16 October 2025
16 October 2025
Sales driven by strong exports.
The company on 14 October announced a $13bn programme in the US to introduce five new models.
BYD attracted to Spain due to low production costs and a clean energy network.
The job cuts will predominantly impact employees at the German automotive supplier’s facilities in Stockdorf and Gilching.
The project represents a €2bn (about $2.3bn) investment for the company and will employ 3,000 people.
Funding secured for a feasibility study for a lightweight battery electric vehicle (BEV).
The funds will be used to develop end-to-end (E2E) autonomous driving (AD) and advanced driver-assistance systems (ADAS).
New automotive lubricants joint venture to be established by the end of 2025.
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