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Warren Buffett's Berkshire Hathaway raked in billions from BYD, the China EV maker Munger called a 'damn miracle'

Warren Buffett’s Berkshire Hathaway raked in billions from BYD, the China...

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The BYD bet turned out to be one of Berkshire's best, with its value ballooning to $8 billion at BYD's peak as the EV market exploded.
GM Fights Back Against BYD Seagull With Updated Wuling Bingo

GM Fights Back Against BYD Seagull With Updated Wuling Bingo

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DETROIT - The BYD Seagull is a hot-button car in the EV world, for good reason. It’s small, cute, has good range and costs just $11,000. EV enthusiasts have been excited as the car starts to make its way outside of China, into markets like Latin America and Western Europe under the name
Berkshire Hathaway's BYD stake, corporate inequality, Boeing: Catalysts

Berkshire Hathaway’s BYD stake, corporate inequality, Boeing: Catalysts

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US equities (^GSPC, ^DJI, ^IXIC) have rallied in the past few months, with some questioning whether "American exceptionalism" is driving this market activity. Outgoing Boeing (BA) CEO Dave Calhoun will testify before a US Senate panel on June 18 to address safety concerns about the Boeing 737 MAX. Warren Buffett's Berkshire Hathaway (BRK-A, BRK-B) is cutting its stake in Chinese EV maker BYD (BYDDY,1211.HK), selling nearly $40 million of its stock. The Biden administration is pushing back against former President Trump's plan to replace income taxes with tariffs. Meanwhile, US Treasury Secretary Janet Yellen has warned that the tariffs could make life even more unaffordable for American consumers. For more expert insight and the latest market action, click here.
Six EVs Were Driven Till They Died, Guess Which One Came Last | Carscoops

Six EVs Were Driven Till They Died, Guess Which One Came...

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Six EVs Were Driven Till They Died, Guess Which One Came Last

Faraday Future Delivers an FF 91 2.0 to First Retail Investor...

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LOS ANGELES, June 13, 2024--Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) ("Faraday Future", "FF" or "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced that it delivered the latest FF 91 2.0 for prominent retail investor Jun He. The Chief Operating Officer of his U.S. branch accepted the vehicle at the delivery event which took place at the Company’s Los Angeles headquarters. Guests included FF Founder and Chief Product and Use

Green Industrial Policy: A Holistic Approach

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Ilaria Mazzocco writes that U.S. policymakers face trade-offs in trade, climate, geopolitics, and domestic economic outcomes. They must approach policy with a more holistic assessment of the risks and opportunities of integrating climate strategy with economic policy.
China to Invest $820 Million in All-Solid-State Battery Research - EV

China to Invest $820 Million in All-Solid-State Battery Research – EV

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China is set to invest around 6 billion yuan ($820 million) to promote research and development in all-solid-state batteries, the local media outlet China Daily reported on Wednesday
Why Are BYD Shares So Much Cheaper Than Tesla's? (OTCMKTS:BYDDY)

Why Are BYD Shares So Much Cheaper Than Tesla’s? (OTCMKTS:BYDDY)

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BYD is growing faster than Tesla and is introducing way more new models and it generates much more cash flow. Find out why BYDDF stock is a Buy.
BYD Sends Yangwang Hyper-BEV to Goodwood

BYD Sends Yangwang Hyper-BEV to Goodwood

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European charm offensive to compete on hill-climb at the famous Goodwood Festival of Speed.

Nissan’s electric car flood! Four new Nissan EVs lead new ‘Arc’...

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Nissan just can’t seem to get enough of electrified concept cars, having revealed another quartet of ‘new energy vehicles’ (NEVs) at the 2024 Beijing Auto Show.