Etiqueta: News

Pre-orders for the BYD Sealion 6 is now open.

Warren Buffett’s Berkshire Hathaway Inc (NYSE:BRK) has reduced its stake in BYD Company (OTC:BYDDY), China’s largest electric vehicle maker, to below 5%, marking a continued shift in focus towards U.S. investments for the Omaha, Nebraska-based conglomerate. Berkshire recently decreased its holding in BYD to 4.94% from 5.06%, selling 1.4 million H shares at an average price of 246.96 Hong Kong dollars (approximately $31.64) per share, reported...

Despite Warren Buffet's Berkshire Hathaway selling BYD shares, the company sold nearly a million electric and hybrid vehicles in the second quarter, a record.

The days of calling BYD a “Buffett-backed” company may soon be coming to a close.

Strengthened fleet team, growing dealer network and new product to turbocharge Chinese manufacturer's expansion, says head of fleet sales Malcolm Fryer.

Boyd Group Income Fund (TSE:BYD.UN – Get Free Report) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.00 and traded as high as C$204.57. Boyd Group Income Fund shares last traded at C$202.00, with a volume of 110,066 shares traded. Boyd Group Income […]

Hong Kong stocks meandered as investors sought clarity on Beijing’s policy support after the Third Plenum expressed confidence in meeting development and growth targets by year-end, with several ministries due to release their own interpretations which would disclose more details. The Hang Seng Index was virtually unchanged at 17,622.02 at 10.50am local time. The Hang Seng Tech Index slid 1 per cent and the Shanghai Composite Index retreated 0.4...

BYD Company reportedly hired former Baidu executive Zhou Peng to lead its driver assistance technology development. Peng will focus on creating end-to-end large model planning and control algorithms, bringing experience from Baidu's smart driving unit and Baidu-backed EV maker Jiyue.

“China has yet to create a single international marquee of its own that is universally recognised and respected. It is time for Chinese carmakers to upend the order of the global automotive industry and chart a course into a new vast territory.”