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CHINESE RIVAL BYD
US says BYD, Baidu and Alibaba and other tech giants are aiding China's militaryThe U.S. has updated its list of Chinese companies aiding Beijing's military, adding tech giants like Alibaba and Baidu, alongside chipmake...
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...
Ferrari's Luce leads bold leap into uncertain electric eraFerrari is launching its first all-electric car, the Luce. This move comes as other sports car makers hesitate on EVs. The Luce, priced ove...
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...
Red carpet and red lines: Xi charmed Trump but gave up nothingWrapping up a two-day summit in Beijing, Trump has taken a step towards reducing tensions, but the gathering did not result in any major tr...
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...
Middle East war revs up EV demand as Asia moves away from costly fuelElectric vehicle sales have jumped in Southeast Asia as cost-conscious buyers have poured into dealerships looking to dodge the fuel price ...
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 February vehicle sales fall at steepest pace since pandemicBYD February Sales: BYD, a leading Chinese electric vehicle maker, experienced its steepest sales decline in six years last month. This dow...
China's BYD makes gains in Spain with low EV prices, fast expansionChinese EV makers, like BYD, are rapidly expanding in Spain and Europe, driven by competitive pricing and aggressive marketing. Javier Hern...
BYD's quarterly profit falls for first time in 3-1/2 years as price wars biteChinese electric vehicle maker BYD's quarterly profit fell for the first time in more than three years, as its expansion hit a speed bump a...
Is Tesla-killer BYD chasing Elon Musk to India?Tesla's entry into the Indian EV market faces significant challenges with established local players and global competitors like BYD conside...
Leading the EV pack, it's the big BYD wolfBYD surpassed $100 billion in revenue for 2024 and has become China's top carmaker by sales, overtaking Volkswagen. The company is expandin...
Chinese EV manufacturer BYD expands with $1 Billion Turkey factory. Will it threaten Elon Musk's Tesla?Chinese EV manufacturer BYD is building a new factory in Turkey to grow its global footprint amid trade challenges, aiming to strengthen it...
Why BYD's EV exports sell for twice the China priceBYD strategically hikes export prices to maximize profit margins, significantly exceeding domestic prices. This approach aims to offset dom...
Nvidia expands ties with Chinese EV makers as auto AI race heats upBYD, which overtook Tesla last year as the world's No. 1 electric vehicle manufacturer, will use Nvidia's next generation of in-vehicle chi...
BYD overtakes Tesla as world's top EV makerThe US-based car manufacturer run by billionaire Elon Musk delivered 484,507 vehicles in the fourth quarter of 2023, said a company filing ...
Warren Buffett-backed BYD to supply EV parts to rivalsBYD, founded as a mobile-phone battery maker, has been growing by expanding into new businesses over the past two decades. The company star...