Etiqueta: Tesla

Berkshire Hathaway announced that it would be selling another 1.3 million shares of EV maker BYD. Does Buffett know something about EV sales?

BYD's Yuan family achieves 1 million sales milestone, highlighting success in NEV market with SUV lineup, amidst ongoing model expansions.

China’s leading EV maker, BYD, just hit another major milestone. The BYD Yuan family surpassed 1 million in sales this...

Chinese firms have reported a decline in sales and a hit to brand image as a result of the EU's recently concluded anti-subsidy probe

BoA argues GM, Ford and Stellantis either face a future of funding continued losses in China or they can redeploy resources to finally become competitive with Tesla—but they can't do both.

That’s the idea, at least. But whatever the outcome, it’s clear that battery technology is moving extremely rapidly.

Chinese EV-manufacturer, BYD, will supply advanced-tech batteries to Kigali-based EV line, Ampersand, after the two companies signed an MoU on Tuesday.

Denza and Fang Cheng Bao are recruiting dealers, becoming the latest Chinese auto brands to abandon their direct-only sales model.

Legacy U.S. automakers such as Ford Motor and General Motors should leave the China market to preserve capital amid the costly electric vehicle (EV) transition, a leading auto analyst said on Tuesday. “I think you have to see the [Detroit Three] exit China as soon as they possibly can,” said John Murphy, Bank of America Securities analyst, at his annual presentation of “Car Wars,” a closely watched industry report. Murphy's guidance for the Big Three came during a discussion of the harsh cost-cutting measures they would have to take to be competitive with EV manufacturers like Tesla, as well as carmakers abroad.

BYD is charging up the competition with Hyundai on its home turf. The Chinese automaker plans to launch its Tesla...