Etiqueta: Tariffs

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

Berkshire Hathaway exits longtime stake in Chinese EV maker BYD, ending 17 years of Buffett backing amid shrinking profits and rising competition.

Berkshire Hathaway’s sale of its entire stake ends an investment in the Chinese carmaker that has yielded more than 20-fold over 17 years

BARCELONA (Reuters) -When Javier Hernandez went car shopping in Barcelona, he ended up choosing a plug-in hybrid by China's BYD - swayed by a price nearly 10,000 euros cheaper than European rivals. With government subsidies, the BYD Seal U DM-I Hernandez opted for starts at around 30,000 euros ($35,289) in Spain, compared to over 40,000 euros for VW's Tiguan and Peugeot's 3008 plug-in hybrid models. Cost-conscious buyers like Hernandez are fuelling rapid growth for Chinese EV carmakers like BYD in Spain and around Europe, stepping up competition with regional and U.S. rivals like Tesla, Stellantis and Volkswagen.

According to data compiled by the Gasgoo Auto motive Research Institute , from January to July 2025 BYD s passenger vehicle exports continued to grow steadily,

The company's exports more than doubled in the first six months of this year.

Tesla vs. BYD – The Ultimate 2025 EV Stock Showdown 🚀🔋 - Tech Space 2.0

The Mexican government’s plans to raise tariffs on Chinese-made cars to 50% could stall BYD’s growth engine in the North American market

Mexico has announced a major step that could shake up its fast-growing electric vehicle market. The government is planning to impose a 50% tariff on cars

The move could allow Leapmotor to avoid EU tariffs on Chinese full-electric and extended-range hybrid vehicles. Reports have focused on the B10 compact electric SUV as the likely model.