Etiqueta: Tariffs

The move underscores China's dominance of the critical mineral industry and is seen as leverage by China in its trade war with Donald Trump.

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

BYD sold more cars in May than any other month this year, racking up 382,476 vehicle sales after cutting prices by as much as 34% in the final days of the month, according to a company statement Sunday. Out of the total, 376,930 were passenger vehicles. 204,369 were fully electric, while 172,561 were plug-in hybrids […]

‘Kei’ car launch next year by China’s leading electric vehicle maker seen as ‘black ship’ moment for country

Toyota's partnership with BYD on the China-exclusive bZ5 electric crossover demonstrates Toyota's strategic effort to understand BYD's cost-effective EV production, offering a competitively priced vehicle that could potentially succeed in the US.

Magna, Forvia and Aptiv have had early success in winning new business with Chinese automakers overseas. The prospect of speed is often the key to closing a deal.

BYD Expands Hungarian Presence with European HQ

Tesla's sales in Europe and the UK have plummeted by nearly half, according to a report by tech news outletTechCrunch on Tuesday. The European Automobile Manufacturers Association (ACEA) revealed that Tesla sold just 7,261 vehicles in the European Union (EU), European Free Trade Association (EFTA), and the UK in April, marking a steep 49% decline c...

Indian auto production could grind to a halt within days due to Chinese export restrictions on rare earth magnets, according to company executives and documents from industry groups, which want the government to lobby Beijing to relax the curbs.