Etiqueta: News

Today, we're looking at European buyers are picking BYD over Tesla, and the UAW says Stellantis' proposed Detroit hub will cut jobs.

China’s BYD hit another big milestone - with rival Tesla receiving another piece of bad news.

Nike (NKE) plans to sell its merchandise directly on Amazon (AMZN) as the sports apparel giant anticipates price hikes of $2 to $10 amid tariff pressures. Chinese electric vehicle developer BYD (BYDDY, 1211.HK) outsells Tesla (TSLA) for the first time in Europe, according to JATO Dynamics data. Snowflake (SNOW) shares rise in Thursday's pre-market trading after beating first quarter earnings expectations and raising its full-year guidance. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

BYD will supply more than half of the total battery storage capacity at developer Grenergy’s 11GWh Oasis de Atacama project in Chile.

BYD and Toyota are bringing compelling new electric cars to market in Europe and China, while both are shut out by tariffs in the US.

The Dolphin Surf, a longer version of the Seagull, China’s best-selling EV in April, will increase BYD’s portfolio in Europe to eight full-electric cars.

The brand is going dormant until 2026, when it will re-emerge selling only higher-end electric vehicles.