Etiqueta: Rising

(Bloomberg) -- JPMorgan Chase & Co.’s analysts raised their price targets for BYD Co. by more than 80% on expectations the Chinese automaker will deliver 6 million vehicles globally in the next two years.Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatHurricane Beryl Makes a Mockery of Texas Climate DeniersMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidThe End of the Cheap Money Era Catches Up to Chelsea FC’s OwnerAsia’s Richest Banker Ge

Tesla's U.S. market share for electric vehicles dropped below 50 percent, with competitors gaining ground. Meanwhile, China's BYD plans a $1 billion car factory in Turkey. Bill Ackman is raising up to $20 billion for a new fund with lower fees and Volkswagen might close Audi's Brussels plant due to declining luxury EV demand. All this and more on this edition of World Street. Fed Chair testifiesFederal Reserve Chair Jerome Powell told lawmakers...

BYD’s batteries will make their way into tens of thousands of electric motorcycle taxis in Rwanda and Kenya.

“B2C Car Sharing Market” Size, Share & Trends Analysis Report 2024 – By Applications (Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle), By Types (Passenger...

BYD, the best-selling EV brand in Thailand, is facing investigation over drastic price cuts on its electric cars, leading to consumer backlash and complaints.

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

We expect BYD to significantly expand its market share in the foreseeable future. Read more to see our analysis of BYDDF stock and why it is rated as a Sell.

Chile EV Sales Report: Tesla & BYD Join Forces to Bring the EV Market to New Highs with 500% Growth YoY in May

Counterpoint Research predicts BYD will surpass Tesla in battery electric vehicle (BEV) sales this year, highlighting the dynamic global EV market.

On Tuesday, Tesla Inc (NASDAQ: TSLA) disclosed its second-quarter EV production and delivery figures and it topped Wall Street estimates with both as its deliveries fell less than expected. Still, the second quarter marked the first time the all-electric king posted two straight quarters of declines. These figures are the closest approximation of Tesla’s sales figures which the EV pioneer does not disclose. Also on July 2nd, BYD posted its second quarter EV sales with which it closed the gap wit