Etiqueta: News

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Company’s share price drops 18% on news of unexpectedly sharp decline.

Several accounts on Chinese social media Xiaohongshu (RedNote) have revealed images of the next generation of BYD “Flash Chargers” (aka, “megawatt chargers”). According to the label on the plastic wrap surrounding the charge gun, the 1000 V DC chargers offer up to 1200 kW of charging power, presumably for each gun. Other labels indicate 1500 kW and 2100 kW, which could be for the pile with two charge guns or some other system-level output. We will need to wait for confirmation. Of note, BYD’s current flash chargers introduced last March offer 1360 kW per pile, accessible via both charge guns used simultaneously. So, this is likely a bit of a performance upgrade.

Chinese automakers BYD and Xpeng saw a decline in stock values on the Hong Kong exchange due to lower January sales.

If you are wondering whether Boyd Gaming's current share price lines up with its underlying value, this article will walk you through what the numbers actually say. The stock last closed at US$84.54, with returns of 0.8% over the past week, a 1.9% decline over the past month, and gains of 11.3% over 1 year, 31.1% over 3 years, and 66.1% over 5 years. Recent news around Boyd Gaming has largely centered on ongoing interest in U.S. gaming and hospitality operators and how investors are weighing...

Canada and South Korea are working toward a new trade deal that would bring more auto manufacturing to that country.

BYD has formed a partnership with EVUK as part of efforts aimed at speeding up the UK’s shift towards fully electric transport.

BYD has partnered with Electric Vehicles UK (EVUK), an industry-to-consumer organization that aims to accelerate the UK’s move towards a fully electric future.Founded in 2024, EVUK’s mission i

Chinese car brands’ inroads in Mexico have unnerved Washington, rattled established automakers and alarmed the Mexican government, which is throwing up trade barriers. But even in the face of  new tariffs, China-made cars face little competition in the country’s growing market for electric vehicles. Cheap prices, government subsidies and a growing charging network all point to continued sales growth for China’s automakers in the country. Bloomberg News Mexico Business Reporter Amy Stillman details the rise of brands like BYD just across the border from the United States, and what it signals about car market competition and trade. Amy speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily. (Source: Bloomberg)