BYD Launches EV Podcast ‘Charge Up Australia’ With Environmentalist Jon Dee

Chinese car giant BYD is expected to unveil a series of new records in its 2024 financial statements. Revenue is projected to lift above $100 billion for the first time for a year. That compares with US rival Tesla's $97.7 billion.

BYD Launches EV Podcast ‘Charge Up Australia’ With Environmentalist Jon Dee

BYD rapidly becoming the face of electric orthodoxy as Tesla, quite literally, crashes and burns.

EU probes Hungarian subsidies to BYD under new foreign subsidies rules

Reading Time: 2 minutes The European Commission (EC) has launched an inquiry into state support provided by Hungary to Chinese electric vehicle (EV) manufacturer BYD, as part of a broader investigation into foreign subsidies distorting competition in the EU. The preliminary probe, initiated on 19 March 2025, comes under the EU’s Foreign Subsidies Regulation, which empowers the EC to scrutinise non-EU state aid that could influence acquisitions, …

2025 - BYD's Vice President Confirms European Expansion Plans for 2025

BYD aims to boost its European sales significantly by 2025, introducing an affordable electric vehicle, the ‘Seagull,’ and enhancing its brand image through marketing and expanded dealerships. The company plans to launch a premium brand, Denza, and has developed a fast-charging system. Despite facing a 17% tariff on Chinese EVs in Europe, BYD remains committed to its long-term strategy and is set to open its first European factory in Hungary by …

The BYD factory in Hungary is at the centre of all eyes on the part of the European Union. The Asian giant is setting up its first factory in Europe, but rumors of possible funding from the Chinese government have put Brussels on alert. BYD could be penalized if the accusations are proven. BYD is very clear that this is its time. Chinese people know that Europe can become a priority electricity market and want to take advantage of the window tha…

The European Commission has launched an investigation into whether China's BYD was entitled to subsidies to support the construction of a factory in Hungary. The plant in Szeged, on the border with Serbia, is set to start production in autumn 2025.