Etiqueta: exports

In China's EV market, consumers are shifting from Tesla and BYD amid sales declines—Tesla down 5% and BYD 14.3% in August—due to economic slowdowns, aging products, and CEO controversies. Emerging rivals like Xiaomi and Zeekr gain ground with innovation and pricing, prompting industry leaders to adapt through diversification and new strategies.

BYD's Strategic Investment in iCar Group: A Win-Win for EV Ecosystem Expansion and Cross-Border Synergy

Over the past few days, I have been scouring through BYD’s 1H Interim Report. Overall, performance was what I expected, if below some projections, but a few notable items stood out.

BYD’s profit fell nearly 30% in Q2, its first decline in three years.

BYD’s Earnings Miss and Margins Under Pressure in a Competitive China EV Market

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

BYD has begun exporting cars made in Thailand to Europe, partly in response to Thai policies that apply to vehicle imports.

BYD is charting an ambitious global course, and investors may want to take a closer look at whether this stock could offer the ride of a lifetime.

BYD's Strategic Shift to Thai Production and EV Exports to Europe: A New Era for Southeast Asia's EV Ecosystem

BYD said on Monday that it has made its first exports from Thailand to Europe as a shipment of more than 900 Dolphin hatchbacks left for destinations