This strategic move reflects BYD’s ambition to strengthen its global footprint and capitalise on the growing demand for electric vehicles.
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A French government regulation has lowered the subsidy by 20% for this category of buyers from 5,000 euros (USD 5,386) to 4,000.
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INDUSTRY NEWSLatest News
Nidec appoints Mitsuya Kishida as new President and CEO
by Biplab Dasby Biplab DasThis transition marks a pivotal moment in the company’s leadership structure, paving the way for future developments.
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Daihatsu’s president Soichiro Okudaira will be replaced by Toyota’s Latin America and Caribbean region chief executive, Masahiro Inoue, effective March 1.
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INDUSTRY NEWSLatest News
Ultraviolette partners with HPCL for nationwide EV charging stations
by Biplab Dasby Biplab DasThe collaboration aims to leverage HPCL’s expansive retail fuel pump infrastructure to facilitate cross-country EV motorcycle travel.
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The closure of Shell’s hydrogen stations casts a shadow over the future of hydrogen fuel-cell vehicles in the United States, which is already struggling to …
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Tata Nexon.ev range now starts at INR 14.49 lakh while the Tata Tiago.ev range now starts at INR 7.99 lakh.
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INDUSTRY NEWSLatest News
Shishir Mishra appointed Brand Director for Citroën India
by Biplab Dasby Biplab DasPrior to this appointment, Mishra served as the Head of Sales & Marketing synergy functions for Jeep & Citroën in India.
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Former Ford and Apple executive Steve Kenner appointed Chief Safety Officer of GM Cruise robotaxi unit amidst safety concerns and regulatory scrutiny
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Stellantis announces substantial investment in Hungary facility to scale up electric drive module production