Automundo China

Morning Brief host Julie Hyman takes a look at some of Friday morning's trending tickers and stories. PNC Financial (PNC) stock is rising on the company's fourth quarter earnings results. BYD (BYD) stock is jumping on reports that the electric vehicle (EV)–maker is in talks to partner with Ford (F). ImmunityBio (IBRX) stock is skyrocketing, already doubling so far this year. To watch more expert insights and analysis on the latest market action, check out more Morning Brief.

Owners of BYD cars will get an extended eight-year EV battery warranty, now valid for 155,000 miles – and existing owners can benefit, too.

Carney made the announcement after two days of meetings with Chinese leaders

The largest question is how would the arrangement work to avoid huge tariffs.

Ford is in talks with China’s BYD to supply batteries for hybrid vehicles as the automaker shifts focus from EVs, WSJ reports.

BYD has strengthened its commitment to its customers in Europe by extending the warranty of its Blade Batteries to eight years or 250,000km

U.S. pure-EV market share was just under 8% in 2025, with 1.23 million EVs sold — a slight decline from 2024.

Ford is in talks with BYD about supplying hybrid batteries for international factories, with no deal imminent and political scrutiny emerging.

Canada will remove punitive tariffs on Chinese electric vehicles and allow up to 49,000 units annually under a preferential rate, Prime Minister Mark Carney announced Friday.

Ford Motor and China’s BYD are holding talks over a possible battery supply arrangement for some of Ford’s hybrid vehicles.