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Warren Buffet reduces stake in Chinese EV giant BYD: Why and what's next?

Warren Buffet reduces stake in Chinese EV giant BYD: Why and...

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Despite Warren Buffet's Berkshire Hathaway selling BYD shares, the company sold nearly a million electric and hybrid vehicles in the second quarter, a record.
Warren Buffett's Berkshire Hathaway cuts its stake in EV giant BYD to under 5%, dropping below Hong Kong's disclosure threshold

Warren Buffett’s Berkshire Hathaway cuts its stake in EV giant BYD...

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The days of calling BYD a “Buffett-backed” company may soon be coming to a close.
Fleet growth to fuel BYD's ambitious plans for UK

Fleet growth to fuel BYD’s ambitious plans for UK

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Strengthened fleet team, growing dealer network and new product to turbocharge Chinese manufacturer's expansion, says head of fleet sales Malcolm Fryer.
New BYD Song Plus DM-i interior revealed days before July 25 launch

New BYD Song Plus DM-i interior revealed days before July 25...

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BYD will launch the Song Plus DM-i with DM 5.0 technology on July 25. Before that details of the interior have emerged.
Hong Kong Stocks: Buffett’s Berkshire Reduces BYD Stake Below 5% - TipRanks.com

Hong Kong Stocks: Buffett’s Berkshire Reduces BYD Stake Below 5% –...

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Warren Buffett’s Berkshire Hathaway ($BRK.A) ($BRK.B) has reduced its stake in the Chinese electric vehicle (EV) maker BYD Co. Limited ($HK:1211) to below 5%. Accor...
BYD to launch 2 new Song family models with DM 5.0 hybrid system on Jul 25

BYD to launch 2 new Song family models with DM 5.0...

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BYD will launch the 2025 Song Plus DM-i and Song L DM-i on July 25, and they will be the first BYD SUVs to be equipped with the latest DM 5.0 hybrid system.
Jiyue 01 from Geely-Baidu JV scored five stars in C-NCAP crash test

Jiyue 01 from Geely-Baidu JV scored five stars in C-NCAP crash...

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The Jiyue 01 electric crossover from the joint venture between Geely and Baidu scored five stars in the C-NCAP safety and crash test.

The post Jiyue 01 from Geely-Baidu JV scored five stars in C-NCAP crash test appeared first on CarNewsChina.com.

Warren Buffett just slashed his position in this EV stock

Warren Buffett just slashed his position in this EV stock

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Warren Buffett continued to reduce his holdings of BYD stock, which now stands at 4.94% of all outstanding shares.
Tesla Earnings Today: What Wall Street Expects; How the Stock Might React; What to Watch During the Call and Q&A

Tesla Earnings Today: What Wall Street Expects; How the Stock Might...

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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
China EV registrations in W28: Xiaomi 1,500, Nio 4,600, Tesla 10,500, BYD 66,700

China EV registrations in W28: Xiaomi 1,500, Nio 4,600, Tesla 10,500,...

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Xiaomi vehicle registrations were down 35%, and Tesla was down 8%, while Nio was up 35%, and BYD was up 8%.

The post China EV registrations in W28: Xiaomi 1,500, Nio 4,600, Tesla 10,500, BYD 66,700 appeared first on CarNewsChina.com.