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Shenzhen’s container throughput reached an impressive 20.25 million twenty-foot equivalent units (TEUs) from January to August this year, marking a significant 16.33% year-on-year growth, according to Shenzhen Customs. The city’s exports of new energy vehicles (NEVs) have also experienced notable growth, with the value of NEV exports hitting 15.15 billion yuan (US$2.14 billion) in the...
China’s production and sales of new energy vehicles (NEVs) have continued to show impressive growth in the first eight months of 2023, further solidifying the country’s position as a global leader in the NEV sector. According to data released by the China Association of Automobile Manufacturers (CAAM) on Tuesday, the market share of NEVs in...
Zimbabwean President Emmerson Dambudzo Mnangagwa expressed keen interest in the innovative range of new energy vehicles (NEVs) during his visit to BYD Co.’s headquarters in Pingshan District, Shenzhen, on Friday. Mnangagwa, who led a delegation to Shenzhen from Thursday to Saturday, was on a mission to learn about the city’s advancements in scientific and technological...
BEIJING, July 8 (Reuters) – Chinese electric vehicle manufacturer BYD has signed an agreement to invest 6.5 billion yuan ($894.2 million) in a new factory dedicated to producing core parts for new energy vehicles. This significant investment aims to bolster the manufacturing capacity of BYD’s existing facility in Shenzhen, as reported by state-backed Securities Times...