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BYD allots US$5 billion for forex derivatives trading to hedge risks...

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BYD allots US$5 billion for forex derivatives trading to hedge risks from yuan volatility
BYD, the world's largest electric vehicle (EV) maker, has earmarked US$5 billion for foreign exchange derivatives trading to reduce risks to its fast-growing global operations from the yuan's volatility amid rising geopolitical tensions. "To offset the adverse impact from wild fluctuation in exchange rates and save financial expenses, the company has decided to carry out foreign exchange hedging through derivatives trading," BYD said in a filing to the Hong Kong stock exchange on the weekend. "T

GlobalData blog: Leapmotor International sets the precedent for Chinese car production...

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GlobalData blog: Leapmotor International sets the precedent for Chinese car production in Europe: an automotive industry analysis
The Brussels Motor Show 2025 highlighted the evolving dynamics of the European automotive market, as Chinese automakers take strides toward establishing themsel ...

BYD reportedly plans to launch plug-in hybrid vehicles in Japan

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BYD reportedly plans to launch plug-in hybrid vehicles in Japan
Chinese automaker BYD is planning to introduce its first plug-in hybrid vehicle in Japan within the year, reported Reuters.

VW prepared to hand its factories to Chinese electric carmakers

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German giant signals it is open to tie-ups with rivals to use up excess capacity

Boyd Gaming (NYSE:BYD) Price Target Raised to $74.00

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Boyd Gaming (NYSE:BYD) Price Target Raised to $74.00
Boyd Gaming (NYSE:BYD – Free Report) had its target price upped by Barclays from $71.00 to $74.00 in a report published on Friday morning,Benzinga reports. They currently have an equal weight rating on the stock. Other equities analysts have also recently issued reports about the company. Wells Fargo & Company increased their target price on […]

China’s EVs driving world into the post-carbon energy era

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China's EVs driving world into the post-carbon energy era
More than 50% of all cars sold in China last year were electric vehicles, making China by far the largest EV market in the world. The exponential growth

Maextro S800 sedan from Huawei & JAC crab walks between Maybachs...

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Maextro S800 sedan from Huawei & JAC crab walks between Maybachs [video]

Maextro S800 luxury sedan from Huawei and JAC with a price of 1 million yuan (136K USD) crab walks between Maybachs in China.

The post Maextro S800 sedan from Huawei & JAC crab walks between Maybachs [video] appeared first on CarNewsChina.com.

Unprecedented Demand: Tesla’s Model Y Soars in China!

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Unprecedented Demand: Tesla's Model Y Soars in China! - La Noticia Digital

China’s onetime ‘solar king’ struggles in US electric bus market

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China’s onetime ‘solar king’ struggles in US electric bus market
Denton Peng had hoped to replicate his past successes, but roadblocks emerged in his adopted country

Tesla’s facelifted Model Y exceeds 70,000 orders in China in 5...

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The facelifted Model Y has been better accepted than the facelifted Model 3 after its launch in China, according to local media.