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Search Result for “byd”

Showing 1 - 10 of 14

BUSINESS

China bets big on Thai industrial cluster with $8.4 billion investment

South China Morning Post, Published on 13/09/2025

» China has become the leading source of foreign investment in a growing, state-fostered Thai industrial cluster, backed by commitments to help build a light-rail line, design an "aerotropolis" and possibly develop property in the area, an official from the Southeast Asian country said.

BUSINESS

Carmakers GM, Tesla and Ford lead list of US companies in China exposure

South China Morning Post, Published on 27/06/2025

» General Motors (GM), one of America's top carmakers, leads US companies in its exposure to China, perched in a delicate position as bilateral trade tensions persist amid US President Donald Trump's steep 55% tariffs on Chinese imports, according to a research report published this week.

BUSINESS

US bans Chinese and Russian tech in smart cars

South China Morning Post, Published on 16/01/2025

» WASHINGTON — The Joe Biden administration has finalised rules effectively barring the sale of smart cars containing Chinese or Russian technology in the US market, a last push by the outgoing American president to address national security concerns tied to the auto industry.

BUSINESS

BYD to overtake Volkswagen ventures as China's top producer

South China Morning Post, Published on 19/11/2024

» HONG KONG — BYD (Build Your Dreams) is set to overtake perennial market leader Volkswagen as China's biggest carmaker in 2024 after outselling the German company's joint venture units in the first 10 months, as the growing popularity of battery-powered cars strengthens its market dominance.

BUSINESS

Senior executive calls for orderly Chinese expansion in Southeast Asian market

South China Morning Post, Published on 19/10/2024

» BEIJING - Chinese companies venturing into Southeast Asia, one of the hottest destinations for overseas expansion, should refrain from flooding the market with homogeneous products and services that would lead to vicious competition, a senior Chinese bank executive has urged.

BUSINESS

China doubles cash subsidies to propel EV sales as economic growth falls short

South China Morning Post, Published on 26/07/2024

» HONG KONG - Beijing has doubled subsidies granted to electric vehicle (EV) buyers, just three months after it rolled out incentives to accelerate the transition of the domestic automotive industry.

BUSINESS

Chinese EV makers' price wars will sow doubts over quality

South China Morning Post, Published on 13/06/2024

» BEIJING - Price competition among Chinese electric vehicle (EV) makers abroad is not sustainable since consumers will start to doubt the quality and reliability of the cars if they are frequently discounted, according to Bain & Co.

BUSINESS

China's EV price war spreads overseas

South China Morning Post, Published on 25/05/2024

» BEIJING - A price war among Chinese electric vehicle (EV) assemblers is spreading to overseas markets as more than a dozen players look abroad to bolster sales and chase higher profits to offset losses at home.

BUSINESS

Chinese EVs smash monthly sales records

South China Morning Post, Published on 02/08/2023

» Three of China's top electric vehicle (EV) start-ups reported record monthly sales in July, as a release of pent-up demand in the world's largest market for battery powered cars continues.

LIFE

Billionaire co-founder of BYD uncertain about China's ability to create breakthrough tech on par with ChatGPT

South China Morning Post, Published on 18/07/2023

» Xia Zuoquan, a Chinese billionaire investor who made his fortune betting on the once tiny battery maker BYD, is less certain about China's ability to make big technological breakthroughs such as OpenAI's ChatGPT in the near future.