago |
evmagz.com | BYD Expands |Ivan Popov
BYD has introduced four electric commercial vehicles in the United Arab Emirates (UAE) in partnership with Al-Futtaim, as the two companies strengthen their collaboration in the region. The launch event, held in Dubai on February 26, marks BYD’s growing footprint in the UAE’s commercial vehicle market. The new lineup includes the ETM6 all-electric truck, designed for urban logistics with a 3.6-ton load capacity and a 126-kWh blade battery.
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Jan 13, 2025 |
indexbox.io | BYD Expands
In a significant downturn, German sports car maker Porsche AG has reported a 28% decline in its 2024 China sales. The news, detailed here, underscores ongoing challenges in the world's largest car market as economic growth remains sluggish. In 2024, Porsche's sales in China dropped to 56,887 vehicles from 79,283 in the previous year, putting pressure on its global sales which slightly decreased by 3% to 310,718 vehicles.
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Jan 13, 2025 |
indexbox.io | BYD Expands
China's vehicle exports are set to increase by 5.8% this year, reaching 6.2 million units, marking a slowdown from the 19.3% surge observed in 2024, according to recent data from the China Association of Automobile Manufacturers (CAAM). For further details, refer to the full report from Reuters. This deceleration in export growth comes amid a modest rise in domestic vehicle sales, which are forecasted to grow by 4.7% to 32.9 million units, compared to the 4.5% rise seen last year.
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Jan 10, 2025 |
indexbox.io | BYD Expands
DETROIT - In a strategic move to address declining sales, Stellantis has prioritized increasing its retail market share in the United States, its largest and most critical market, after several years of downturns. According to CNBC, the automaker plans to revitalize its U.S. presence by strengthening relationships with dealers through additional incentives and launching new products.
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Jan 10, 2025 |
indexbox.io | BYD Expands
DETROIT -- Ford Motors' operations in China have successfully generated approximately $600 million in profits last year, a notable achievement in the backdrop of challenging market conditions, as CEO Jim Farley announced. Farley's statement follows the vehicle reveal at the Detroit Auto Show, highlighting Ford's successful financial strategy in the region.
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