Etiqueta: Hong Kong
Chinese EV Maker BYD Outpaces Tesla in Global Sales Race
The battle for supremacy in the electric vehicle sector appears to have reached a pivotal moment, with Chinese manufacturer BYD establishing a clear lead ove
BYD Extends Lead in Global EV Race as Aggressive Strategy Pays...
The battle for electric vehicle supremacy continues to intensify, with Chinese automaker BYD demonstrating sustained momentum in the third quarter. Fresh dat
BYD Shares Rally as Market Leadership and New Safety Rating Boost...
BYD's stock staged an impressive recovery in Hong Kong trading today, climbing 3.3% and breaking a week-long downward trend. The resurgence follows a triple
BYD’s Asian Shares Jump After It Retains Global EV Crown —...
・TrendForce data showed BYD kept its lead in global BEV market share, while Tesla posted stronger quarter-on-quarter growth. ・Several fast-rising Chinese EV makers, including Geely, Leapmotor, Xpeng and Xiaomi, gained more global share in Q3. ・Global NEV sales continued to accelerate, with both BEVs and PHEVs posting solid year-on-year gains. BYD’s...
China buyers at auto show downplay Tokyo tensions
GUANGZHOU: Car enthusiasts browsing Japanese brands at one of China's biggest annual auto shows are shrugging off diplomatic tensions between the two countries, saying quality and value for money still trump politics when choosing a vehicle.
Buyers downplay Japan tensions at China auto show
GUANGZHOU: Car enthusiasts browsing Japanese brands at one of China’s biggest annual auto shows shrugged off diplomatic tensions between the two countries on...
Chinese buyers downplay Japan tensions at auto show
By David Kirton and Josh Arslan GUANGZHOU (Reuters) -Car enthusiasts browsing Japanese brands at one of China’s biggest annual auto shows shrugged off diplomatic tensions between the two countries on Saturday, saying quality and value for money still trump politics when choosing a vehicle. "Economics is economics, politics is politics, and the two shouldn’t be mixed,” said Wang, 42, who works in
BYD Moves to Drop In-House Supplier Notes, Shifts Toward Bank Paper
BYD is moving to phase out the use of its in-house Dilian electronic payment notes to settle supplier bills and shift to commercial paper or bank notes instead, Reuters reported Friday, citing...
BYD shifts away from in-house payment system that strained suppliers, sources...
BYD, one of the world's biggest electric vehicle makers, now wants to use commercial paper or bank notes to pay suppliers rather than promissory notes issued on Dilian, an electronic platform it launched in 2018, the people said. But a brutal price war in the Chinese auto industry has battered parts suppliers who have complained about increasingly long periods before being paid and pressure from automakers to cut prices. DILIAN NOT DIRECTLY REGULATED China-focused Auto Business Review also reported last week that BYD has, over the past two weeks, started to move away from Dilian notes to bank notes or commercial paper.
