Etiqueta: Rising

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

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.