BYD Co Ltd
Uber to start using BYD cars in Europe, Latin America and develop ‘autonomous-capable vehicles’
BYD launched the BYD Seal in Europe at the IAA auto show in Munich, Germany. The electric sedan has a starting price of 44,900 euros ($48,479). Arjun Kharpal | CNBC BEIJING — Uber and BYD announced Wednesday that drivers on the ride-hailing platform can get pricing and financing deals for the Chinese company’s electric cars, […]
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Self-driving tech company WeRide accelerates global expansion as transportation industry adopts AI
BEIJING, CHINA – JULY 11: People take photos of WeRide Robobus, a fully-driverless shuttle capable of SAE Level 4 autonomous driving, at Beijing High-level Autonomous Driving Demonstration Area on July 11, 2024 in Beijing, China. (Photo by Jia Tianyong/China News Service/VCG via Getty Images) China News Service | China News Service | Getty Images Self-driving […]
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Chinese EV startups are spending more on research than Tesla is
Nio’s second factory in the city of Hefei has around 2,000 human workers and 756 robots. CNBC | Evelyn Cheng BEIJING – U.S.-listed Chinese electric car companies are spending more on research as a ratio to sales than Tesla, according to CNBC analysis of the four automakers’ first-quarter earnings. It’s a strategy for survival in […]
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Chinese EV stocks drop as Tesla’s earnings miss, General Motors delays EV plans
Spectators are looking at BYD Song L electric cars at the 21st Changchun International Automobile Expo in Changchun, Jilin province, China, on July 17, 2024. (Photo by Costfoto/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Shares of major Chinese electric vehicle companies dropped Wednesday after U.S. giant Tesla‘s earnings fell short of analysts’ […]
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Foreign carmakers in China face ‘increasingly precarious’ position, consultancy says
Newly produced electric vehicles are being seen at Tesla’s Shanghai Gigafactory in Shanghai, China, on December 31, 2023. Costfoto | Nurphoto | Getty Images BEIJING — New tariffs on Chinese electric cars aren’t enough to help foreign automakers stay competitive, especially in the lucrative China market, according to consulting firm AlixPartners. China is the world’s […]
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China hopes to reach a resolution with the EU on EV tariffs ‘as before long as possible’
Staff members work on the assembly line of electric vehicles in a electronic automotive manufacturing facility of Jiangling Motors on Could 17, 2024. Vcg | Visible China Group | Getty Photographs BEIJING — China hopes to arrive at an arrangement with the European Union soon on the bloc’s planned tariffs for imported Chinese electric vehicles, […]
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China’s BYD is set to take Tesla’s crown as the world’s No. 1 producer of battery electric powered cars
BYD Seal U electrical auto at the IAA Mobility 2023 international motor clearly show on September 6, 2023 in Munich, Germany. Leonhard Simon | Getty Pictures News | Getty Images Chinese electric powered auto startup BYD is on monitor to overtake Tesla in battery electric powered car gross sales this calendar year, with its BEV […]
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Chinese EV providers Zeekr and Nio report record deliveries in June
Geely’s SEA architecture for vehicles allows automobiles of distinctive sizes to be created at the very same factory. CNBC | Evelyn Cheng BEIJING — Chinese electric powered car or truck company Zeekr mentioned Monday it delivered a report variety of motor vehicles in June, earning its deliveries for the first fifty percent of the calendar […]
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Warren Buffett’s Berkshire Hathaway raked in billions from BYD, the China EV maker Munger named a ‘damn miracle’
Sixteen many years back, Warren Buffett’s Berkshire Hathaway unveiled a $230 million expenditure in Chinese electrical auto startup BYD , sparking thoughts about the conglomerate’s abnormal foray into early-phase technological know-how. The guess turned out to be just one of Berkshire’s most financially rewarding, with the stake ballooning to $8 billion at BYD’s peak as […]
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