Etiqueta: News

Cambodian Prime Minister Hun Manet said BYD – a publicly listed Chinese multinational manufacturing company – has intended to open an automotive assembly plant in the Kingdom.

Automotive Industry, encompassing PV, LCV, and MHCV, size is projected to grow from 88 million units in 2024 and is projected to hit 104 million units by 2030, at a CAGR of 2.4%, according to a new report by MarketsandMarkets. The growth of the automotive industry is influenced by various factors such as adoption of electric vehicles, development and manufacturing of long-range batteries along with installation of fast and ultra-fast charging points, introduction of autonomous vehicles, deployme

Shavkat Mirziyoyev got acquainted with the BYD Uzbekistan Factory joint venture and signed the first electric cars.

Low-priced Chinese EVs pose a potentially “extinction-level event’’ for America’s auto industry.

Vanguard Group Inc. reduced its stake in Boyd Gaming Co. (NYSE:BYD – Free Report) by 6.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,434,379 shares of the company’s stock after selling 545,927 shares during the period. Vanguard Group Inc. owned approximately 7.66% […]

Thanks for joining us this Thursday June 27th 2024. Notably in car news today: Hyundai has globally revealed its next electric vehicle, the Inster, at the Every important car news story breaking today, one convenient read

Previously, Berkshire Hathaway held a substantial 20.5% stake in BYD shares as of December 2021. However, the company began divesting its holdings in late summer 2022 due to significant appreciation in BYD's share price, which had multiplied twenty-fold from its original purchase price.

There is sustantial doubt about Faraday Future stock surviving but the luxury EV maker has a Plan B to remain in business.