Etiqueta: US

BYD, the world's largest electric vehicle (EV) maker, has earmarked US$5 billion for foreign exchange derivatives trading to reduce risks to its fast-growing global operations from the yuan's volatility amid rising geopolitical tensions. "To offset the adverse impact from wild fluctuation in exchange rates and save financial expenses, the company has decided to carry out foreign exchange hedging through derivatives trading," BYD said in a filing to the Hong Kong stock exchange on the weekend. "T

The BYD Shark plug-in hybrid pickup truck is being exported to many countries around the world but not to the US -- yet.

BYD is now taking Hyundai and Kia’s home market by storm. After launching the electric SUV just last week, BYD...

The carmaker, which already has a factory in Thailand, aims to complete a $1 billion plant on Java, Indonesia's main island, by the end of this year, producing EVs for local sale and export

China's BYD overtook Tesla as the world's leading EV builder in 2024. Some analysts say new federal policies could cement its rise.

BYD has emerged as the biggest seller of passenger vehicles in Singapore in 2024, bumping Toyota off the top spot, and marking the first time a Chinese

BYD has rocketed to the top of Singapore's car sales chart for 2024, beating out giants like Toyota and electric vehicle juggernaut Tesla.

China's leading electric vehicle manufacturer BYD Auto launched its Denza premium brand in Indonesia this week.

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