Etiqueta: Elon Musk

No timeline yet, but drivers beware: Plans include collaboration on autonomous-capable vehicles

BYD, a Chinese EV maker, recently filed a regulatory document in an attempt to enter the Canadian market as the nation considers regulatory moves on China’s EV market, according to multiple media r…

Tesla CEO Elon Musk warned that Chinese EV maker BYD needs to change its approach to vehicle autonomy fast to avoid going obsolete.

(Bloomberg) -- Uber Technologies Inc. will team up with BYD Co. to put 100,000 electric vehicles onto the ride-hailing company’s platform, in a major deal between American and Chinese businesses that notably excludes the US.Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundHamas Says Israel Killed Political Leader With Airstrike in

Uber Technologies and Chinese automaker BYD announced a multi-year partnership on Wednesday aimed at bringing 100,000 new electric vehicles to the ride-hailing platform globally. The partnership, starting in Europe and Latin America, will offer drivers accessible pricing and financing for BYD's EVs on the Uber platform and will expand to markets in the Middle East, Canada, Australia and New Zealand, the companies said. High sticker prices for electric vehicles and increased borrowing costs have acted as barriers to EV adoption over the past two years, causing demand for such vehicles to grow at a slower-than-expected pace.

With the Canadian government’s 30 days of consultation about possible tariffs on Chinese-made electric vehicles coming to an end this week, it’s been discovered that BYD (Build Your Dreams) is actively preparing an entry into Canada. As Automotive News reports, lobbyists representing the Chinese EV maker registered with the federal …

China’s BYD Races Ahead With New Plants In Emerging Markets | Global Finance Magazine

Singapore emerged as one of the main markets of focus for BYD in the region, with the carmaker launching an aggressive marketing campaign in the city-state

Warren Buffett continued to reduce his holdings of BYD stock, which now stands at 4.94% of all outstanding shares.

Warren Buffett is paring down his investment in China’s biggest electric vehicle company. That doesn’t mean he’s about to invest in Tesla. Berkshire Hathaway, the company Buffett controls, reduced