Automundo China
BYD leads Chinese automaker selloff on weakening sales
HONG KONG, Feb 2 (Reuters) - Shares of BYD Co Ltd sank to their lowest level in at least a year on Monday, leading a broader selloff in Chinese automaker stocks after they reported weaker sales in January as a revised subsidy scheme weighed on budget car brands. The selloff underscores growing investor concern that China’s carmakers are heading into a prolonged slowdown as demand softens at home
Trending tickers: Oracle, Disney, BYD, AstraZeneca and Endeavour Mining
The latest investor updates on stocks that are trending on Monday.
BYD Shares Tumble to New 16-Month Low as January Sales Slump
Shenzhen-listed shares of BYD Group fell over 4.2% on Monday, closing at 87.05 yuan — the lowest price in 16 months — a day after the company reported its weakest sales figures in nearly two years.…
Trending tickers: Oracle, Disney, BYD and Endeavour Mining
The latest investor updates on stocks that are trending on Monday.
EU companies adopt BYD, Yutong buses despite China security fears
German, Belgian, Austrian transport groups cite low price, superior electric tech
BYD Begins Trial Production of Passenger Cars in Hungary
BYD has begun trial production with a delay at its new passenger car plant in Szeged, Hungary, Mayor László Botka told the media. Series production at the
BYD, Xpeng Lead Chinese EV Stock Selloff Amid Poor January Sales
Chinese automakers BYD and Xpeng saw a decline in stock values on the Hong Kong exchange due to lower January sales.
Chinese EV makers’ shares skid as sales slide after tax incentive...
Shares in Hong Kong-listed BYD, Xpeng, Li Auto and Nio plummet as tepid January sales underline pessimistic forecasts for the year.
A breakthough in solid-state battery materials: Chinese researchers unveil “breathable” silicon...
Solid-state battery breakthrough: 3D "reathing" silicon anode promises safer, higher-density power.
The post A breakthough in solid-state battery materials: Chinese researchers unveil “breathable” silicon anode appeared first on CarNewsChina.com.
BYD Hit by Sharp January Decline Despite Global EV Push
BYD sold 210,051 NEVs in January, representing a 30.11% decline year-on-year and a steep 50.04% drop compared to December.
