BYD is scaling up battery production in Brazil with the aim of reaching 50% local content in its Brazil-manufactured vehicles by the start of 2027. Battery output expansion is the primary mechanism the company has identified to hit that threshold.
From $9/month · 7-day free trial
Already a subscriber? Log in
Subscribe for full access to all articles
Start Free Trial
BMW is said to be withdrawing the i3, i5, and iX1 from its China lineup simultaneously in July , ending production of all three models built on combustion-derived platforms. The exit is framed as preparation for the Neue Klasse era, BMW's forthcoming purpose-built battery-electric architecture.
Saudi Arabia has signed housing and urban development agreements worth 1.9 billion riyals (approximately US$507 million) with Chinese partners, including state-owned China State Construction Engineering.
Alibaba Cloud has opened its first data centre infrastructure in France, extending a European footprint that already spans Germany, the UK, and at least three other markets.