Etiqueta: exports

BYD is charging up the competition with Hyundai on its home turf. The Chinese automaker plans to launch its Tesla...

Warren Buffett’s Berkshire Hathaway has further cut its large stake in BYD, which vies with Tesla as the world’s largest electric car (EV) maker, as global trade tensions escalate over Chinese EVs.

Warren Buffett’s Berkshire Hathaway has further cut its large stake in BYD, which vies with Tesla as the world’s largest electric car (EV) maker, as global trade tensions escalate over Chinese EVs.

Markets Defused gives an easy-to-understand and straightforward recap of the day’s most engaging business and stock market news.   Microsoft is set for...

Europe, for all of its bluster, hasn’t taken a completely hard line against the import of Chinese electric cars and hybrids. The resistance in the United Kingdom has been even weaker. Now that the tariff issue has been temporarily resolved, China’s leading EV automaker has a gambit to pierce the heart of even the toughest […]

Asian equities were lower overnight as Japan significantly underperformed and closed lower by almost -2%, though volumes in the region were light due to market holidays.

The investment mogul’s stake in the Chinese electric vehicle maker is effectively down more than 66%

Despite privacy concerns, a huge majority of young adults would buy a car from a Chinese auto company. Biden wants to stop them.

Chinese carmakers, especially BYD, have been expanding globally, driven by an electric-vehicle price war at home that has reduced prices and impacted profit margins.

According to the latest Kantar BrandZ Most Valuable Global Brands 2024 report, BYD has retained its position within the Top 10 global automotive brands for the second consecutive year, with a brand value exceeding US$10 billion. As a multinational enterprise spanning automotive, rail transit, new energy, and electronics industries, BYD has established a strategic presence across six continents. In 2023,[Read More...]