Etiqueta: Sales

Beijing on Thursday slammed EU tariffs on Chinese electric vehicles as protectionist behaviour even as the country's top auto exporter said the duties would not derail its expansion plans for Europe, including making EVs in Spain this year.

Shares of Chinese electric vehicle (EV) maker BYD Company (OTCMKTS:BYDDY) rallied on Thursday as investors cheered lower-than-anticipated additional tariffs imposed...

After months of investigation, the European Union (EU) has announced provisional tariffs on electric vehicles (EV) imported from China, because of what it sees as Beijing’s unfair support for companies that undercut European carmakers.

The BYD Song L DM-i crossover has applied for a sales license in China, revealing its specs. It is equipped with BYD’s fifth-gen DM-i system.

The Nio Onvo L60 will use lithium iron phosphate batteries supplied by BYD, with single and dual motor options, and will be built at Nio's F2 plant.

BYD, a global leader in new energy vehicles, has unveiled UK pricing for its eagerly awaited SEAL U DM-i. This spacious and comfortable five-seater D-segment SUV marks BYD's entry into the European plug-in hybrid vehicle (PHEV) market. With its premium interior and extensive standard features, the SEAL U DM-i offers exceptional value in its class.

The latest investor updates on stocks that are trending on Thursday.

BYD, the Chinese electric vehicle maker can manage the European Union’s additional tariffs on EVs from China—and may grab market share from more severely affected rivals.

In the January-May period, BYD was No. 1 in China's NEV market with a 34.0 percent share, while Tesla was No. 3 with 6.7 percent.

Citi opens upside catalyst watch on BYD; sees strong exports, domestic markets