Etiqueta: News
Chinese EV maker BYD set to enter South Korean market in...
The expected entry of China's BYD Auto into the South Korean consumer electric vehicle (EV) market this year will likely intensify competition within the low-cost segment of the market, which...
Warren Buffett’s Berkshire Hathaway dumps BYD shares following rise in trade...
Warren Buffett’s Berkshire Hathaway has further cut its large stake in BYD, which vies with Tesla as the world’s largest electric car (EV) maker, as global trade tensions escalate over Chinese EVs.
China EV maker BYD’s expected entry into S. Korea likely to...
By Chang Dong-woo SEOUL, June 18 (Yonhap) -- The expected entry of China's BYD Auto...
Microsoft, Polestar, BYD, Adidas, Disney, AMC – Markets Defused
Markets Defused gives an easy-to-understand and straightforward recap of the day’s most engaging business and stock market news. Microsoft is set for...
Berkshire Hathaway’s BYD stake, corporate inequality, Boeing: Catalysts
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.
Buffett Bails on BYD: What It Means for the Future of EV...
Warren Buffett's hedge fund Berkshire-Hathaway continues to reduce its position in BYD stock, renewing concerns about Buffett's outlook on the EV industry
China’s Biggest EV Automaker Is Using Soccer Madness To Conquer Europe...
Europe, for all of its bluster, hasn’t taken a completely hard line against the import of Chinese electric cars and hybrids. The resistance in the United Kingdom has been even weaker. Now that the tariff issue has been temporarily resolved, China’s leading EV automaker has a gambit to pierce the heart of even the toughest […]
China Market Update: May Retail Sales Beats As BYD’s Seagull Takes...
Asian equities were lower overnight as Japan significantly underperformed and closed lower by almost -2%, though volumes in the region were light due to market holidays.
Berkshire Hathaway takes more profit on BYD Company stock
Berkshire Hathaway continues to trim its stake in BYD Company, a leading electric vehicle maker, as the company positions itself for global growth.
Warren Buffett’s Berkshire Hathaway Further Reduces Position In This Tesla Rival,...
China's BYD has made a name for itself in the highly competitive Chinese auto market and the fact that Berkshire picked the company's stock over Tesla is a testament to its strength.
