Etiqueta: Tariffs

India will restrict market access to BYD, signaling continued caution towards Chinese investments despite warming relations. Commerce Minister Piyush Goyal cited strategic interests as the reason for rejecting BYD's proposal. This decision contrasts with India's pursuit of investments from Tesla, highlighting a protectionist stance amid pressure to open its auto market.

Chinese electric vehicle giant BYD said on Tuesday it expects net profit in the first quarter to grow 86.0%-118.9% year-on-year.

BYD Co Ltd BYDDY has delivered an impressive performance, with its stock surging nearly 70% over the last 12 months. This strong upward move has sparked a debate among investors — is the rally signaling lasting strength, or could it be time for expectations to level off? To get a clearer view, it’s…

Top 10 local EV makers dominate sales and drive home advantage with faster charging and autonomous systems

BYD sales reached a new record in the United Kingdom with nearly 6,500 vehicles sold in March. Figures represent a new record since the Shenzhen-based carmaker arrived in the UK two years ago and a…

It's been a spectacular run for Warren Buffett's company, Berkshire Hathaway. Investors have piled into Berkshire as a flight to safety due to its many diverse businesses, huge cash stockpile, and experienced management team, which knows how to navigate choppy markets. Berkshire's decision to stay cautious last year has paid dividends this year and reinforces the company's long-term investing view of buying stocks that are built for an entire economic cycle.

[Updated April 23] This week’s announcement by the US Trump administration of tariffs on global imports is more wide-ranging that Trump 1.0 and ’tariff stacking’ could mean vehicle makers and parts suppliers face much higher costs.

Thanks to M. for sending in another disguised Tesla: "If it were a real BYD, it would charge faster, cost less, have higher quality, and have much better features." Ed. Note: Had to google BYD, CNN reported last week: "BYD, the Shenzhen-based Chinese EV champion, eclipsed Tesla in annual sales last year. ...BYD is starting

Another fiscal year and another bold prediction that Tesla’s long-running reign as the global market share leader will end. As...