Etiqueta: Hong Kong

Beijing has called time on a bruising prices battle the EV maker was arguably leading

BYD and Shenzhen Port Group recently signed an agreement to expand cooperation between the automaker and port operator. While this news largely flew under the radar, the scope of the agreement goes far beyond BYD’s home ports to develop international logistics and decarbonize global shipping.

About 100 automakers need to be ‘pushed out’, says world’s largest electric-vehicle producer

BYD drivers will have direct access to TuneIn’s global radio and podcast catalog through their in-car entertainment systems...

Jefferies Financial Group downgraded BYD from a "strong-buy" rating to a "hold" rating in a research note on Monday.

Support CleanTechnica's work through a Substack subscription or on Stripe. Amid progressively contracting sales revenue, Chinese electric vehicle giant BYD has been forced to significantly recast its 2025 sales targets. The company has slashed its forecast by 16%, from an ambitious RMB39,300 million ($5.5 million) down to RMB32,850 million ($4.6 ... [continued]

Join Ramzan Karmali as he dives into today's trending tickers. American Eagle (AEO) gets a big pop after gaining unprecedented popularity with Gen Z customers after its marketing campaign with Sydney Sweeney. Nothing beats a Jet2 (DG1.F) holiday - except dwindling demand for trips abroad. And Tesla (TSLA)'s main rival, BYD, (002594.SZ) cuts its sales targets for 2025. Watch more from Market Sunrise on the Yahoo Finance homepage.

Chinese EV maker BYD reportedly slashes 2025 sales target by 16% amid declining profits and European sales surge.

(Reuters) -BYD has slashed its sales target for this year by as much as 16% to 4.6 million vehicles, two people with knowledge of the matter said, as the Chinese EV giant faces its slowest annual growth in five years and other signs that its era of record-setting expansion could be drawing to a close. China's largest automaker told analysts in March it was targeting sales of 5.5 million vehicles

China’s auto industry is reeling as brutal price wars slash profitability. According to China Daily, among the six major automakers that released first-half 2025 results, only BYD managed to stay profitable—and even its momentum is faltering, sending shockwaves through the market. BYD’s net profit rose 14% year-over-year in H1, but that marks a slo...