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BYD SHARE SALE
At Hong Kong auto show, China automakers target wealthy in right-hand-drive marketsChinese car companies are targeting wealthy buyers in right-hand-drive nations. They are introducing premium electric vehicles to new marke...- From rockets to brain implants, here's a look at Elon Musk's vast empireElon Musk, the world's richest man, leads a sprawling business empire. His ventures include electric vehicles, brain implants, underground ...
- China's SAIC to sell another 10% stake in Indian car venture to local partner JSW - sourcesChina's SAIC Motor is selling an additional 10% stake in its Indian car venture, JSW MG Motor, to local partner JSW Group. This move will e...
- China's April industrial profits grow at fastest in more than two yearsChina's industrial profits saw a significant jump in April, the fastest since November 2023. This growth is largely fueled by strong export...
- Want to jump into the 'China is back' rally? Tread carefullyInvestors are increasingly betting that “China is back” as the economy rebounds from years of deflation, helped by strong manufacturing, ex...
- China's car sales drop for seventh month in April; exports roarChina's car sales experienced a 21.6% year-on-year decline in April, marking the seventh consecutive month of contraction. Automakers are i...
- Global stocks: BYD Q1 profit falls 55%, steepest drop in 6 years as China sales falterChinese electric vehicle maker BYD's quarterly profit fell at its fastest pace since 2020, a stock market filing showed on Tuesday, hit by ...
- BYD car discounts show China’s EV price war is getting worseChina's car market faces fierce price competition. BYD and rivals are increasing discounts despite government calls to stop. This intense r...
- Iran war's global energy crisis sharpens China's advantage in clean techThe Iran war and disruptions in the Strait of Hormuz are accelerating a global shift from fossil fuels to renewable energy, positioning Chi...
- Porsche loses speed on a curvy roadPorsche AG's sales dropped significantly in the first quarter. China saw a steep decline in luxury spending, impacting deliveries. Model ch...
- Tesla's lower-cost EV plan seen boosting volume, risking marginsTesla is reportedly developing a smaller, cheaper electric vehicle. This move aims to increase sales and factory use. It also addresses gro...
- US Stocks | Tesla shares slide 4% after first-quarter deliveries miss estimatesTesla missed Wall Street expectations for first-quarter deliveries on Thursday, reporting its weakest numbers in four quarters, as fading U...
- Stock market today: Tesla share price crashes even as Elon Musk's company witnesses jump in China model salesTesla stock price: Tesla has posted two consecutive years of declining deliveries for the first time in its history.
- BYD beats Tesla in EV sales as Musk bets on robotaxis and future techBYD has become the world’s top electric car seller, passing Tesla in 2025 sales. Tesla deliveries fell for the second year, while competiti...
- Warren Buffett's Berkshire Hathaway exits China's BYD, filing showsWarren Buffett's Berkshire Hathaway has completely divested from Chinese automaker BYD, concluding a 17-year investment that saw its value ...
- BYD's production and China sales fall further in August amid price warBYD, the Chinese electric vehicle maker, faces challenges. Production fell for the second month in August. Sales in China also dropped for ...
- China's BYD raises $5.59 billion in share sale, Hong Kong's largest in four yearsBYD's Hong Kong shares opened down 8% on Tuesday, in line with the discount the stock was sold at in the deal, while the Hang Seng Index wa...
- BYD on track to top 2024 sales goal and outsell Ford, HondaChina's BYD is poised to exceed its 4 million vehicle sales target. The company's November sales data will reveal further market share gain...
- Berkshire Hathaway cuts stake in China's BYD to below 5%Warren Buffett's Berkshire Hathaway reduced its stake in BYD to below 5%, in what could be the final time Berkshire discloses stock sales i...
- Berkshire Hathaway sells $44.9 mln of shares in China's BYDThe sale lowered Berkshire's holdings in BYD's issued H-shares to 12.9% on Jan. 27, down from 13.04%, the filing to the Hong Kong Stock Exc...
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