Etiqueta: Weekly

Porsche, Audi, Volkswagen, Hyundai, Hyundai Mobis, BYD, Bosch, MOIA, XYTE Mobility

There are essentially two different ways a company can account for Research and Development (R&D) spending: as an operating expense that reduces reported net earnings or as a capital expenditure, counted as investing money from net earnings and other sources. One shows up on the income statement, the other shows up on the balance sheet. It might seem like a minor difference, but it can significantly impact financial reporting and how a company approaches R&D.

Support CleanTechnica's work through a Substack subscription or on Stripe. Amid progressively contracting sales revenue, Chinese electric vehicle giant BYD has been forced to significantly recast its 2025 sales targets. The company has slashed its forecast by 16%, from an ambitious RMB39,300 million ($5.5 million) down to RMB32,850 million ($4.6 ... [continued]

Yangwang U8L, BYD's 180k USD, 3.6-ton SUV, launches next week.

BYD is expanding its offerings in one of Europe’s fastest growing segments with the Seal 6 DM-i Touring plug-in hybrid station wagon.

BYD will present the Seal 06 DM-i wagon at IAA Mobility 2025, offering plug-in hybrid power and up to 2,000 km range.

Over the past few days, I have been scouring through BYD’s 1H Interim Report. Overall, performance was what I expected, if below some projections, but a few notable items stood out.

China's XPeng, Xiaomi, Nio and Li Auto are on tap Monday, with giant BYD due Sept. 1-2.

Support CleanTechnica's work through a Substack subscription or on Stripe. Apparently, we jumped the gun a couple of days ago writing about the markets where BYD has been expanding. It’s been growing in Nepal, Malaysia, and Cambodia, and it has also begun exporting vehicles from Thailand to Europe. Now we ... [continued]