Etiqueta: EV

This incredible growth stock isn't on enough investors' radars.

Key PointsBYD isn’t a household name within the United States largely because it doesn’t do business here.Nevertheless, this EV powerhouse does do business where electric vehicles

BYD's 30% Earnings Drop: A Cautionary Tale for EV Investors?

Support CleanTechnica's work through a Substack subscription or on Stripe. Apparently, we jumped the gun a couple of days ago writing about the markets where BYD has been expanding. It’s been growing in Nepal, Malaysia, and Cambodia, and it has also begun exporting vehicles from Thailand to Europe. Now we ... [continued]

Yahoo Finance Senior Business Reporter Ines Ferré tracks Friday's top moving stocks and biggest market stories in this Market Minute. Gold (GC=F) is pushing back toward record highs. BYD (BYDDY) stock is slipping after the company reported a decline in quarterly profits. Tesla (TSLA) stock extends declines from the company's continued loss in European auto sales. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.

China successfully subsidized a massive expansion of its auto industry; now it has more cars than customers.

Second-quarter profits drop 30 per cent for the world’s largest EV maker, despite 145 per cent year-on-year rise in overseas deliveries.

The Chinese auto giant’s results come amid concerns the company won’t meet its sales target for the year.

Chinese carmaker’s revenues also affected by Beijing’s campaign against discounting which has cooled EV price war