Trading & Financial News
No Result
View All Result
Friday, October 17, 2025
  • Login
  • Economy
  • Markets
  • Forex News
  • Investing
  • Stock Trading
  • Crypto
  • Trading for beginners
Subscribe
Trading & Financial News
  • Economy
  • Markets
  • Forex News
  • Investing
  • Stock Trading
  • Crypto
  • Trading for beginners
No Result
View All Result
Trading & Financial News
No Result
View All Result
Home Markets

World’s largest maker of new energy vehicles eyes Africa’s untapped market

by Tradinghow
October 17, 2025
in Markets
A A
0
World’s largest maker of new energy vehicles eyes Africa’s untapped market
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter


With over 1 million employees globally, BYD has already eclipsed Tesla in annual vehicle sales, including hybrids, and is staking a claim to leadership in e-mobility across emerging markets.

The firm has introduced several models in South Africa, including the Dolphin, Seal, Sealion, and Shark, and most recently the Dolphin Surf, which starts at around R340,000 (USD 19,000).

https://primexbt.investments/start_trading/?cxd=459_549985&pid=459&promo=[afp7]&type=IB https://primexbt.investments/start_trading/?cxd=459_549985&pid=459&promo=[afp7]&type=IB https://primexbt.investments/start_trading/?cxd=459_549985&pid=459&promo=[afp7]&type=IB

BYD to invest heavily in South Africa

In a recent interview, Stella Li, BYD Executive Vice President, emphasised the next step: “We are looking to massively expand our charging infrastructure in the country.”

Her team intends to roll out 1 MW fast-charging hubs, initially at dealerships and then along highways and in urban hubs. She cautioned, however, that no current BYD battery can yet support that charging speed because the infrastructure was built ahead of demand.

Alongside fast chargers, BYD plans to increase solar-powered EV coverage, albeit at slower speeds, to broaden access.

While Li didn’t confirm a total investment figure, she noted the automaker, currently valued at around R2 trillion ZAR (≈ USD 133 billion), would invest “a lot” in South Africa to deepen its footprint.

No immediate plans to manufacture cars locally – BYD

Yet despite the charging ambition, BYD has no immediate plans to manufacture cars locally.

“We are still a very new player in the South African automobile space,” Li explained, noting local production remains a possibility only “far in the future.”

That stance is striking in a country with robust auto manufacturing capacity, access to key minerals, and a growing wave of international EV interest.

BYD faces competition from fast-growing Chinese rivals Chery and GWM, as well as the resurgence of Tata Motors from India. Some estimates suggest over a third of vehicles sold in South Africa today are imported from China or India.

For pan-African stakeholders, BYD’s move is more than a South Africa play, it signals the electrification of the African motor ecosystem. If the charging network spreads beyond national borders, BYD could become a backbone for cross-continental EV adoption.

With one eye on highways and the other on city grids, BYD is charging ahead, and Africa is watching.



Source link

  • Trending
  • Comments
  • Latest
The Evolving International Cannabis Landscape

The Evolving International Cannabis Landscape

March 20, 2024
Uniswap Launches Permissionless Bridging Across 9 Networks

Uniswap Launches Permissionless Bridging Across 9 Networks

October 24, 2024
UK Faces Two Decades of No Earnings Growth and More Austerity

UK Faces Two Decades of No Earnings Growth and More Austerity

July 29, 2023
China tech groups lead multibillion-dollar campaign to help exporters sell at home

China tech groups lead multibillion-dollar campaign to help exporters sell at home

April 20, 2025
High Street Retailers Pin Hopes On Discount Splurge In Black Friday Fever

High Street Retailers Pin Hopes On Discount Splurge In Black Friday Fever

0
UK Faces Two Decades of No Earnings Growth and More Austerity

UK Faces Two Decades of No Earnings Growth and More Austerity

0
Learn how to trade. For beginners

Learn how to trade. For beginners

0
Trading for beginners

Trading for beginners

0
World’s largest maker of new energy vehicles eyes Africa’s untapped market

World’s largest maker of new energy vehicles eyes Africa’s untapped market

October 17, 2025
Client Challenge

Client Challenge

October 17, 2025
Standard Chartered say global reserve managers are trading the US dollar countercyclically

Standard Chartered say global reserve managers are trading the US dollar countercyclically

October 17, 2025
Forex Market Forecast for July 2025

Forex Market Forecast for July 2025

October 17, 2025

Recent News

World’s largest maker of new energy vehicles eyes Africa’s untapped market

World’s largest maker of new energy vehicles eyes Africa’s untapped market

October 17, 2025
Client Challenge

Client Challenge

October 17, 2025

Categories

  • Business
  • Crypto
  • Economy
  • Forex News
  • Investing
  • Markets
  • More
  • Stock Trading
  • Trading for beginners

Site Navigation

  • Home
  • Contact Us
  • Stock Trading
  • Markets
  • Investing
  • Other Links
  • Privacy & Policy
Trading & Financial News

We bring you the fastest breaking news on Trading, forex, and finance submitted from credible and reliable news sources around the world.

© 2019-2025 Tradinghow is your trusted hub for forex news, online trading insights, and financial market analysis. www.tradinghow.com

No Result
View All Result
  • Contact Us
  • Home
  • Economy
  • Crypto
  • Investing
  • Markets
  • Forex News
  • Stock Trading

© 2019-2025 Tradinghow is your trusted hub for forex news, online trading insights, and financial market analysis. www.tradinghow.com

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In