China Last Night KraneShares Key News Asian equities were a sea of red on light volumes following the US equity market’s Friday fall in advance of the Fed’s anticipated 75bps interest rate hike. Hong ...
Tag: BYD
BYD Makes First Foray Into Japan Passenger Car Market With Three EV Models
BYD unveiled three EV models for the Japan market at a conference in Tokyo on Thursday. BYD China-headquartered BYD, the world’s largest maker of electric vehicles, held a press conference in Tokyo on...
Hong Kong Short Sellers Press Their Bets, Week In Review
China Last Night KraneShares Week in Review It has been a difficult week for markets globally as the US and Asia saw sharp equity declines on recession fears in the US and a higher-than-expected infla...
EV Makers Are Gaining Ground On Tesla As China Threat Looms
The Cadillac Lyriq will be chasing Tesla sales.(Photo by Chen Dongqiu/VCG via Getty Images) VCG via Getty Images TeslaTSLA sales forecasts may look bad, but the future is positive. Though the electric...
Chinese EV Billionaire Shrugs Off Lockdown Pain To Add $7 Billion Fortune
Chinese electric car maker BYD is not only surviving the disruptions caused by the country’s Covid lockdowns, but the company appears to be thriving like never before. BYD’s stock has jumped just over...
EVs Help China’s Geely Auto Rebound In June; Stock Gains 6.7% In Hong Kong
Li Shufu, chairman of Zhejiang Geely Holding Group Co., in 2018. Photographer: Qilai Shen/Bloomberg © 2018 Bloomberg Finance LP Geely Automobile Holdings, a China automaker controlled by billionaire L...
EV Tax Exemption And Policy Support Lift Clean Technology Ecosystem
China Last Night KraneShares Key News Asian equities rebounded yesterday, with yesterday’s worst performers among today’s best performers as Taiwan gained +2.51% and South Korea gained +1.84%. China a...
BYD, Chinese EV Rivals Turning Into Tesla’s Toughest Competition
BYD began selling its Han electric sedan, priced from about $32,000 in China, earlier this year. BYD Elon Musk’s Tesla was the clear global leader in electric vehicle sales at the start of 2022, power...
China’s Auto Sales Are Booming. Can the Rebound Last?
Text size China’s auto market is showing a robust rebound. Here: a BYD Tang vehicle at the company’s showroom in Beijing. Qilai Shen/Bloomberg While the recent recovery in much of China’s ...
Warren Buffett-backed BYD surpasses Tesla in global EV sales a decade after Elon Musk doubted the Chinese company’s technology
BYD, the Chinese electric vehicle firm partly owned by Warren Buffett’s Berkshire Hathaway, became the world’s largest electric vehicle maker in the first half of 2022, wrestling the title from ...
Warren Buffett-Backed BYD’s EV Sales More Than Tripled In June
A BYD Tang vehicle on sale in Beijing last year. Photographer: Qilai Shen/Bloomberg © 2021 Bloomberg Finance LP BYD, the China vehicle and battery maker backed by Warren Buffett’s Berkshire Hathaway, ...
China EV Sales: Tesla Rival BYD Breaks Out After Huge Win Streak; Nio, Li Auto, Xpeng Due
China EV sales for June and the second quarter are due, after Nio (NIO), Xpeng (XPEV) and Li Auto (LI) signaled a Covid recovery but Wall Street says — not so fast. X BYDDF stock broke out afresh Mond...
NIO’s Hong Kong, Singapore shares hit new highs as outlook brightens
NIO Inc.’s shares in Hong Kong and Singapore have climbed to fresh record highs as the global outlook for electric-vehicle demand brightens. The electric-car manufacturer’s Singapore-listed shares NIO...
Warren Buffett-Backed EV Maker BYD Leads 5 Strong Stocks In Bear Market
China-based electric-vehicle maker and battery giant BYD (BYDDF), lithium and fertilizer giant Sociedad Quimica Y Minra (SQM), bargain retailers Dollar General (DG) and Grocery Outlet (GO), and media ...
BYD sold so many EVs it’s one of the top three automakers in China
One of BYD’s bestselling electric car models, the Han, is on display during an auto show in Shenzhen on June 5, 2022. Anadolu Agency | Anadolu Agency | Getty Images BEIJING — Chinese electric ca...
Alibaba Bounces As China Outperforms On Muted Inflation, Week In Review
China Last Night KraneShares Week in Review On Monday, it was reported that the cybersecurity review of Didi had been completed. The review’s conclusion should allow Didi, along with Full Truck Allian...
Shares of China EV maker BYD jump after exec announces Tesla battery deal
This photo from Dec. 2019 shows robotic arms spray painting a car body shell at the BYD Automobile Company Limited Xi’an plant. BYD is set to supply Tesla with batteries “very soon,”...
Tesla Needs Batteries. This Buffett-Backed EV Maker to Supply Them ‘Very Soon.’
Text size BYD launched its Blade battery in 2020. Qilai Shen/Bloomberg BYD shares rose on Wednesday after the Chinese electric vehicle maker said it was preparing to supply batteries to Tesla. “We are...
Meituan Motors, EVs Electrify, Didi To Relist In Hong Kong
China Last Night KraneShares Key News North Asian equity markets outperformed South Asia, led by China and Hong Kong while Malaysia and South Korea were closed. Today’s Wall Street Journal article on ...
Warren Buffett-Backed BYD’s EV Sales More Than Tripled In May
Warren Buffett’s Berkshire Hathaway owns 7.7% of BYD, according to Hong Kong Stock Exchange figures. … [+] Photographer: Daniel Acker/Bloomberg © 2021 Bloomberg Finance LP BYD, the Shenzhe...
China EV Sales: Nio Stock, Xpeng, Li Auto And BYD Rally Ahead Of May Deliveries Data
Nio (NIO), Xpeng (XPEV) and Li Auto (LI) will report May EV sales this week, as well as Chinese EV and battery giant BYD (BYDDF). Sales are expected to bounce back somewhat after a dismal April, in wh...
Vice Premier Attends Internet Meeting, JD Earnings Beat Expectations
China Last Night KraneShares Key News Asian equities had a strong session overnight as all markets were in the green and Hong Kong and India outperformed. Hong Kong internet stocks had a strong day fo...
“Gigantic” Impact From China Lockdowns To Hit Auto Industry Globally: Automobility’s Bill Russo
Tesla CEO Elon Musk gestures during the Tesla China-made Model 3 Delivery Ceremony in 2020, … [+] underscoring the country’s importance to the U.S. automaker. (Photo by STR / AFP) / China ...
Mainland Investor Enthusiasm Returns
China Last Night KraneShares Key News Asian equities had a mixed night as Hong Kong and China outperformed led by growth stocks and sectors. China’s April PPI and PPI came in at 8% and 2.1%, respectiv...
Mainland Investors Buy Tencent And Meituan On Weakness
China Last Night KraneShares Key News Asian equities were largely lower though China, Taiwan, Malaysia, and Thailand managed gains. Mainland China benefitted from continued verbal support from policym...
Warren Buffett-Backed BYD’s EV Production Nearly Quadrupled In April Despite Pandemic Fallout
A BYD logo on a Yuan sport utility vehicle displayed at the company’s showroom in Beijing in 2021. … [+] Photographer: Qilai Shen/Bloomberg © 2021 Bloomberg Finance LP BYD, the Shenzhen-he...
Baidu Gets Green Light For Autonomous Beijing Taxis, Premier Li Highlights Internet Companies
China Last Night KraneShares Key News Asian equities had a strong night as all markets gained, led by Japan as the Yen hit a low versus the US dollar not seen since 2002. Hong Kong had a strong day le...