Etiqueta: Sales

There is also still ‘vast potential’ to increase car sales in China’s less developed regions, association head says.

Denza has unveiled the N8L interior, a six-seat plug-in hybrid SUV, with pre-sales opening September 26 in China.

Support CleanTechnica's work through a Substack subscription or on Stripe. BYD is clearly leading the electric vehicle market globally, but that’s mostly due to its dominance in China. Outside of China, it has been leading the EV way into numerous neglected, developing markets — in Asia, Africa, and South America. ... [continued]

Berkshire Hathaway has exited BYD after 17 years, closing a stake that yielded over twentyfold returns, according to a company filing

BYD (BYD, 1211.HK) stock drifted lower in Monday's session after CNBC reported Berkshire Hathaway (BRK-B, BRK-A) CEO Warren Buffett sold off the firm's full stake in the Chinese EV maker. Yahoo Finance senior autos reporter Pras Subramanian breaks down the latest. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime.

Shares of China’s BYD slipped on Monday on news Berkshire Hathaway fully exited its stake in the EV-maker.

Warren Buffett, the veteran investor, has sold his stake in Chinese electric vehicle maker BYD after making a twentyfold return on his investment.The Berkshire Hathaway investment firm led by the

New U.S. regulations, responding to U.S. national security concerns, are set to take effect in mid-January and will prohibit imports of Chinese- and Russian-made “connected” software and hardware used in manufacturing vehicles. If combined with Trump’s proposed 10%–20% tariffs on imported vehicles and auto parts, these regulations could adversely impact Mexico’s economy, reduce the global competitiveness of North America’s automotive sector, and disrupt U.S. trade agreements.

China will boost consumption and improve regulations to ensure steady and high-quality growth of the automobile industry as it faces challenges such as disorderly competition during rapid development, officials noted at an industry forum recently.

BYD will introduce new variants for the second-generation Qin Plus in three days, as cumulative deliveries of the affordable sedan surpass 2.4 million units.