Etiqueta: Sales

From "flying cars" to robots and self-driving buses, here are some of the innovations spotted at this week's Munich auto fair, IAA Mobility, one of the world's biggest: 'Give cars wings' Chinese brands showcased their efforts to create "flying cars", small electric aircraft powered by multiple rotors designed for short journeys.GAC's flying car unit Govy meanwhile showed off its AirCab, a two-seater self-driving electric aircraft with a top-speed of 120 km/h and a range of up to 30 kilometres.

The first model to be produced at BYD's Hungarian factory will be the Seagull. Europe's first 1-MW BYD chargers will be deployed next year.

In a rare move, more than three dozen BYD executives increased their stakes in the world's largest electric-vehicle (EV) maker, which is likely to boost investor confidence after its shares plunged more than 20 per cent from an all-time high in May. Thirty-seven executives, including five vice-presidents, spent a combined 52.3 million yuan (US$7.3 million) to buy 488,200 Shenzhen-listed shares to "display their continued optimism about the investment value of the company", BYD said in filings to

BYD Auto, announced at this year’s IAA Mobility 2025 show in Munich, Germany, that it is stepping up its expansion in Europe.

A total of 37 executives bought 488,200 A shares to ‘display their continued optimism about the investment value of the company’.

The insider buying comes after reports of BYD trimming its 2025 sales target and its first quarterly profit drop in more than three years.

BYD executives bought about RMB 52.3 million ($7.3 million) worth of BYD A-shares on the Shenzhen stock exchange this month.

Mounting debt, factory closures, and asset sales underline the scale of Nissan’s turnaround challenge.

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Chinese Automakers Penetrate the Heart of Germany Directly