Electrek
APRIL 5, 2024
After launching its low-cost Seagull EV (Dolphin Mini) in Brazil, starting at around $20,000 (99,800 BRL), BYD is leading the EV sales surge in the country. However, with a new import tax looming, can the Chinese EV maker continue the momentum? China’s leading automaker, BYD , is aggressively expanding overseas.
Baua Electric
JANUARY 17, 2024
Chinese automaker BYD recently surpassed Tesla as the world’s leading seller of EVs, and it’s only one of several Chinese-owned brands that are already selling cars in the US and the EU. Some fear that Chinese firms could do an end run around such barriers by producing EVs in places like Mexico and Brazil.)
Green Car Congress
DECEMBER 1, 2021
Russia and Brazil both have access to high-quality iron ore reserves and to abundant clean power. Moreover, Brazil is expected to have one of the lowest costs for hydrogen production by 2030, according to research by BloombergNEF. This could change where most steel is made, or shake up the mining industry.
Green Car Congress
FEBRUARY 27, 2017
In spite of further challenges resulting from the diesel issue and the persistently difficult conditions in vehicle markets such as Brazil and Russia, the Group delivered 10.3 Profit attributable to the Chinese joint ventures was down slightly in the reporting period, as expected. billion (US$15.4 from 9.931 million in 2015.
Green Car Congress
AUGUST 7, 2013
This is likely to stimulate growth through the increased demand for advanced diesel technologies such as the common rail system from Chinese car buyers in the future, Bosch says. Brazil: no diesel in passenger cars. Brazil has banned the sale and use of diesel passenger cars. Ethanol and FlexFuel vehicles are widespread.
Green Car Congress
APRIL 29, 2016
The delivery figures also include the vehicles sold by the Chinese joint ventures. The business of the Chinese joint ventures is not included in the Group’s sales revenue and operating profit, however. The share of operating profit attributable to the Chinese joint ventures in 2015 remained at approximately €5.2 Hong Kong), 3.4%
Green Car Congress
JANUARY 22, 2011
In fact, Hans Flick, national tax leader for KPMG’s automotive practice noted that executives appear to indicate that the idea of entry level cars may not have met expectations. With regard to investment in global growth markets, respondents predict increased investment in China (58%), India (50%), Brazil (41%) and Russia (33%).
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