Category: Manufacturing
Chinese EV Giant BYD May Never Sell a Car in the U.S., but It Will Everywhere Else
The Chinese government accused the United States of engaging in "classic protectionism" in response to Washington's drive to ensure Chinese-made EVs stay out of its market. There's mounting concern among U.S. lawmakers that China is going to use Mexico as a ...
BYD Launches Low-Cost Model in Mexico and Will Choose Site for Plant This Year
Chinese electric vehicle (EV) manufacturer BYD launched its Dolphin hatchback model in Mexico with a price tag around half that of the cheapest Tesla model. Stella Li, president of BYD Americas, stated that the company will choose a site for its new ...
BYD Is Not Planning to Enter the U.S. Market
Chinese electric vehicle manufacturer BYD is not planning to enter the U.S. market, according to Stella Li, CEO of BYD Americas, and will instead focus only on Mexico's domestic market with plans to construct a plant in the vicinity of Mexico City.
India Will be “Significantly Ahead” of China in Key Technologies, Says IT Minister
With Apple and other global technology companies moving some of their production out of China to other countries in Asia, there's a growing interest in whether a country like India, for example, is well positioned to rival China's dominance in tech manufacturing one day. ...
German President in Vietnam to Lessen Dependence on China
German President Frank-Walter Steinmeier is in Vietnam with a delegation of business executives. While Germany is already heavily invested in the Southeast Asian country, the visit feeds into Berlin’s larger mission to “de-risk” its relationship with China. Steinmeier will discuss investment deals ...
Chinese Factories in Ethiopia Close as Business Environment Worsens
The IMF is forecasting the Ethiopian economy will grow 6.2% this year, an impressive figure for a country that is digging itself out of a massive debt hole and recovering from the trauma of a two-year civil war. If the government ...
Chinese EV Leader BYD to Launch in Indonesia
BYD, the Chinese car company that recently surpassed Tesla to become the world’s largest maker of electric vehicles, will launch its first products in the Indonesian market next week. As Southeast Asia’s largest market, Indonesia will be key to the regional rollout of ...
Possible Sino-Nigerian Steel Plant
The Chinese company Luan Steel Holding Group and the Nigerian government could work together to set up a steel plant, according to a statement from the country’s Minister of Steel Development, Prince Shuaibu Audu. The statement said the Nigerian federal government ...
U.S. Becoming Increasingly Worried About Chinese EV Car Brands Setting Up Factories Across the Border in Mexico
The United States government is becoming nervous about the prospect of Chinese automakers building new factories in Mexico that would afford those new vehicles duty-free access into the U.S. market. MG, BYD and Chery are reportedly all in talks to build ...
U.S. Counts on Tech Firms Like Nvidia and Apple to Improve Its Standing in Vietnam
The United States is laggard when it comes to foreign investment in Vietnam, not even among the top ten and far behind countries like South Korea, Japan and China. But that may soon change as more U.S. tech companies like Nvidia ...
Ford’s Nickel Deal With Huayou Cobalt Exposes the Limits of U.S. Influence to Counter China
The Ford Motor Company is moving forward with a massive $3.8 billion three-way nickel deal with Brazilian miner Vale and Chinese mining giant Zhejiang Huayou Cobalt. Nickel is one of the key metals used to manufacture electric vehicle batteries, that companies ...
Chinese Technology Paves the Way for Affordable Electric Vehicles in Kenya
The HK-EV car is retailing for $5,000 and the only upgrade will be a solar panel that can be glued to the roof of the car instead of the current one which is bulky and causes some drag while driving.