Etiqueta: Tesla

BYD plans to raise its market share in Europe by building factories there while news of its latest technology might persuade doubting customers to embrace Chinese EVs.

Tesla's competitors in China disclosed a slew of updates on Tuesday, once again signaling that competition on the mainland is fierce for the EV juggernaut and the Chinese upstarts.

The new Super e-Platform system can add 249 miles of range in just five minutes.

Tesla Inc. has gone from Wall Street’s hottest trade to most hated in a matter of months. Compounding the stock’s woes this week, a rival out of China has one-upped the company on what’s supposed to be Elon Musk’s forte: EV innovation.

Tesla's stock fell as much as 7% on Tuesday after Chinese rival BYD revealed new battery tech.

Yahoo Finance host Madison Mills reports on some of this morning's biggest stock moves in this Market Minute. BYD (BYDDY, 1211.HK) introduced its new ultra-fast EV charging system that can reportedly charge one of its vehicles in just 5 minutes. Lucid (LCID) stock surges on an upgrade to Hold from Morgan Stanley. Alphabet (GOOG, GOOGL) is set to buy cybersecurity firm Wiz for $32 billion. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.

China’s auto giant announces an ultra fast EV charging system that it says is nearly as quick as a fill up at the pumps.

China's biggest seller of electric cars now claims to have the fastest chargers around

Chinese EV maker BYD (BYDDY, 1211.HK) has announced its latest charging systems that could reportedly charge its electric vehicles for 249 miles in driving range in just five minutes. The automaker plans to roll out vehicles with this feature next month. Brad Smith and Madison Mills report more on this and what this competition means for Tesla (TSLA). To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.