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Hyundai goes big on India with 26 new models as it plots 100+ vehicle global offensiveHyundai is gearing up for an extensive expansion, aiming for over one hundred global vehicle launches and enhancements by 2030. In India, t...
- India attracts capital. Now it must build what the world pays royalties for
India has emerged as a major investment destination, but much of the value generated by foreign companies still flows overseas through divi...
Global Earnings | Hyundai Motor reports 21% drop in Q2 profit, misses forecastsHyundai Motor reported a significant profit drop in the second quarter. Weaker vehicle sales and production disruptions impacted the compan...
Honda to stop car sales in South Korea by end-2026Honda will stop selling cars in South Korea by the end of 2026. The company will continue after-sales services. This decision is due to mar...
From Samsung to BYD: Foreign companies and their tax tussles with IndiaForeign companies in India face significant tax disputes, including Samsung's $601 million penalty for tariff evasion, Volkswagen’s $1.4 bi...
First DeepSeek, now BYD: China’s rally may make it harder for foreign investors to bet on India againForeign investors are diverting their capital from India to China due to the latter's robust market rally. This shift is driven by signific...
How China’s BYD beat Tesla at its own gameCritical to BYD’s success has been vertical integration. Instead of relying on other companies for parts, BYD managed to crack the code of ...
China's BYD is rivaling Tesla in size. Can it also match its global reach?BYD Co., based in the southern China tech hub of Shenzhen, dethroned Texas-based Tesla Inc. as the top seller of electric cars in the last ...
Tesla's October China-made EV sales fall 2.6%; rival BYD sales up 5%Elon Musk's Tesla has prioritised sales over earnings, particularly in China, where the US EV giant has come under growing pressure from lo...
China poses another threat to the West, this time aimed at automakersChinese electric vehicle (EV) manufacturers are expected to almost double their global market share to 33% by the end of the decade, causin...
Battery giant CATL posts slower profit growth as competition heats upChina's battery makers including CATL are facing challenges of weakening demand and bigger cost reduction pressure from EV makers amid a pr...
South Korea's Hyundai to invest $2.45 billion in IndiaHyundai's move comes a few weeks after the federal government said it would raise taxes on imported cars and motorbikes, including electric...
Why getting to the top spot isn’t easy for Warren Buffett-backed EV giant BYDBYD’s challenge shows how hard it is to produce batteries at scale — even if the technology is superior — and why that will become one of t...
BYD Auto pips Tesla to become top-selling EV brand globallyGlobal passenger electric vehicle (EV) sales grew 61 per cent (on-year) to reach 2.18 million units in the second quarter this year, a new ...
BYD plans 50% localisation for eBuses in 2 yearsA Goldstone Infratech spokesperson told ET, the company will be able to localise half the components for electric buses being built for Ind...
Warren Buffett bets on Asia for expanding reinsurance, ice cream businessesWarren Buffett, the billionaire chairman of Berkshire Hathaway, said he's pursuing more opportunities in Asia after boosting reinsurance sa...
- Japan a 'buying opportunity', will recover, says Buffett
Warren Buffett believes Japan's devastating earthquake is the kind of extraordinary event that creates a buying opportunity for shares in J...