BYD Shares Slide Amid Profit Decline
BEIJING/HONG KONG – BYD, the world’s top electric vehicle (EV) maker, saw its shares tumble as much as 8% in Hong Kong trading Monday, after unveiling its first quarterly profit decline in over three years. The company attributed the slump to … Continue reading BYD Shares Slide Amid Profit Decline
BYD CEO Declares New Era in Electric Vehicles
BEIJING – In a bold announcement that’s reverberating throughout the global automotive sector, BYD Chairman and CEO Wang Chuanfu proclaimed that BYD’s latest achievements in New Energy Vehicles (NEVs) are not merely keeping pace with the electric vehicle (EV) revolution—they … Continue reading BYD CEO Declares New Era in Electric Vehicles
China: Automobile sales with double-digit growth
BEIJING – China’s automobile sales rose 47.9 percent year-on-year to nearly 2.44 million units in January, the China Association of Automobile Manufacturers said on Wednesday. The country’s vehicle production rose 51.2 percent year-on-year to 2.41 million units last month. Production … Continue reading China: Automobile sales with double-digit growth