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BYD's first-quarter profit doubles

BYD’s first-quarter profit doubles

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BYD's first-quarter profit leapt 100.4% from a year earlier, the fastest pace in nearly two years, as the Chinese electric vehicle giant extends its lead in its competitive home market by launching a smart EV price war. Net profit totalled 9.2 billion yuan ($1.26 billion), a stock filing showed on Friday, compared with the company's earlier estimate of 8.5 billion yuan to 10 billion yuan. Revenue came in at 170.4 billion yuan in the quarter, up 36.4% year-on-year versus a 10.6% rise in the previous quarter.

Deutsche Bank on Shanghai auto show: Global brands fight back with...

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China's smart NEV market has been dominated by local brands, but global auto brands have caught up, said Deutsche Bank.

Europe in shock! Auto Shanghai 2025: When China takes the wheel...

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Auto Shanghai 2025 leaves no doubt – China has become the epicenter of the electric automotive world. While Europe is hustling, the Americans are hustling, and the Japanese are quietly manufacturing in China, Shanghai is buzzing with the electric future. It is now the center of the automotive world. And Europe is only third, right after the USA.
BYD Earnings Due: Net Income Expected To Race Past Tesla In Latest Milestone

BYD Earnings Due: Net Income Expected To Race Past Tesla In...

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BYD earnings are due early Friday, with the Chinese EV giant expected to top Tesla in net income for the first time. BYD stock has soared in 2025.
BYD Sime Motors partners Malaysia's Ministry of Transport to reduce carbon emissions through EVs in the country

BYD Sime Motors partners Malaysia’s Ministry of Transport to reduce carbon...

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BYD Sime Motors, the official distributor of BYD cars in Malaysia, is partnering up with the Ministry of Transport (MOT) of Malaysia to advance the nation’s low-carbon mobility agenda.

New electrics for China dominate Shanghai’s car show

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China not only buys more cars than any other nation. But its manufacturers have also long since become major automotive players. Nowhere in the world is the market more dynamic than here in China, where the majority of new cars on offer are now electrically powered. While motor shows in other countries have faded into insignificance, the horsepower parade in Shanghai remains a highly regarded industry summit attended by millions of people. This time around the boot is on the other foot. Whereas
BYD Company (BYDDY) Stock: How This Chinese EV Maker Left Tesla in the Dust

BYD Company (BYDDY) Stock: How This Chinese EV Maker Left Tesla...

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BYD Company reports 60% sales growth in Q1 2025, unveils luxury Denza Z sports car, and forecasts doubled profits.
BYD Company (BYDDF) Is About to Report Q1 Earnings Tomorrow. Here Is What to Expect

BYD Company (BYDDF) Is About to Report Q1 Earnings Tomorrow. Here...

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BYD Company ($BYDDF) ($BYDDY) is gearing up to report Q1 earnings on April 25, with forecasts pointing to a massive profit surge despite global tariff pressures. Th...
Stocking up on Nvidia and BYD goes small in Japan

Stocking up on Nvidia and BYD goes small in Japan

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The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

Volkswagen Stuns with 3 New Electric Concept Cars at Shanghai 2025...

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Companies from all over the world are presenting their new and future vehicles at the 2025 Shanghai Motor Show going on in China. In this series,