Etiqueta: Sales

For Hamed al-Rafidain, a Saudi human resources worker, an electric vehicle offers welcome savings, especially since his other car is a fuel-guzzling four-wheeler favoured by motorists in the desert kingdom.

The BYD Sealion 6 Dynamic mid-size SUV claims a driving range of 1092km from its plug-in hybrid system, so we put it to the test…

In a surprising turn of events, the dominance of Tesla in the global electric vehicle market is facing a significant challenge as new contenders enter

24 Jul 2024 - Warren Buffett’s Berkshire Hathaway has sold off more of its stake in the world’s biggest EV maker, BYD of China, taking the holding below the disclosure level on the Hong Kong Stock Exchange.

BYD prepares to unveil two new Song family models featuring DM 5.0 hybrid technology, expanding its NEV lineup amid robust sales growth.

Forvia, the world's seventh-largest car parts supplier, has announced plans to extend its partnership with Chinese battery specialist and automaker BYD to Europe. This expansion, revealed on Tuesday, marks a strategic move for both companies as they seek to capitalise on the changing dynamics of the global automotive market.

The MD of Al-Futtaim Electric Mobility Company shares valuable insights into the growing popularity of BYD in the UAE and Saudi Arabia

Warren Buffett’s Berkshire Hathaway Inc (NYSE:BRK) has reduced its stake in BYD Company (OTC:BYDDY), China’s largest electric vehicle maker, to below 5%, marking a continued shift in focus towards U.S. investments for the Omaha, Nebraska-based conglomerate. Berkshire recently decreased its holding in BYD to 4.94% from 5.06%, selling 1.4 million H shares at an average price of 246.96 Hong Kong dollars (approximately $31.64) per share, reported...

Despite Warren Buffet's Berkshire Hathaway selling BYD shares, the company sold nearly a million electric and hybrid vehicles in the second quarter, a record.

The days of calling BYD a “Buffett-backed” company may soon be coming to a close.