Etiqueta: Battery

Profits plunge, rivals surge, and Beijing tightens the noose--BYD's dominance is on the ropes.

BYD just got slammed with a $45 billion market wipeout, and it’s not looking like the bleeding’s over. The company’s stock on the Hong Kong exchange has

BHPian zandot recently shared this with other enthusiasts:Switching from the 2024 Seal to the 2025 model has been an interesting mix of improvements and quirks. For those outside China, the �25 Seal feels ...

At the same time, rivals including Geely Automobile Holdings Ltd. and Zhejiang Leapmotor Technology Co. are gaining ground. “While I believe investors retain a positive long-term view, there is a real concern around BYD’s aggressive ‘market share gain by pricing pressure’ strategy in the anti-involution context,” said Kevin Net, head of Asian equities at Financiere de L Echiquier.

The company’s profit slid for the first time in more than three years, delivery targets were cut, and rivals like Geely and Leapmotor are winning share as Beijing cracks down on price wars.

BYD is under pressure to rebuild investor confidence after a $45 billion stock selloff wiped more than 30% off its Hong Kong shares in just four months, the steepest underperformance among peers. Analyst sell ratings are at their highest since 2022, reflecting skepticism over the Chinese EV maker’s strategy of leading the industry in deep discounts...

This is the first of a monthly series about China’s MIIT list that unveils upcoming vehicles long before their official launch. Today, with cars from Baojun, iCar, Leapmotor, Toyota, and Voyah. Huawei is ever-present, supplying motors and software to almost everybody. There’s a truck too, and an H8 motorbike.  What is the MIIT list? Every […]

China uses subsidies extensively to take a leading role in the global markets of green-tech products such as battery electric vehicles and wind turbines. Against the background of the current EU investigations into Chinese subsidies in these sectors, this article takes a careful look at the Chinese subsidy system and provides new data on direct government subsidies to leading Chinese producers of electric cars and wind turbines. Extensive government support has allowed Chinese companies to scale up rapidly, to dominate the Chinese market and to expand into foreign markets. The article concludes that the EU should use its strong bargaining power due to the single market to induce the Chinese government to abandon the most harmful subsidies.

Tesla's sales are shrinking, but this EV maker continues to grow.