Showing 1 - 4 of 4
BYD overtakes LG as world's No.2 EV battery supplier
South China Morning Post, Published on 06/06/2023
» BYD, backed by Warren Buffett's Berkshire Hathaway, has gone past LG Energy Solution as the world's second-largest electric vehicle (EV) battery producer, reinforcing China's dominance of the industry as EV adoption picks up pace globally.
China's EV price war expected to continue after discounts fail to ignite car sales
South China Morning Post, Published on 11/05/2023
» The ongoing price war in China's automobiles market is likely to continue as previous rounds of heavy discounts have failed to spur sales, dimming the earnings outlook for most of mainland China's carmakers.
Price war started by Tesla, BYD sends Chinese auto stocks into nosedive in sign of fragile consumer sentiment
South China Morning Post, Published on 13/03/2023
» Traders have been abandoning Chinese auto stocks as a price war started by Tesla and BYD spread across the whole industry, a sign of weak consumer sentiment amid pessimism about the pace of economic recovery.
BYD launches four EV models in Jordan, eyes further expansion in Middle East
South China Morning Post, Published on 14/03/2023
» BYD, the world's largest electric-vehicle (EV) maker, has taken the first steps to tap the Middle East market by launching four models in Jordan and forming a partnership with a local dealer.