Etiqueta: Hong Kong

On Thursday, October 2, a consortium comprised of BYD, MKX Technologies and Zhidao Network Technology was awarded a contract with Singapore’s Land Transport Authority (LTA) for autonomous buses to start driverless public operation in the second half of 2026. BYD currently has over 300 electric buses BYD in operation or on order in Singapore. The initial pilot phase will add 6 autonomous vehicles alongside existing buses on the 191 and 400 lines, with potential to add another 14 buses in the trial phase. However, this could increase rapidly, with the LTA planning to have 100-150 autonomous vehicles on the road. As CNA reports:"This phased approach enables LTA to progressively scale up the deployment of autonomous buses, while ensuring bus operations remain reliable and safe… AV buses will complement existing buses, allowing us to maintain routes with lower ridership or introduce new services that are hitherto difficult to introduce due to manpower constraint."

BYD's hybrid SEAL U DM-i and electric SEALION 7 proved popular among U.K. consumers and dominated sales, the company said.

BYD (OTCMKTS:BYDDY) Shares Down 3.5% - What's Next?

Buffett's full sell - off of BYD shares offers a valuation warning, yet it doesn't signal the end of BYD's long - term growth potential.

Chinese EV Shares Sink As Tesla Reclaims Momentum In Global Market

BYD just took its first hit in 19 months. The automaker’s September sales dropped 5.5% year-on-year, with just over 396,000 cars sold, according to its Hong Kong stock filing on Wednesday. This is the first year-on-year decline since the streak began, and it’s happening while China’s domestic demand weakens and government pressure ramps up against […]

From Hong Kong’s first potential electric car manufacturing plant to BYD eyeing a sales boost, here are seven EV stories you may have missed.

BYD (BYDDY) stock fell 5% in September as Japan EV sales disappoint and Berkshire Hathaway exits its 15-year stake, raising investor concerns.

Stocks to watch this morning include CoreWeave (CRWV), the NVIDIA (NVDA)-backed AI cloud scaler, which is rising after some big swings in recent weeks. In the pharmaceutical sector, AstraZeneca (AZN) gains as it announces plans to list in New York, while GSK (GSK) and UCB SA (UCB.BR) are up on appointing a new CEO and positive trial results, respectively. And it's a high-stakes moment for Tesla (TSLA), BYD (1211.HK) and other makers of electric vehicles, amid a global slowdown and as a $7,500 tax credit comes to an end in the US. For more live coverage of markets watch the full episode of Market Sunrise and head to Yahoo Finance.