Automotive giant Skoda Auto has announced that it will increase global vehicle production to more than 888,000 units in 2023, an increase of around 108,000 vehicles compared to the previous year. Of this total, more than 781,000 vehicles will come from the Czech Republic's manufacturing plants in Mladá Boleslav and Kvasiny, while over 52,000 ...
The first cargo ship designed to export cars to Europe sets sail from China. Chinese electric car manufacturer BYD has chartered a vessel capable of carrying up to 7,000 cars. The initiative follows BYD's success in its home market and its drive to expand rapidly abroad. In the last quarter, BYD even became the world's largest electric car ma...
Elon Musk once scoffed at the idea that a Chinese carmaker could compete with his Tesla. Now, the Chinese brand BYD, previously unheard of by many, is on track to become the world leader in electric vehicle sales. In the third quarter, the American Tesla sold 435,000 electric vehicles, while BYD, in which American billi...
