Etiqueta: Report

The world’s largest EV maker does not look to be slowing down anytime soon. Newly discovered documents show that BYD...

After decades of growing trade and current account imbalances in the U.S., the new administration has set out to change this equation. Now, a new mercantilism, rooted in tariffs and trade protection…

Chinese electric vehicle (EV) manufacturer BYD secured mining rights for two plots in Minas Gerais, Brazil's lithium-rich region also known as Lithium Valley, in 2023.

BYD acquired mining rights for two plots of land in a lithium-rich part of Brazil in 2023, Reuters reported.

Chinese electric carmaker BYD acquired mineral rights for two plots of land in a lithium-rich part of Brazil in 2023, entering the mining business in its biggest market outside of China, according to public records reviewed by Reuters. The EV producer's acquisition of mineral rights in Brazil is its most concrete step so far toward mining strategic minerals in the Western Hemisphere. The previously unreported acquisition of the mineral rights in late 2023 was made by BYD subsidiary Exploracao Mineral do Brasil, which was created in May of that year, documents showed.

Here is how Byd Co., Ltd. (BYDDY) and Strattec Security (STRT) have performed compared to their sector so far this year.

Stellantis reportedly signs deal with BYD for lithium iron phosphate (LFP) batteries for new short-range and low cost versions of its Citroën ë-C3 and Fiat Grande Panda.