Etiqueta: US

Luring the world-leading Chinese EV producer to establish a Mexican plant would be a strategic win in uncertain times.

In the fourth quarter of 2024 BYD’s profits surged by 73 per cent, filings show

The Shenzhen-based firm says revenue for last year came in at $107bn, boosted by sales of its hybrid vehicles.

Hyundai (HYMTF) is planning to expand in the US, with the automaker set to spend about $21 billion in the US through 2028. Additionally, shares of Chinese automaker BYD (BYDDY) jumped as the company reported better-than-expected earnings results, beating Tesla's (TSLA) full-year 2024 sales. Yahoo Finance Senior Reporter Pras Subramanian joins Market Domination hosts Julie Hyman and Josh Lipton to discuss Hyundai's expansion, BYD's earnings, and declining Tesla sales in Europe. To watch more expert insights and analysis on the latest market action, check out more Market Domination here.

BYD just launched its new Tesla Model 3-sized electric sedan but at about half the cost. The sleek new Qin...

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

Chinese carmaker BYD saw a surge in revenue last year, surpassing the $100 billion mark and beating rival Tesla as the electric vehicle giant accelerates its overseas expansion.That figure eclipsed the $97.7 billion in revenue last year announced previously by Tesla.

The results underscore BYD’s growth in China as US rival Tesla has declined, driven by younger car buyers who increasingly turning to cheaper, local brands.

BYD's net income in the fourth quarter was a record RMB 15.02 billion ($2.07 billion), as NEV sales reached an all-time high.

BHPian shankar.balan recently shared this with other enthusiasts:I have been curious about the BYD Sealion 7 - I visited PPS BYD in Mahadevapura.Being a Sunday morning there was no traffic. I test drove ...