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Auto companies ‘in full panic’ over rare-earths bottleneck

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BERLIN/LONDON/DETROIT (Reuters) -Frank Eckard, CEO of a German magnet maker, has been fielding a flood of calls in recent weeks. Exasperated automakers and parts suppliers have been desperate to find alternative sources of magnets, which are in short supply due to Chinese export curbs. "The whole car industry is in full panic," said Eckard, CEO of Magnosphere, based in Troisdorf, Germany.
China's EV race to the bottom leaves a few possible winners

China’s EV race to the bottom leaves a few possible winners

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China's electric car price war shows little sign of letting up, putting more pressure on companies to survive.
Why Elon Musk’s Tesla rival BYD is suing 37 influencers, offering 'huge' rewards for... - The Times of India

Why Elon Musk’s Tesla rival BYD is suing 37 influencers, offering...

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Social News: BYD, a Tesla competitor, is taking legal action against 37 influencers and monitoring 126 others for allegedly spreading disinformation online. The co
Sunday China Drive | BYD’s Fang Cheng Bao Tai 3: performance backs up its hardcore looks

Sunday China Drive | BYD’s Fang Cheng Bao Tai 3: performance backs...

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Urban-ready yet trail-capable, the Tai 3 blends boxy looks, dual-motor power, and BYD tech in a compact package

The post Sunday China Drive | BYD’s Fang Cheng Bao Tai 3: performance backs up its hardcore looks appeared first on CarNewsChina.com.

BYD Company Limited (OTCMKTS:BYDDY) Raises Dividend to $0.88 Per Share

BYD Company Limited (OTCMKTS:BYDDY) Raises Dividend to $0.88 Per Share

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BYD Company Limited (OTCMKTS:BYDDY) announced a dividend on Friday, June 6th. Shareholders of record on Thursday, June 12th will be given a dividend of 0.8801 per share on Wednesday, August 13th. This represents a dividend yield of 0.84%. The ex-dividend date is Wednesday, June 11th. This is a 21.9% increase from BYD's previous dividend of $0.72.
BYD To Triple Its South African Dealerships By 2026

BYD To Triple Its South African Dealerships By 2026

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On Thursday, BYD Company Limited (OTC:BYDDF) announced plans to nearly triple its dealership network in South Africa by 2026. This aggressive expansion aims to grow the company’s market share in what is considered Africa’s largest automotive market. BYD launched in South Africa in 2023 with its battery electric ATTO 3 vehicle and currently operates ~13 […]
BYD outsold Tesla in the UK last month and it's catching up fast for the year

BYD outsold Tesla in the UK last month and it’s catching...

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BYD is making its presence felt in the UK after registrations jumped more than fivefold last month. The EV leader...
BYD to nearly triple its dealer network in South Africa by 2026

BYD to nearly triple its dealer network in South Africa by...

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BYD plans to expand its dealer network in South Africa to 20 stores by the end of this year and increase to 30 to 35 stores by 2026.
BYD Company Limited Announces Dividend of $3.97 (OTCMKTS:BYDDF)

BYD Company Limited Announces Dividend of $3.97 (OTCMKTS:BYDDF)

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BYD Company Limited (OTCMKTS:BYDDF) announced a dividend on Thursday, June 5th. Shareholders of record on Wednesday, June 11th will be paid a dividend of 3.974 per share on Tuesday, July 29th. This represents a dividend yield of 1.05%. The ex-dividend date of this dividend is Tuesday, June 10th.
China Warns BYD, Rivals to Self-Regulate on Price War Woes

China Warns BYD, Rivals to Self-Regulate on Price War Woes

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(Bloomberg) -- Chinese officials summoned the heads of major electric vehicle makers, including BYD Co., to Beijing earlier this week to address concerns about the long-running price war, according to people familiar with the matter. Most Read from BloombergICE Moves to DNA-Test Families Targeted for Deportation with New ContractThe Global Struggle to Build Safer CarsNYC Residents Want Safer Streets, Cheaper Housing, Survey SaysThe Buffalo Architect Fighting for Women in DesignThe meeting was ho