Etiqueta: News

BYD Company reported a 21% increase in Q2 EV sales, with 426,039 units sold. Tesla faces a 6% drop in deliveries amid tough competition in China.

BYD has achieved record-breaking sales of electric and hybrid vehicles in the second quarter, according to sales data compiled by Bloomberg News.

Among the major news on Hong Kong stocks, BYD Co. Limited (HK:1211) achieved record-breaking new energy vehicle (NEV) sales in June 2024. The company sold 341,658 N...

The plant would create around 10,000 jobs, which would put it on a par with the largest plants in the country.

The company grows mostly thanks to plug-in hybrids.

Ford’s CEO Jim Farley offered more details about the automaker’s entry-level EV, which is expected to start at $30,000 and be profitable within 2.5 years.

BYD's 1,300-horsepower Yangwang U9 is built to bully the world's fastest hypercars for a fraction of their price.

The company's older lineup of vehicles is having a harder time keeping up with fresher offerings from rival electric car manufacturers

BYD Co sold a record number of electric and hybrid cars in the second quarter (2Q), sales data compiled by Bloomberg News shows, as price cuts and new technology stoked consumers into purchases. China’s best-selling car brand sold nearly one million models over the period, solidifying a rebound after a slow start to the year. The sales were driven in part by the company’s move to reduce prices across most models earlier this year, sacrificing profitability, to target gasoline models made by foreign brands.

The Chinese ride-hailing app has acclimated remarkably well to local conditions, challenging simplistic narratives about the entry of Chinese companies into the region.