Etiqueta: BYD

The Pentagon briefly published an updated list of Chinese companies alleged to have ties to the People’s Liberation Army, then withdrew it within an hour. The episode highlights Washington’s attempt to ease trade tensions with Beijing while maintaining pressure on technology and national security ahead of an expected April meeting between President Donald Trump and Xi Jinping.

Alibaba Group Holding Ltd. led a Chinese tech-share selloff after the Pentagon added some of the country’s biggest names to a list of companies aiding the military — only to withdraw that roster minutes later without explanation.

BYD continues to dominate Tesla as the best-selling EV brand by a whopping margin in Australia, spelling even more trouble for the American brand

BYD (SEHK:1211) is reported as a key finalist to acquire the Nissan Mercedes Benz plant in Aguascalientes, Mexico. The potential deal would expand BYD's production footprint in North America as U.S. tariffs on Chinese automakers and regional trade talks continue. The Aguascalientes plant bid marks a new phase in BYD's international build out, particularly for electric vehicle assembly in the region. BYD shares last closed at HK$97.75, with the stock up 5.9% over the past week but showing a...

Recent reports out of Mexico indicate that Nissan and Mercedes are selling their joint venture factory in Aguascalientes Mexico and the top bidders have been narrowed down to BYD and Geely.Overall, this represents a dramatic shift for legacy automakers in Mexico. While Chinese vehicles have rapidly risen to take 20% of the Mexican new car market, the factory will lead to significant localized capacity. That will help to develop local supply chains that will support further localization with implications not only to the Mexican market, but also to its nearby trading partners.

The end of federal credits for EVs as well as backlash against CEO Elon Musk have hurt Tesla sales and reputation. Meanwhile, China’s BYD is dominating globally.

A man who was one of the very first people in Australia to get his hands on China's cheapest EV, the BYD Atto 1 Premium, has shared his thoughts on his new car

BYD recently entered a partnership with the Manchester City soccer (or football) club. This is one of the top teams in the Premier League. The partnership includes supplying BYD and DENZA vehicles, along with ESS batteries.

The companies are among a number the Pentagon believes could pose a threat to American national security