Etiqueta: Europe

BYD has confirmed that Berkshire Hathaway completely sold off its remaining shares earlier this year, ending a 17-year run that began in 2008.

We live with a BYD Sealion 7 for a few months to see if it has what it takes to take on not only the Tesla Model Y, but also the mainstream ICE rivals like RAV4

Chinese automaker BYD's all-electric Yangwang U9 Xtreme hypercar set a world record top speed of 308.33 mph at Germany's ATP track, surpassing Bugatti's previous mark with its 2,977-horsepower quad-motor setup and advanced engineering. This milestone highlights China's rising dominance in high-performance EVs, challenging traditional automakers.

As it confirmed Berkshire has sold the last of its shares, the Chinese EV maker thanked Buffett and Munger for their 17-year investment.

China’s Yangwang U9 Xtreme proves EVs can outpace Europe’s combustion royalty

Chinese electric vehicle (EV) stocks NIO (NYSE: NIO) and Li Auto (NASDAQ: LI) slipped Friday following news that Beijing plans to implement stricter regulations on EV exports.

Tesla’s CEO Elon Musk criticized the analysis of European sales in August by Reuters, which wrote in its headline that Chinese giant BYD outsold the US brand in the EU.

August sales figures are in and BYD outsold Tesla in Europe for the second month in a row as the US company continues to struggle.