BYD

Demand in Brazil already exceeds production at the Camaçari plant, so BYD has applied for permits to double annual capacity to 600,000 vehicles. From 2027 BYD intends to source more than 50% of components locally to enable exports to Argentina and Mexico. Investments have already surpassed the originally planned 5.5 billion reais; the plant currently employs about 9,000 people. Analysts are largely confident but see risks from the weakening situation in China and potential EU import limits on hybrids. » Mais em finanzen.net

According to Acea data, BYD’s new registrations in Europe in the first nine months rose 150 percent to 206,002 vehicles. Overall EU new registrations in September increased by 9.3 percent; battery-electric cars registered a sales increase of almost 73 percent and reached a market share of 22.7 percent. High fuel prices and government subsidies are cited as the main drivers of the EV boom. » Mais em manager-magazin.de

BYD increased EU registrations in the first nine months by 150 percent to 206,002 vehicles and is therefore ahead of Tesla. The overall EU car market grew by only 5.7 percent, allowing BYD to gain significant market share. Volkswagen remains almost at last year’s level with 2.23 million new registrations, while BMW and Mercedes-Benz report only moderate growth. Electrified powertrains are gaining strongly: pure electric cars reach a 22.7 percent market share, while hybrids remain the leader at 36.3 percent. » Mais em deraktionaer.de