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The Latest Breaking News from BYD

Global EV Sales In May 2023: More Than 1 Million Plug-In Cars Sold Again

In May, global sales of plug-in electric cars increased exceeded one million units for the fifth time in history.

Surfing the global electric vehicle wave

Surfing the global electric vehicle wave

Arsjad Rasjid, chairman of Asean Business Advisory Council (Asean-BAC) and chairman of the Indonesian Chamber of Commerce and Industry (Kadin), has shared his opinions about the electric vehicle industry in which Thailand and Indonesia can work together to establish an efficient and resilient supply chain in Southeast Asia for the…

China: More Than 600,000 Plug-In Cars Were Sold In May 2023

China: More Than 600,000 Plug-In Cars Were Sold In May 2023

In May, some 614,361 new passenger plug-in electric cars were registered in China, which is 54 percent more than a year ago.

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Dow Jones Futures Fall As This Market Risk Builds; Tesla Rises On Cybertruck News

After a great market week, the Nasdaq and many leaders look extended. Tesla rose on Cybertruck news with earnings on tap.

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Warren Buffett-Backed BYD To See Q2 Profit Soar As Tesla Stock Hits 2023 High

The Chinese EV giant and Tesla both saw record EV deliveries amid a price war. BYD stock, owned by Warren Buffett, rallied.

Investors Business Daily

Chinese EV Maker BYD Sets Sights On India With $1 Billion Proposal

Berkshire Hathaway-backed BYD's plans could pose a challenge to Tesla's dominance in the EV market.‌

Parts producers nudged to EV partner

The Board of Investment (BoI) is encouraging more than 160 local auto parts manufacturers to partner with Chinese electric vehicle (EV) maker BYD in a move to strengthen the EV supply chain.

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BYD Unveils BYD World, A Virtual Showroom For Car Buyers In Latin America

BYD Unveils BYD World, A Virtual Showroom For Car Buyers In Latin America

Warren Buffett-backed BYD expands car-buying experience with virtual showroom in Latin America

3 Entertainment Stocks Backed by Momentum

3 Entertainment Stocks Backed by Momentum

The entertainment industry is expected to stay buoyed, thanks to technological advancements and increased recreational activity demand. Hence, investing in three fundamentally solid entertainment stocks, Boyd Gaming Corp. (BYD), International Game Technology PLC (IGT), and Monarch Casino & Resort (MCRI), exhibiting strong momentum, could be wise. Read more….

XPeng's Model Y Rival Hits The Road. This Will Be Key As EV Startup Makes 'Last Stand.'

XPeng's Model Y Rival Hits The Road. This Will Be Key As EV Startup Makes 'Last Stand.'

XPeng (XPEV) on Monday began delivering its new G6 electric SUV, seen as a Tesla (TSLA) Model Y challenger and as a linchpin of the embattled Chinese startup's comeback. XPeng stock edged lower. Nio stock soared. The production ramp will be key. As of July 6, the wait time for…

Investors Business Daily

Tesla Rivals Lead 9 Stocks With Strong Earnings Growth Seen Through Next Year

Tesla Rivals Lead 9 Stocks With Strong Earnings Growth Seen Through Next Year

Earnings expectations are a big catalyst for share prices. Tesla rivals Li Auto and BYD are among stocks with strong EPS gains seen through 2024.

Investors Business Daily

Chinese Automakers’ Pledge To End Abnormal EV Prices Canceled

Chinese Automakers’ Pledge To End Abnormal EV Prices Canceled

The 16 automakers made the pledge on Thursday, and on Saturday it was already retracted. But before that happened, Tesla rolled out a revamped version of its referral program on Friday.

Volkswagen Slashes ID.3 Prices In China, Now Starts At Just $17,500

Volkswagen Slashes ID.3 Prices In China, Now Starts At Just $17,500

Volkswagen China has heavily reduced ID.3 pricing amidst increased competition from the likes of Tesla and BYD.

Stock Market Rally Pulls Back As Yields Jump; Tesla, Meta In Focus: Weekly Review

Stock Market Rally Pulls Back As Yields Jump; Tesla, Meta In Focus: Weekly Review

The stock market rally retreated modestly as Treasury yields rebounded. Tesla deliveries and Meta's Threads launch were catalysts.

Investors Business Daily

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Tesla offers cash rebate to China customers one day after agreeing to end EV price war

Tesla and its Chinese competitors have been locked in a months-long price war in a brutal battle for market share.

Automakers In China Pledge To Restore Stability After Tesla’s Price War

Carmakers in China have signed a pledge to maintain a fair market order following a Tesla-triggered price war.

3 China Stocks Smart Money Is Following

While worldwide counterparts saw weaker growth due to inflation and rising interest rates, China’s GDP soared in the first quarter of 2023. With the nation’s upward momentum expected to persist, it could be wise to load up on robust China stocks X Financial (XYF), China Automotive (CAAS), and Sunlands Technology…

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Tesla, BYD Call Truce In EV Price War; ARK Dumps More TSLA Stock

Tesla, BYD and other Chinese EV makers signed a pact not to engage in abnormal pricing, but the deal didn't do anything for TSLA stock.

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The Canberra Times

Canberra uptake of Teslas like nowhere else in Australia

The brand is having a record-breaking year in Canberra in 2023.

The Conversation

'Global China' is a big part of Latin America’s renewable energy boom, but homegrown industries and 'frugal innovation' are key

The story of renewable energy’s rapid rise in Latin America often focuses on Chinese influence, and for good reason. China’s government, banks and companies have propelled the continent’s energy transition, with about 90% of all wind and solar technologies installed there produced by Chinese companies. China’s State Grid now controls…

BYD Plug-In Car Sales Surged In June 2023: Over 250,000 Sold

BYD has set another monthly record of global plug-in car sales in June, almost doubling the volume from the previous year.

More electric car price cuts in Australia as sales soar

The price of another new electric vehicle has dropped below $40,000 in Australia on the same day the country recorded a record number of sales.

Investors Business Daily

Dow Jones Pauses As Market Closes Early; Tesla, EV Rivals Soar On Record Deliveries Report

The Dow Jones fell after economic data came in weaker than expected. EV deliveries surged for Tesla and Buffett-backed BYD in the second quarter.

Investors Business Daily

Dow Jones Futures Fall: Tesla Stock Soars On Deliveries; So Do These China EV Rivals

Tesla is jumping on record Q2 deliveries. China EV rivals Li Auto, Nio and Xpeng are racing on their own strong sales.

JOHN MURDOCH'S DRIVE TIME: We sample the latest electric import from China and examine changes to the Cupra Ateca

BYD was only established in 1995 and made its name producing mobile phone batteries before going on to produce car batteries and eventually electric vehicles.

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