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...
Tag: Li Auto
Don’t Take Your Freedom For Granted
Out from Shanghai: Automobility CEO Bill Russo returned home to Reno, Nevada this month. Bill Russo American businessman Bill Russo has a long record of success in China. The 18-year veteran in the co...
China SUV Leader Great Wall Motor Reports 41% Plunge In April Sales Amid Lockdowns
Wei Jianjun, chairman of Great Wall Motor Co., attends a news conference in 2019. Great Wall, … [+] Photographer: Paul Yeung/Bloomberg © 2019 Bloomberg Finance LP April sales at Great Wall Motor...
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...
Tesla Investors, Beware: April Deliveries for NIO, Li, and XPeng Hit by Covid
A Covid outbreak in China, which forced production shutdowns, is weighing on April’s output numbers for electric vehicle makers. Hector Retamal/AFP via Getty Images Text size Chinese electric ve...
Tesla Investors Beware: Bad NIO, Li, XPeng April Deliveries Hit by Covid.
A Covid outbreak in China, which forced production shutdowns, is weighing on April’s output numbers for electric vehicle makers. Hector Retamal/AFP via Getty Images Text size Chinese electric ve...
China Revises Delisting Rule. But Investors May Want to Sell on the Rally.
Text size The probability of a mass delisting of Chinese stocks like Alibaba may have ticked lower with revised rules from China’s regulators. Greg Baker/AFP via Getty Images The probability of ...
EV Sales At Warren Buffett-Backed BYD Quadrupled In March
Warren Buffett’s Berkshire Hathaway owns 7.7% of BYD. Photo by: zz/Dennis Van Tine/STAR MAX/IPx zz/Dennis Van Tine/STAR MAX/IPx BYD, the Shenzhen-headquartered vehicle and battery maker backed b...
Tesla’s China Sales Dropped. Tesla Stock Rose Anyway.
Text size Tesla delivered 56,515 vehicles from its Chinese plant in February. Sam Yeh /AFP via Getty Images Tesla sales from its plant in Shanghai fell in February from January, following the pattern ...
Li Auto Posts Second Straight Quarterly Profit. The Stock Is Rising.
Text size Li Auto ONE Courtesy of Li Auto Chinese electric-vehicle maker Li Auto reported a profitable fourth quarter even as the company ramped up spending on vehicle development. The results looked ...