Etiqueta: Industry

Buick has once again shown their incredible design work in a new futuristic concept car, the Electra Orbit Sedan, exhibited recently in Shanghai.

Europe’s auto industry will be grappling with a moribund economy and an existential threat from China as a motor show in Munich gets underway.

Qualcomm and BMW unveil Snapdragon Ride Pilot, a hands-free driver-assistance system targeting Tesla and BYD competition.

China’s largest vehicle manufacturer, BYD Auto, has cut its full-year 2025 global sales target by 16% to 4.6 million units.

There are essentially two different ways a company can account for Research and Development (R&D) spending: as an operating expense that reduces reported net earnings or as a capital expenditure, counted as investing money from net earnings and other sources. One shows up on the income statement, the other shows up on the balance sheet. It might seem like a minor difference, but it can significantly impact financial reporting and how a company approaches R&D.

BYD invests $600 million into the production of electric and hybrid vehicles in Brazil, a testament to the strong trade relations between the nations at the moment.

With Chinese EV automaker BYD taking some serious financial hits recently, it should act as a warning to the auto industry. After all, just a few short weeks ago, many in the industry were declaring BYD not only wouldn’t fall but was heralding the future of the automobile. While we would love to believe the situation will act as a great object lesson to those who make big decisions, we sadly believe it won’t. This is how Chinese automakers game the system. In case you haven’t heard, BYD saw its

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

BYD's Target Cut: A Bellwether for China's EV Sector Slowdown?

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...