Etiqueta: EU

(Bloomberg) -- Short-sellers are losing conviction on bets against BYD Co. shares, which may continue to outperform other Chinese electric-vehicle stocks if its results next week are as good as expected.Most Read from BloombergChicago's Migrant Surge Is Stirring Trouble for Democrats in DNC Host CityUK Transport Minister Clears Path for More 20mph Speed ZonesWith Self-Driving Vans, Hamburg Tries to Make Microtransit WorkThe Serious Work That Free Play Can DoShort interest in BYD’s Hong Kong-list

Tesla and BYD are emerging as major winners in the global EV race following the EUs decision to drastically reduce tariffs on Chinese imports, a strategic shift that could redefine market dynamics. EU Slashes Tariffs on...

Electric cars made in China are getting a break after the EU cut proposed tariff rates on EV imports. Tesla...

The car manufacturer BYD wants to establish itself on the world market - also through partnerships, for example with Uber and Forvia.

China’s car giant BYD’s announcement to build a billion-dollar factory in Turkey represents a significant turnaround in bilateral relations. However, concerns persist regarding human rights issues and…

In July 2024, BYD achieved a significant milestone by setting a new record for new energy vehicle (NEV) sales. The company sold 342,383 NEVs, marking a robust 30% increase from the previous year. This impressive performance underscores BYD’s growing dominance in the global electric vehicle market. However, as BYD seeks to broaden its reach into the...

Given BYD's aggressive expansion, strong sales momentum, and continuous innovation in battery technology, AI-driven models forecast a realistic stock price target of $70 to $75 by the end of 2024.

Tariffs on Chinese electric vehicles (EV) will likely boost investments in new European factories, which is good news but could also undermine Europe’s industrial base, to address this challenge the EU needs to strengthen and unify its investment rules, writes Tobias Gehrke.