BYD Co Ltd
Chinese EV giant BYD expands in Europe with premium brand launch
Key Points Chinese electric car giant BYD is pushing ahead into Europe by launching its premium Denza brand in the region, despite rising trade tensions. The first model, the Z9GT, is set to arrive in European showrooms in the fourth quarter of 2025, BYD said Wednesday around Brera Design Week in Milan. BYD initially formed […]
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Cambodia hit with highest Trump tariff, but manufacturing ‘absolutely not’ coming back to U.S., trade group says
A garment factory in Phnom Penh, Cambodia. Bloomberg | Bloomberg | Getty Images Among the top goals for President Donald Trump and his administration in hitting trading partners with steep tariffs is bringing manufacturing capacity back to the U.S., even if it comes at the price of short-term market and economic duress. But in Cambodia, […]
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Xiaomi delivers record cars in March as winners emerge in China’s EV race
A Xiaomi store in Shanghai, China, on March 16, 2025. Qilai Shen/Bloomberg | Bloomberg | Getty Images Chinese electric carmakers Xiaomi, Xpeng and Leapmotor each delivered nearly 30,000 or more cars in March, roughly twice several of their fellow startup competitors. It’s a sign of how some automakers are pulling ahead, while BYD remains the […]
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BYD aims to double overseas sales to 800,000 in 2025, chairman tells analysts
The BYD stand at an exhibition in Hangzhou, Zhejiang province, China on March 24, 2025. Cfoto | Future Publishing | Getty Images Chinese electric vehicle giant BYD aims to double its sales outside China to over 800,000 cars in 2025 and will look to overcome tariffs by assembling cars locally, its chairman told analysts on an earnings call on Tuesday. BYD, which sold 417,204 units abroad in 2024, expects to […]
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CNBC Daily Open: Consumers and CFOs alike are expecting a recession in the U.S.
A Forever 21 store in New York, in March 2025. Yuki Iwamura | Bloomberg | Getty Images The shadow of a U.S. recession is growing longer and darkening the outlook for both consumers and CFOs alike, according to various surveys tracking sentiment in March. That said, Wall Street has risen over the past three days […]
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Tesla’s China rival Zeekr to roll out advanced driver assistance-system for free
The view from inside a Zeekr Mix electric vehicle at one of the company’s showrooms in Shanghai, China, on March 16, 2025. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese electric car company Zeekr is releasing advanced driver-assistance capabilities to its local customers for free as competition heats up, Zeekr CEO Andy An told […]
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CNBC Daily Open: Markets rise for the second day as U.S. consumers continue spending
Shoppers in New York City, U.S., on Feb. 2, 2025. Robert Nickelsberg | Getty Images News | Getty Images The Wall Street adage to never bet against the U.S. consumer still holds true — to some degree. February’s retail sales, while lower than expected, still registered an increase. For the skeptics, that is like desperately […]
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BYD unveils new super-charging EV tech, to build charging network in China
A view of the logo of BYD during the launch of the BYD eMAX 7, an electric MPV by Chinese car and battery maker BYD, in New Delhi, India, October 8, 2024. Priyanshu Singh | Reuters BYD on Monday unveiled a new platform for electric vehicles (EVs) that it said could charge EVs as quickly […]
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