Etiqueta: Rising

After slashing prices on its electric cars in Thailand, BYD is facing backlash from buyers. With up to nearly $10,000...

Chinese EV maker BYD (BYDDY) spiked over 20% in its second quarter EV sales, closing the gap behind Tesla (TSLA). Barclays estimates an 11% drop in second-quarter deliveries for Tesla, potentially losing its lead the market. Hurricane Beryl, currently making its way through the Caribbean into the Gulf of Mexico, has become a Category 5 storm, and the earliest Category 5 hurricane on record in the Atlantic. Mixed with rising tensions in the Middle East, Oil (BZ=F, CL=F) have begun to rise with some analysts predicting it can reach over $90 a barrel. The latest Job Openings and Labor Turnover Survey (JOLTS) is expected to show 7.9 million openings, while Federal Reserve Chair Jerome Powell is expected to speak at the ECB Forum. Trending tickers on Yahoo Finance include Tesla (TSLA), Chewy (CHWY), and BYD (BYDDY) . Top guests today include: 9:05 AM: Thomas Simons, Jefferies Senior US Economist9:20 AM: Michele Schneider, Marketgauge.com Chief Strategist10:05 AM: David Doyle, Macquarie Head of Economics10:45 AM: Mark McCormick, TD Bank Global Head of FX and EM Strategy

BYD has achieved record-breaking sales of electric and hybrid vehicles in the second quarter, according to sales data compiled by Bloomberg News.

The Chinese ride-hailing app has acclimated remarkably well to local conditions, challenging simplistic narratives about the entry of Chinese companies into the region.

BYD says it will ‘deal with’ any tariffs imposed on Chinese electric cars if they’re ever added in the UK. Europe is threatening Chinese electric cars

China’s BYD is leading a pack of electric vehicle (EV) manufactur­ers that are taking the world by storm. Not only have they over­taken their

When Germany’s national football team takes the field in Dortmund on Saturday, a game of geoeconomic chess will be taking place on the sidelines, with stakes that go beyond the European Championship.

Chinese brands place a high value on design and in-cabin technology and are laser focused on keeping cars affordable

Renowned investment tycoon Warren Buffett has recently accelerated the process of divesting his holdings in the Chinese electric vehicle manufacturer BYD. Buffett has executed two separate sales of his stake in the company within the span of a single month.

On June 27, Uzbekistan President Shavkat Mirziyoyev joined his Chinese partners in witnessing the start of production of electric vehicles at the BYD