Etiqueta: Geely

BYD's Margin Compression and Strategic Resilience in China's Price War-Driven EV Market

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

This marks the first year-on-year decline in BYD's net income since the first quarter of 2022.

BYD, best known for affordable mass-market EVs, is now pushing into luxury territory with models priced above $200,000. The Shenzhen automaker opened a new “all-terrain circuit” in Zhengzhou this month as part of a 5 billion yuan ($700 million) plan to build public tracks designed for new energy vehicles, Bloomberg reported. For 599 yuan, visitors ...

China's fiercely competitive auto market is entering a new phase of high-stakes rivalry, with two private-sector titans — Geely Automobile and BYD — locked in an increasingly intense battle for dominance.

Chinese EV makers invested more in overseas plants than domestic ones in 2024, marking a global market shift

The Korean EV market is showing signs of emerging from a stagnant period in the first half of this year, with brands such as Tesla, Polestar, and BYD exhibiting notable growth rates. According to industry data on Thursday, Tesla's cumulative sales from January to July reached 26,569 units, accounting for 62.3% of the total imported EV sales (42,613...

The Oracle of Omaha has once again brought simple clarity to an uncertain situation.