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YUAN PLUS EV
Seres-backed Saidou launches smart EV brand, partners with ByteDanceSaidou Technology, backed by Seres Group, has launched its AIVA artificial intelligence auto brand. The company is partnering with ByteDanc...- BYD makes largest recall of over 115,000 cars due to design, battery issuesChinese automaker BYD is initiating its largest recall yet. Over 115,000 Tang and Yuan Pro vehicles produced between 2015 and 2022 are affe...
- Tesla is flailing in China and the rapid rise of BYD is to blameTesla Inc.'s decline in China's EV market continues, with a significant drop in shipments and market share. Aggressive pricing and advanced...
- BYD recalling 97,000 top-selling EVs on steering component fault, regulator saysBYD is recalling nearly 97,000 electric vehicles in China due to a manufacturing fault in the steering control unit that could pose fire ri...
- Chinese ride-hailing app DiDi to become second largest shareholder of state-backed NavInfo unitDiDi expects the deal will help it pull back significantly from electric vehicle manufacturing where automakers compete fiercely in a conso...
- Chinese EV maker BYD targets 20% jump in annual salesBYD plans to boost EV sales to 3.6 million in 2024, up 20% from last year, with 500,000 overseas sales in 2022 and 1 million in 2025. Wang ...
- BYD takes fight to EV laggards with China price cutsData from car portal 16888.com analysed by Bloomberg shows BYD has cut prices of more than 100 model versions compared with December, and r...
- China's BYD prices new version of best-selling EV lower than predecessorChina's leading EV maker BYD engaged in a price war with Geely Auto and Tesla by launching the new Atto 3 at a lower price. The starting pr...
- India quite moderately valued; global higher for longer riskoff affecting us: Ajay BaggaMarket expert Ajay Bagga says PSU banks in India are still a good investment option, despite global macroeconomic concerns. FII outflows ar...
- Chinese EV giant BYD's first-quarter profit jumps fivefoldChinese electric vehicle manufacturer BYD Co. reported a 410.9% jump in Q1 net profit, increased by revenue that soared 79.8% to ¥120.17bn ...
- As EV costs tumble in China, an export wave buildsChina's largest EV maker unveiled this week the Seagull at the Shanghai auto show, shocking analysts and rivals with the car's specs: a bat...
- The global EV transition hinges on one Chinese companyCATL, the Fujian-based firm, has a strong hold in the global EV ecosystem. Its batteries are in Mercedes, Teslas and many other electric ve...
- China EV maker Leapmotor set to raise $800 million in Hong Kong IPOWhile that is less than the $1.03 billion the EV maker had said it was aiming to raise in its regulatory filings last week, the IPO would s...
- Financials safest bets but auto a 3-6 month story: Samir Arora“If you look at the long only fund in India, we have basically bought 15% in IT and 85% has gone into financials and consumer. Our top thre...
- Global automakers such as General Motors, Volkswagen face electric shock in ChinaThere are no foreign brands among the top 10 automakers in the new energy vehicle segment this year, with the notable exception of Tesla in...
- One will need extra horsepower to push the bull this year: Basant Maheshwari“This will be a decent year. It will not be a bad year. It is not going to fall. Nothing is going to collapse but at the same time there ha...
- 5 world market themes for the week aheadThe China Evergrande Group saga moves into the next stage after ratings agency Fitch calls a default. Plus: Is SPAC-mania back from the dea...
- EXPLAINER-What's next for China's Evergrande after missing coupon paymentsEvergrande grew rapidly through a loan-supported land-buying spree and selling apartments quickly at low margins. It employed 163,119 staff...
- Explained: How China Evergrande's debt troubles pose a systemic riskEvergrande grew rapidly through a loan-supported land-buying spree and selling apartments quickly at low margins. It employed 163,119 staff...
- Tesla shares worth $1,250 in top scenario: AnalystIves raised his price target for Palo Alto, California-based Tesla to $950 a share from $751 to reflect the stronger demand for electric ve...
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