TechNode

JULY 8, 2024

BYD has reached a deal with the Turkish government to build a $1 billion electric vehicle plant in the country, part of the European Unions Customs Union, a move that would allow the Chinese EV giant to export vehicles to the bloc without additional tariffs. The move comes after the EU, on July 4, began imposing temporary duties of 27.4%

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TechNode

JANUARY 24, 2025

CATL is hoping to announce a plan to build a new joint factory with an original equipment manufacturer (OEM) in Europe this year, co-chairman Pan Jian told the annual World Economic Forum in Davos on Tuesday. The comments were delivered just a month after the Chinese battery maker unveiled its plan to build a $4.3

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TechNode

NOVEMBER 24, 2024

Chinas largest EV maker, BYD, announced last December plans to build its first regional plant in Hungary, in addition to a factory in the country that assembles electric buses. Xinhua , Reuters ]

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TechNode

MAY 31, 2024

The automaker, headquartered in the northern Chinese city of Baoding, is still planning to build a factory in Europe with Germany, Hungary, and the Czech Republic among the possible locations, although it sold only 1,621 vehicles on the continent in the first four months of this year. Automotive News Europe ]

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TechNode

AUGUST 18, 2024

Chinas biggest EV maker has been operating and managing plants in Thailand and Uzbekistan for a few months now with an annual production capacity of 150,000 and 50,000 units, respectively, while pushing for construction of new plants in Hungary, Turkey, Brazil, and Indonesia. TechNode reporting, Reuters ]

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TechNode

DECEMBER 11, 2024

Stellantis and CATL announced Tuesday that they will build a new battery plant capable of producing up to 50 gigawatt-hours of lithium iron phosphate (LFP) batteries for lower-cost passenger vehicles in the B and C classes with intermediate ranges. The first phase of the 4.1 billion ($4.3 The first phase of the 4.1 billion ($4.3

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TechNode

AUGUST 27, 2024

Chinese electric vehicle maker Xpeng Motors is in the early stages of researching where it can build a production facility in the European Union as part of a strategy to reduce future costs caused by tariffs imposed by the European Commission. Thats according to chief executive He Xiaopeng who spoke to Bloomberg on Aug. Bloomberg ]

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