Etiqueta: exports
China bans hidden car door handles in world-first safety policy
There were accidents where users could not open car doors after accidents due to power failures. Read more at straitstimes.com. Read more at straitstimes.com.
BYD leads Chinese automaker selloff on weakening sales
HONG KONG, Feb 2 (Reuters) - Shares of BYD Co Ltd sank to their lowest level in at least a year on Monday, leading a broader selloff in Chinese automaker stocks after they reported weaker sales in January as a revised subsidy scheme weighed on budget car brands. The selloff underscores growing investor concern that China’s carmakers are heading into a prolonged slowdown as demand softens at home
BYD Shares Tumble to New 16-Month Low as January Sales Slump
Shenzhen-listed shares of BYD Group fell over 4.2% on Monday, closing at 87.05 yuan — the lowest price in 16 months — a day after the company reported its weakest sales figures in nearly two years.…
BYD Hit by Sharp January Decline Despite Global EV Push
BYD sold 210,051 NEVs in January, representing a 30.11% decline year-on-year and a steep 50.04% drop compared to December.
BYD sales fall for fifth consecutive month as global volumes slide
The Chinese brand that knocked Tesla off to become the world’s number one electric vehicle maker has posted another month of sliding sales.
BYD vehicle sales slump 30% in January as China demand cools
BYD Co. said sales dropped 30% in January, underscoring the challenges facing the electric vehicle maker’s efforts to boost sales just as a winding back of subsidies hurts demand in China.
Canada & South Korea Discuss Trade Deal As BYD Eyes India
Canada and South Korea are working toward a new trade deal that would bring more auto manufacturing to that country.
Vietnam becomes BYD’s next strategic «power battery» in its global playbook
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BYD begins construction of Vietnam battery plant in partnership with local...
The battery plant involves a total investment of $130 million, with a combined annual capacity of 6 GWh across two phases.
BYD wants to grow outside of China
Chinese market leader BYD aims to sell 1.3 million vehicles outside China by 2026—about 24 per cent more than the previous year. To meet its 2030 ambitions,
