Etiqueta: Industry

The figures come on the heels of China’s top industry regulator promising to strengthen efforts to rein in “involution-style” competition in the country’s auto industry.

Chinese electric vehicle giant BYD saw its market capitalization plunge in late May after initiating sweeping price cuts of up to 34%, fueling fears of a full-blown price war and prompting speculation over potential regulatory intervention. The aggressive strategy has raised alarms across the industry over the long-term health of China's electric vehicle sector.

Tesla's robotaxi launch is sparking buzz, but with weak EV sales and rising rivals like BYD, is TSLA still worth the hype?

BYD is no longer just building electric cars; it’s building pressure. As China’s dominant electric vehicle (EV) maker cuts prices, scales exports, and tightens its grip on market share, competitors, especially at home, are feeling the strain, but in Africa and Asia, the tide may just be what they need ...

Chairman of Great Wall Motor says EV price war, profitability problem could nudge industry into a liquidity crunch.

As BYD slashes prices again, automakers, regulators, and suppliers react sharply, warning of unsustainable tactics and long-term market risks

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

BYD has announced new partnerships to significantly expand its network of megawatt charging stations for electric cars beyond the 4,000 planned to date. BYD