automotive industry
BMW invests 2 billion euros in new plant in Germany
German automotive company BMW is making large-scale capital investments in the construction of new production facilities in its home country. The total investment in the new plant has reached 2 billion euros.
BYD Profit Rises to 8.2 Billion Yuan Driven by Overseas Sales
Chinese EV giant BYD reported a 30% increase in second-quarter net profit, reaching 8.2 billion yuan ($1.2 billion). Expanding presence in international markets and demand for higher-end vehicles were key drivers of the financial turnaround.
