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Future of Automotive Industry worth 104 million units by 2030 |...

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Automotive Industry, encompassing PV, LCV, and MHCV, size is projected to grow from 88 million units in 2024 and is projected to hit 104 million units by 2030, at a CAGR of 2.4%, according to a new report by MarketsandMarkets. The growth of the automotive industry is influenced by various factors such as adoption of electric vehicles, development and manufacturing of long-range batteries along with installation of fast and ultra-fast charging points, introduction of autonomous vehicles, deployme
Could Cheap Chinese EVs Reach US From Mexico? | Transport Topics

Could Cheap Chinese EVs Reach US From Mexico? | Transport Topics

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Low-priced Chinese EVs pose a potentially “extinction-level event’’ for America’s auto industry.
Vanguard Group Inc. Sells 545,927 Shares of Boyd Gaming Co. (NYSE:BYD)

Vanguard Group Inc. Sells 545,927 Shares of Boyd Gaming Co. (NYSE:BYD)

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Vanguard Group Inc. reduced its stake in Boyd Gaming Co. (NYSE:BYD – Free Report) by 6.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,434,379 shares of the company’s stock after selling 545,927 shares during the period. Vanguard Group Inc. owned approximately 7.66% […]

Hozon files Hong Kong IPO to raise funds for its global...

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Hozon New Energy Automobile, the start-up behind the Neta brand of electric vehicles (EVs), has applied to raise capital in Hong Kong, joining BYD, Xpeng and Li Auto in using the world's fourth-largest stock market as the launching pad to fund its overseas expansion and escape China's brutal discount war. Hozon plans to use the money from its initial public offering (IPO) to support its "internationalisation strategy", where it plans to "localise" its production facilities in different markets,

The Largest Automotive Market in the World

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We recently compiled a comprehensive report detailing the 20 Largest Automotive Markets in the World. In this article, we’ll be taking a look at what’s going on in the global auto industry and the largest automotive market in the world. The Global Automotive Industry: A Brief Overview Providing millions of jobs and supporting numerous sectors, […]
Wellington Management Group LLP Has $21.63 Million Position in Boyd Gaming Co. (NYSE:BYD)

Wellington Management Group LLP Has $21.63 Million Position in Boyd Gaming...

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Wellington Management Group LLP reduced its stake in shares of Boyd Gaming Co. (NYSE:BYD – Free Report) by 1.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 345,519 shares of the company’s stock after selling 6,264 shares during the quarter. Wellington Management […]

Car Antifreezes Market Growth and Status Explored in a New Research...

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“Car Antifreezes Market” Size, Share & Trends Analysis Report 2024 – By Applications (Passenger Vehicle, Commercial Vehicle), By Types (Ethylene Glycol Coolant, Propylene Glycol Coolant,...

Most of China’s Top Auto Suppliers Are Expanding Into Europe, Report...

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North America and Southeast Asia are also favored destinations as firms look to avoid tariffs and better serve carmakers with local operations
China: A BYD Flagship Store in Yancheng

China: A BYD Flagship Store in Yancheng

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Yancheng, Jiangsu, China - June 15, 2024 New energy, gasoline and hybrid vehicles are displayed at a BYD flagship store in Yancheng city, Jiangsu province, China, June 15, 2024. Driven
Warren Buffett’s Berkshire Hathaway slashes BYD stake to 5.99%

Warren Buffett’s Berkshire Hathaway slashes BYD stake to 5.99%

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Berkshire Hathaway reduced its BYD stake by 2,017,500 shares on June 19, 2024, at an average price of HKD 234.57 ($30) per share.