Etiqueta: Sales

Warren Buffett’s Berkshire Hathaway has further cut its large stake in BYD, which vies with Tesla as the world’s largest electric car (EV) maker, as global trade tensions escalate over Chinese EVs.

A strong sales forecast and new product rollouts have helped BYD shares stage an epic rebound in recent months.

Chinese electric vehicle (EV) manufacturer BYD has made a notable impact as an official partner of the Euro 2024 tournament,

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BYD’s Australian importer has declared itself ready and able to withstand the pressure of more than a dozen new Chinese brands arriving in Australia keen to emulate its sales and steal away its market share.

Europe, for all of its bluster, hasn’t taken a completely hard line against the import of Chinese electric cars and hybrids. The resistance in the United Kingdom has been even weaker. Now that the tariff issue has been temporarily resolved, China’s leading EV automaker has a gambit to pierce the heart of even the toughest […]

Chinese New Energy Vehicle (NEV) manufacturer is already reaping the rewards of its UEFA Euro 2024 competition sponsorship, according to insights provided

Asian equities were lower overnight as Japan significantly underperformed and closed lower by almost -2%, though volumes in the region were light due to market holidays.

With almost $40 million sold in this EV stock, Warren Buffett continues to trim his stake in the popular EV producer.