Automundo China

Sinopec and CATL partner to develop a nationwide network of 10,000 battery swap stations in China.

BYD said it expects net income in the first quarter to be between RMB 8.5 billion and RMB 10 billion, an increase of 86.04 percent to 118.88 percent year-on-year.

An announcement from BYD Co ( ($HK:1211) ) is now available. BYD Company Limited announced an estimated net profit increase of 86.04% to 118.88% for the first quart...

Chinese auto giant BYD Co. flagged first-quarter profit may more than double after a bumper start to the year that saw vehicles sales top 1 million.

India will restrict market access to BYD, signaling continued caution towards Chinese investments despite warming relations. Commerce Minister Piyush Goyal cited strategic interests as the reason for rejecting BYD's proposal. This decision contrasts with India's pursuit of investments from Tesla, highlighting a protectionist stance amid pressure to open its auto market.

Chinese electric vehicle giant BYD said on Tuesday it expects net profit in the first quarter to grow 86.0%-118.9% year-on-year.

Industry vital for energy transition is ripe for consolidation as fierce competition unsettles market

Indian government rejected a $1 billion investment proposal from BYD, while have been amending the rules to make space for investment for automakers like Tesla.

CATL and BYD's combined EV battery installed capacity in January-February was 71.5 GWh, accounting for 55.1 percent of the global total.