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BYD - 3 — - 1 Joe Biden - 1 Bill Russo - 1 Susan Walsh Sam Fiorani - 1 Luiz Inácio Lula da Silva - 1 São Paulo - 1 Luiz Inacio Lula da Silva - 1
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Search resuls for: "Camaçari"


4 mentions found


☆ How Chinese EV makers are slowly taking over the world
  + stars: | 2024-06-22 | by ( Tom Carter | ) www.businessinsider.com   time to read: +14 min
Chinese carmakers accounted for 88% of the EV market in Brazil and 70% in Thailand in Q1, according to ABI Research figures. The EV markets in many of these countries are small now, but they're growing rapidly. This is because Chinese automakers are known for their ability to build electric cars for less than their foreign competitors. Australian Senator and shadow cyber-security minister James Paterson said earlier this year that Chinese EVs pose a growing cybersecurity risk. "India is still a little wary of the Chinese market," said Dylan Khoo, an analyst at ABI Research.
Persons: —, BYD, Joe Biden, Bill Russo, Susan Walsh Sam Fiorani, Luiz Inácio Lula da Silva, São Paulo, Luiz Inacio Lula da Silva, Marcel Martin, Katherine Tai, Elon Musk, SONNY TUMBELAKA, They're, Automobility, Tesla, John Keeble, James Paterson, Fiorani, Indranil Aditya, Dylan Khoo, Warren Buffett, Xpeng, William Li, HECTOR RETAMAL, America's, Russo, WuYuan Organizations: Service, Detroit, EV, Business, Research, Ford, Toyota, Volkswagen, EU, AP, AutoForecast Solutions, Brazilian Electric Vehicle Association, Great Wall Motors, Anadolu Agency, Getty, International Council, Clean Transportation, Chery, Total, China Passenger Car Association, Reuters, Honda, Mitsubishi, International Energy Agency, Federal, of Automotive Industries, SAIC, AutoForecast, BYD, SAIC Motors, India's, ABI Research, Union Locations: Camaçari, Brazilian, Bahia, Brazil, Mexico, Southeast Asia, Europe, Thailand, China, Shanghai, EU, São, Johannesburg, South Africa, Southeast Asia Southeast Asia, Malaysia, Vietnam, Indonesia, Indonesia's West Java, Philippines, Australia, Hangzhou, Queensland, India India, India, Europe Europe, Hungary, France, Spain, Portugal, South Korea
☆ Ford reaches deal to move industrial unit to Brazil's Bahia state
  + stars: | 2023-08-11 | by ( ) www.reuters.com   time to read: +1 min
Ford logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany. Chinese electric vehicle manufacturer BYD has shown interest in the complex, located in the Camacari industrial park. The automaker has since at least mid-2022 been trying to reach a deal with Ford and the Bahia government to acquire the asset. BYD said in a statement that it "continues with the planning to invest in the Camacari industrial park, maintaining the necessary negotiations with the Bahia government." It was not immediately clear whether the industrial unit mentioned by the company involves the Ford area.
Persons: Wolfgang Rattay, BYD, Alberto Alerigi Jr, Sandra Maler Organizations: REUTERS, Ford, SAO PAULO, Thomson Locations: Frankfurt, Germany, Bahia
☆ China automaker BYD to invest $620 million in Brazil industrial complex
  + stars: | 2023-07-04 | by ( ) www.reuters.com   time to read: +1 min
SAO PAULO, July 4 (Reuters) - Chinese automaker BYD (002594.SZ) on Tuesday said it will invest 3 billion reais ($620.17 million) in a new industrial complex in northeastern Brazil, as it aims to boost local production to offer more competitive prices. The complex, made up of three plants, will be built in the Camacari industrial park in the northeastern state of Bahia, on land formerly occupied by a Ford (F.N) plant that closed in 2021. The announcement comes on the back of a reported push from the government to incentivize BYD to build a new electric car hub after Ford closed its plant in the state. One of the plants will be dedicated to production of chassis for buses and electric trucks, BYD said in a statement. ($1 = 4.8374 reais)Reporting by Patricia Vilas Boas; Writing by Carolina Pulice; Editing by Bill BerkrotOur Standards: The Thomson Reuters Trust Principles.
Persons: Ford, incentivize, BYD, Patricia Vilas Boas, Carolina Pulice, Bill Berkrot Organizations: SAO PAULO, Ford, Thomson Locations: Brazil, Bahia
☆ Brazilians offer fresh perks for BYD plant as Ford talks stall
  + stars: | 2023-04-13 | by ( Lisandra Paraguassu | ) www.reuters.com   time to read: +2 min
REUTERS/Stephane MaheBRASILIA, April 13 (Reuters) - Brazilian officials are offering fresh incentives including land for Chinese manufacturer BYD to build an electric car plant in Bahia state amid stalled talks to take over a closed Ford plant, said three people familiar with discussions in Shanghai on Thursday. However, Brazilian officials on Thursday discussed an alternative site in Bahia where BYD could build a factory from scratch if the talks with Ford prove futile. Ford and BYD did not immediately respond to requests for comment. BYD made it clear they would have no issue setting up a new plant, the sources said. However, drawn out talks with Ford have stalled plans.
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