Etiqueta: News

Stocks to watch this morning include CoreWeave (CRWV), the NVIDIA (NVDA)-backed AI cloud scaler, which is rising after some big swings in recent weeks. In the pharmaceutical sector, AstraZeneca (AZN) gains as it announces plans to list in New York, while GSK (GSK) and UCB SA (UCB.BR) are up on appointing a new CEO and positive trial results, respectively. And it's a high-stakes moment for Tesla (TSLA), BYD (1211.HK) and other makers of electric vehicles, amid a global slowdown and as a $7,500 tax credit comes to an end in the US. For more live coverage of markets watch the full episode of Market Sunrise and head to Yahoo Finance.

BYD projects to export between 800,000 and 1 million units in 2025, which is about 20% of its total sales.

Chinese EV giant BYD Co. Ltd. (OTC: BYDDY) (OTC: BYDDF) expects its overseas sales to make up about 20% of its total deliveries in 2025.

Strong vertical integration, particularly in terms of its shipping network, are helping to propel BYD’s global ambitions. By Stewart Burnett

BYD's (BYDDF) reported that the passenger vehicle exports hit 79,603 units in August, a massive 154.5% increase year-on-year and securing the second spot among manufacturers, according to export data compiled by the authoritative automotive media Bitauto

China’s BYD expects to export 800,000 to 1,000,000 EVs in 2025, about a fifth of its 2025 sales as it moves more cars on its own vessels and adds capacity overseas. “We estimate that the proportion of our overseas sales would hit 20 percent this year,” said Li Yunfei, BYD’s ...

Chinese auto maker BYD Co.

As it confirmed Berkshire has sold the last of its shares, the Chinese EV maker thanked Buffett and Munger for their 17-year investment.

Chinese electric vehicle (EV) stocks NIO (NYSE: NIO) and Li Auto (NASDAQ: LI) slipped Friday following news that Beijing plans to implement stricter regulations on EV exports.

Tesla’s CEO Elon Musk criticized the analysis of European sales in August by Reuters, which wrote in its headline that Chinese giant BYD outsold the US brand in the EU.