Etiqueta: Rising
BYD allots US$5 billion for forex derivatives trading to hedge risks...
BYD, the world's largest electric vehicle (EV) maker, has earmarked US$5 billion for foreign exchange derivatives trading to reduce risks to its fast-growing global operations from the yuan's volatility amid rising geopolitical tensions. "To offset the adverse impact from wild fluctuation in exchange rates and save financial expenses, the company has decided to carry out foreign exchange hedging through derivatives trading," BYD said in a filing to the Hong Kong stock exchange on the weekend. "T
Overseas carmakers in Korea sandwiched by influx of ultra-cheap BYD EVs

BYD Korea will ratchet up pressure on overseas carmakers here - particularly non-luxury brands with limited electric and hybrid lineups - as they are at growing risk of losing their identity as cost-effective carmakers amid the upcoming influx of ultra-cheap Chinese vehicles, experts and industry officials said Tuesday.
Growth Trends in the North American Electric Vehicles Market, 2025-2030, Featuring...
PHEVs Estimated to Register the Highest CAGR (Over 35%) During 2025-2030 Owing to the Rising Demand for Electric Buses and Trucks Across the Logistics and Transportation Industry North American Electric Vehicles Market North American Electric Vehicles Market Dublin, Jan. 21, 2025 (GLOBE NEWSWIRE) -- The "North America Electric Vehicles Market Size, Share & Trends Analysis by Product, Vehicle, and Country, 2025-2030" report has been added to ResearchAndMarkets.com's offering. The North America el
BYD Shenzen Sets Sail: The Future of Car Transport?

BYD Shenzen Sets Sail: The Future of Car Transport? - La Noticia Digital
How German industry can survive the second China shock

China's industrial subsidies and aggressive export-led growth are undercutting German manufacturing. To defend its automotive and engineering sectors, Germany must finally get tough on China with trade and industrial policies.
BYD Running Away from Tesla on Vehicle Sales

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! We’ve now got Tesla’s quarterly sales numbers through 2024 and BYD’s quarterly sales numbers through 2024 (after crunching some numbers). So, it’s time for an updated look at the biggest EV sales rivalry of ... [continued]
BYD Xia MPV model hits market, starting at 249,800 yuan

Shanghai (Gasgoo)- On January 8, BYD officially put its latest MPV model, the Xia, onto the market. The model is available in four variants, priced between 249
A ‘Made in China’ crisis awaits Big Auto

The profound and sustained challenge to auto industry economics will force cost cutting, mergers — and all the political wrangling, labor unrest and trade friction this entails.
Chinese EV giant BYD beats domestic players to hit record 2024...

Electric vehicle company BYD has announced record sales for the last year, boosted by rising Chinese demand, as well as government trade-in deals.
Chinese BYD tops Tesla in fourth quarter, delivers record EV vehicles

According to both companies' production and sales results for the year 2024, Tesla delivered 495,570 electric vehicles (EVs) during the fourth quarter, while BYD delivered 595,413 units.