BYD Co Ltd
CNBC Daily Open: The EU prepares to respond to Trump’s Greenland tariffs
President Donald Trump speaks to reporters on the South Lawn before boarding Marine One at the White House on Jan. 16, 2026 in Washington, DC. Tom Brenner | Getty Images If economic sanctions are designed to apply pressure without firing a shot, then U.S. President Donald Trump has aimed directly at America’s closest military allies. […]
Read More
CNBC Daily Open: Trump’s Greenland tariffs draw the EU into the fray
U.S. President Donald Trump speaks as he meets with Secretary General of NATO Mark Rutte in the Oval Office of the White House in Washington, D.C., on Oct. 22, 2025. Kevin Lamarque | Reuters If economic sanctions are designed to apply pressure without firing a shot, then U.S. President Donald Trump has aimed directly at […]
Read More
CNBC Daily Open: Magnificent Seven competition heats up
A man walks past the Google signage outside the US tech giant’s Ananta office in Bengaluru, India, on Jan. 5, 2026. Idrees Mohammed | Afp | Getty Images There’s movement going on in the Magnificent Seven group of stocks. Shares of Alphabet, the parent of Google, rose 2.4% on Wednesday, to give the firm a […]
Read More
CNBC Daily Open: Rumbles within the Magnificent Seven
Vcg | Visual China Group | Getty Images There’s movement going on in the Magnificent Seven group of stocks. Shares of Alphabet, the parent of Google, rose 2.4% on Wednesday, to give the firm a market capitalization of $3.89 trillion. Meanwhile, Apple, the parent of the iPhone (so to speak), retreated 0.8%, and ended the […]
Read More
BYD’s China EV deliveries sharply decline in December, but lead overall sales in 2025
MUNICH, GERMANY – SEPTEMBER 09: The Chinese producer of electric cars BYD presents its vehicles (EV) on the opening day of the IAA MOBILITY 2025 automobile fair on September 09, 2025 in Munich, Germany. The IAA is taking place as German automakers are seeing profits lag and are struggling to maintain market share while Chinese […]
Read More
China EVs in 2026 look less like a boom and more like a survival test as global expansion ramps up
Key Points China’s new energy vehicle market is set to see more price competition next year as overall growth slows, analysts predict. Domestic saturation is pushing Chinese automakers such as BYD to expand overseas, including opening local factories. Foreign carmakers still see opportunity, but competition is tightening fast. Source
Read More
Chinese firms rush to pledge millions in fire rescue as Hong Kong fire death toll climbs to 55
Firefighters walk near residential buildings that continue to burn at Wang Fuk Court in the Tai Po district on Nov. 27, 2025 in Hong Kong, China. Isaac Lawrence | Getty Images News | Getty Images Chinese private firms pledged tens of millions of dollars to support rescue and relief efforts after a deadly residential fire […]
Read More
Here’s what’s behind Tesla’s 3-year sales low in China
Tesla sales in China dropped to a three-year low in October, raising concerns the electric vehicle maker could see its first full-year sales decline in the country this year. Fierce competition from local rivals such as NIO and Li Auto — both reporting this week — and a bruising price war in the face of […]
Read More
Asia markets track Wall Street’s stunning reversal in AI-related stocks
A woman uses her mobile phone as she walks past the logo of Japan’s telecommunications giant SoftBank in Tokyo on December 25, 2013. Toru Yamanaka | Afp | Getty Images Tech conglomerate SoftBank plunged more than 10% Friday amid losses across the region’s key benchmarks, after U.S. tech stocks lost ground and investors’ hopes dimmed […]
Read More