Etiqueta: Germany

No one wins in a trade war, as economists have insisted for decades. Yet Elon Musk sure does seem to be blowing this maxim to smithereens. In January

Chinese electric vehicle maker BYD is set to release a model that will be able to drive up to 400 kilometres after just five minutes of charging, though experts warn of infrastructure challenges.

BYD has its sights set on Toyota. The world’s largest EV maker believes that once it reaches Toyota’s scale, it...

The EU’s EV sales targets for 2030 and 2035 look impossible, despite the arrival the cut-price BYD Surf. Pressure is mounting to allow new combustion power after 2035.

BYD has set a target to double its overseas sales to over 800,000 units in this year, reported Reuters citing the company chairman Wang Chuanfu as saying to analysts on an earnings call.

Wang Chuanfu, chairman and CEO of electric vehicle maker BYD, has added $9.3 billion to his wealth this year.

Tesla's Chinese competitor BYD recorded a 73 per cent jump in fourth-quarter profit on Monday and said its annual revenue for 2024 crossed the $100 billion US mark, surpassing the U.S. automaker.

The Shenzhen-based firm says revenue for last year came in at $107bn, boosted by sales of its hybrid vehicles.

Hyundai (HYMTF) is planning to expand in the US, with the automaker set to spend about $21 billion in the US through 2028. Additionally, shares of Chinese automaker BYD (BYDDY) jumped as the company reported better-than-expected earnings results, beating Tesla's (TSLA) full-year 2024 sales. Yahoo Finance Senior Reporter Pras Subramanian joins Market Domination hosts Julie Hyman and Josh Lipton to discuss Hyundai's expansion, BYD's earnings, and declining Tesla sales in Europe. To watch more expert insights and analysis on the latest market action, check out more Market Domination here.

China’s BYD beat estimates after sales topped the $100 billion mark for the first time last year. Even with lower-priced...