Tag: incentives
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WEEK IN REVIEW: BYD Reports Sixth Straight Monthly Drop in EV Sales
The Chinese EV-maker BYD reported its sixth straight monthly drop in sales and production, marking the sharpest year-on-year decline since early 2020 as domestic incentives end and demand weakens. The Chinese EV giant is increasingly betting on exports and overseas expansion, including a reported bid for a Nissan–Mercedes ...
A worker at Sunripe factory in Limuru Town, Kiambu County, Kenya, arranges avocados on August 2, 2022. Image via Xinhua.
There's been a lot of excitement this week in anticipation of tomorrow's start of duty-free access into the Chinese market for 53 African countries. By any measure, this is a big deal, particularly in this new protectionist era when more trade walls are going up then coming down. ...
WEEK IN REVIEW: BYD Reports Sixth Straight Monthly Drop in EV Sales
The Chinese EV-maker BYD reported its sixth straight monthly drop in sales and production, marking the sharpest year-on-year decline since early 2020 as domestic incentives end and demand weakens. The Chinese EV giant is increasingly betting on exports and overseas expansion, including a reported bid for a Nissan–Mercedes ...