BYD to Build Electric Car Plant Near Karachi KARACHI: Chinese electric car company BYD, the world’s biggest EV maker, is building a factory near Karachi to meet growing demand in Pakistan and other nearby countries. The plant is being set up with Mega Motor Company, a part of Pakistan’s Hub Power group. Construction started in […]
Net profit totalled 9.2 billion yuan ($1.26 billion), a stock filing showed on Friday, compared with the company’s earlier estimate of 8.5 billion yuan to 10 billion yuan. Revenue came in at 170.4 billion yuan in the quarter, up 36.4% year-on-year versus a 10.6% rise in the previous quarter. About BYD BYD (Build Your Dreams) […]
The Chinese electric vehicle giant signed a billion-dollar deal with Ankara on Monday to open a plant in western Turkey, promising to create 5,000 jobs, a move that will help it dodge new EU tariffs. The country, at the crossroads between Europe, the Middle East, and Central Asia, is in talks with other Chinese companies, […]
Prominent Chinese automaker BYD created a stir at the Geneva motor show with the introduction of its most recent design, the Yangwang U8 premium plug-in hybrid SUV. This car has a number of cutting-edge characteristics, one of which is its amazing capacity to float in water in the event of an accident, providing an additional […]
