Etiqueta: Sales

Chinese manufacturer BYD (short for Build Your Dreams) has announced UK pricing for its BYD SEAL U DM-i plug-in hybrid SUV

Brussels' decision to impose tariffs on Chinese electric vehicles will impact companies such as BYD Co (OTC:BYDDF) and SAIC, as well as Tesla Inc (NASDAQ:TSLA), which manufactures in China. Starting next month, the European Commission plans to apply provisional duties of up to 25% on imported Chinese EVs, aiming to counteract the subsidies Chinese manufacturers receive from their government. This measure could escalate to about 35%, significantly lower than the 100% duties applied by the U.S., t

The European Union will impose additional tariffs of up to 38.1 percent on electric vehicles imported from China starting from July.

Chinese automaker BYD continued its dominance in the Brazilian electric vehicle (EV) market in May, securing an impressive 71.4 percent market share, according to data released by Fenabrave, the Brazilian vehicle distribution federation.

Why You Should Care!

Denza's first flagship store in Hong Kong will open at the end of June, and it will enter more overseas markets in the future.

While BYD made a fortune out of the 900% increase in EV sales in Southeast Asia last year, its regional rival Vinfast is upping the ante

EV stocks are grappling with lower sales and dwindling profit margins, which has left investors wary of the sector’s long-term outlook. However, the high-end EV market lull offers an excellent opportunity to scoop up some undervalued EV stocks. Though the industry is up against major challenges, denying the sector’s incredible long-term potential is tough. These three EV stocks are some of the best picks to bank on amidst the industry’s...

BYD Company Limited's aggressive expansion into global markets with affordable EV options could threaten Tesla and others. Learn more on BYDDF stock here.

The EU is set to impose tariffs of up to 38% on Chinese electric vehicles to stop the dumping of cheap cars. But some auto producers are already scaling back investments in Europe due to poor sales.