As BYD inches closer to Mexico plant, company eyes foray into Canada market

BYD is looking to enter the Canadian passenger vehicle market, according to a regulatory document the Chinese electric vehicle maker filed in July. Documents filed with authorities...

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BYD Americas chief says Mexico plant by year end, but no plans for exports to USA

Image Courtesy: Yahoo Finance

Chinese electric vehicle giant BYD has no plans of selling its passenger EVs in the US and finds the market "complicated" and "confusing", the CEO of its Americas operation said. S...

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BYD takes aim at US market, evaluating EV plant in Mexico

Image: Business Wire

Chinese battery and electric vehicle powerhouse BYD is preparing to set up an EV factory in Mexico, the head of its Mexican operations told reporters. The company has launched a fe...

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Daily Shorts: Stellantis buys into Leapmotor, Australian state pumps $630 million more into RE

Image: Pexels

Stellantis announced it would buy 21 percent in Chinese EV company Leapmotor for $1.6 billion. In addition, the two companies have formed a joint venture that will hold exclusive r...

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Daily Shorts: UK part-funds Ionic's rare earth magnet recycling plant, US small-sale solar additions hit record high, and more

Rare earths metals company LCM will be involved in the Ionic-to-Ford EV recycling chain. Image Courtesy: Less Common Metals

Ionic Rare Earths received an investment of $2 million from the UK government to set up a rare earth magnet recycling facility in Belfast. In a release, the company said it would p...

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Daily Shorts: China’s Li Auto to launch battery EV, Rivian declares it is financially fit

Image: New Fortress Energy

Rivian Automotive raised full-year production estimates to 52,000 vehicles and proclaimed it was financially stable, bringing some cheer to the troubled US EV sector. Rivian, backe...

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Daily Shorts: Mexican governor eyes EV investment from Tatas, lithium miner tests new extraction process

Image: Shutterstock

Samuel Garcia, governor of the northern Mexican state of Nuevo Leon, is meeting executives in India as part of his plans to attract EV investments in the state, Reuters reports. Te...

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