Etiqueta: US

BYD recently introduced the new “Haohan” BESS (Battery Energy Storage System), as reported in PV Magazine’s ESS News, CnEVPost and multiple Chinese Media channels. The 14.5 MWh of capacity and 52.1% VCTS (Volumetric Cell to System) are industry leading. However, the implications go far beyond the technical specs.

By Nick Carey, European Autos CorrespondentGreetings from London!After many years of riding high, Porsche has hit what could only charitably be called a rough patch.Late on Friday, Porsche once again had to pull back from its electric vehicle rollout in a move that will hit parent company Volkswage…

There is also still ‘vast potential’ to increase car sales in China’s less developed regions, association head says.

Denza has unveiled the N8L interior, a six-seat plug-in hybrid SUV, with pre-sales opening September 26 in China.

Support CleanTechnica's work through a Substack subscription or on Stripe. BYD is clearly leading the electric vehicle market globally, but that’s mostly due to its dominance in China. Outside of China, it has been leading the EV way into numerous neglected, developing markets — in Asia, Africa, and South America. ... [continued]

Berkshire Hathaway has exited BYD after 17 years, closing a stake that yielded over twentyfold returns, according to a company filing

Market Catalysts host Julie Hyman tracks several of the day's top trending stock tickers, including Oracle (ORCL) as it is named in the framework of a TikTok deal, Compass, Inc.'s (COMP) bid to buy Anywhere Real Estate (HOUS) for $1.5 billion, and Berkshire Hathaway (BRK-B, BRK-A) CEO Warren Buffett announcing that he has sold his entire stake in BYD (1211.HK, BYDDY). To watch more expert insights and analysis on the latest market action, check out more Market Catalysts.

Shares of BYD (BYDDY) fell over three percent in trading overnight in Asia after Warren Buffett's Berkshire Hathaway exited its longtime stake in the Chinese electric vehicle maker. Meantime. Porsche (PAH3.DE) is under pressure after slashing its profit guidance and Snap (SNAP) is on a tear in the pre-market, extending a recent run higher in the last week.

New U.S. regulations, responding to U.S. national security concerns, are set to take effect in mid-January and will prohibit imports of Chinese- and Russian-made “connected” software and hardware used in manufacturing vehicles. If combined with Trump’s proposed 10%–20% tariffs on imported vehicles and auto parts, these regulations could adversely impact Mexico’s economy, reduce the global competitiveness of North America’s automotive sector, and disrupt U.S. trade agreements.

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