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Gary Black Says Price War By BYD Threatens Tesla — Dismisses Elon Musk's Comeback As 'Non-Event' - BYD (OTC:BYDDF), Global X Autonomous & Electric Vehicles ETF (NASDAQ:DRIV)

Gary Black Says Price War By BYD Threatens Tesla — Dismisses...

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Shares of Tesla Inc. (NASDAQ: TSLA) might be in for a rough week, according to fund manager Gary Black, following the announcement of steep discounts by the company's Chinese rival.
Tesla Rival BYD Tumbles After Launching China EV Price War. Several Rivals Fire Back.

Tesla Rival BYD Tumbles After Launching China EV Price War. Several...

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Tesla rival BYD has unveiled major discounts, with some rivals firing back in a new China EV price war. BYD stock plunged in Hong Kong trading.
China auto shares sink after BYD offers trade-in incentives

China auto shares sink after BYD offers trade-in incentives

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SHANGHAI (Reuters) -Shares in Chinese automakers such as BYD, Nio and Geely tumbled on Monday after industry leader BYD offered fresh incentives on over 20 models and the CEO of Great Wall Motors warned that the world's largest auto industry was in an unhealthy state. The Hong Kong-listed shares of BYD Co Ltd closed 8.6% lower, while Geely Auto fell 9.5%. Chinese electric vehicle giant BYD over the weekend announced a fresh round of subsidies and incentives for more than 20 models, which reduced the starting price of its cheapest model, the pure battery-powered Seagull hatchback, to 55,800 yuan ($7,765).
Chinese Auto Stocks Fall on Fears of Fresh Price War

Chinese Auto Stocks Fall on Fears of Fresh Price War

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Carmaker BYD last week offered discounts for many of its models, triggering industry concerns about another price war.
BYD shares drop in Hong Kong after price cuts

BYD shares drop in Hong Kong after price cuts

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BYD shares dropped 8.5% after announcing price cuts up to 35%.
Nio launches updated ET5/ ET5 Touring with 1,055 km range, starting at 41,100 USD

Nio launches updated ET5/ ET5 Touring with 1,055 km range, starting...

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Nio's upgraded ET5 series offers 490HP dual motors, 150kWh battery option, and 1055km range

The post Nio launches updated ET5/ ET5 Touring with 1,055 km range, starting at 41,100 USD appeared first on CarNewsChina.com.

Auto Shanghai 2025 Wasn’t Just a Car Show. It Was a...

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After poaching some of the best Western auto talent, China’s car industry is about to dominate globally with charging rates, ranges, luxury design, technology, and sheer volumes.
Bose Did It First, BYD Made It Real: The Evolution of Suspension Tech And Jumping Cars

Bose Did It First, BYD Made It Real: The Evolution of...

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Back in 2004, Bose showcased a suspension system that could do all the things BYD's Yangwang U9 electric supercar with DiSus-X suspension can do.
Nio’s Onvo L90 flagship SUV with 85kWh battery, 605 km range revealed

Nio’s Onvo L90 flagship SUV with 85kWh battery, 605 km range...

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With 440 kW AWD power, low energy consumption, and lightweight design, the L90 targets large SUV buyers under 55,000 USD (expected price)

The post Nio’s Onvo L90 flagship SUV with 85kWh battery, 605 km range revealed appeared first on CarNewsChina.com.