Etiqueta: Sales

The Chinese car group has demonstrated its ambitions at the Lyon Auto Show, which runs from September 24 to 28. Le Monde spoke with Stella Li, who jointly manages the company with her husband, Wang Chuanfu.

Last week, Financial Times reported that China was prohibiting major tech companies from buying AI chips from Nvidia, as the country grows confident in its domestic semiconductor industry.

MILAN (Reuters) -Leading Chinese automaker BYD will need to manufacture auto batteries in Europe as its car production in the region is expected to expand in the coming years, the group's special adviser for Europe said on Wednesday. BYD aims to produce all its EVs for sale in Europe locally within three years, helping it avoid EU tariffs, Executive Vice President Stella Li said earlier this month, adding plug-in hybrids should dominate the group's European sales in the short term. Asked whether BYD is considering a further facility serving Europe, its special adviser Alfredo Altavilla said the group would also need to produce batteries in the region.

Support CleanTechnica's work through a Substack subscription or on Stripe. “We are ready to address the public transport requirements in the Philippines,” Liu Xueliang, General Manager of BYD Asia Pacific’s Auto Sales Division, said, responding to a question from CleanTechnica on the availability of solutions for decarbonizing bus services in ... [continued]

By Nick Carey, European Autos CorrespondentGreetings from London!After many years of riding high, Porsche has hit what could only charitably be called a rough patch.Late on Friday, Porsche once again had to pull back from its electric vehicle rollout in a move that will hit parent company Volkswage…

Denza has unveiled the N8L interior, a six-seat plug-in hybrid SUV, with pre-sales opening September 26 in China.

Support CleanTechnica's work through a Substack subscription or on Stripe. BYD is clearly leading the electric vehicle market globally, but that’s mostly due to its dominance in China. Outside of China, it has been leading the EV way into numerous neglected, developing markets — in Asia, Africa, and South America. ... [continued]

Berkshire Hathaway has exited BYD after 17 years, closing a stake that yielded over twentyfold returns, according to a company filing

BYD (BYD, 1211.HK) stock drifted lower in Monday's session after CNBC reported Berkshire Hathaway (BRK-B, BRK-A) CEO Warren Buffett sold off the firm's full stake in the Chinese EV maker. Yahoo Finance senior autos reporter Pras Subramanian breaks down the latest. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime.

Shares of China’s BYD slipped on Monday on news Berkshire Hathaway fully exited its stake in the EV-maker.