Berkshire Hathaway has completely divested from BYD, marking a significant shift in the Chinese EV landscape as sales slow and profits dwindle. What does this mean for the future of electric vehicles in China?
Tesla faces a shocking 40% drop in sales in Europe amid a booming EV market, while BYD's sales skyrocket by 225%. Can Tesla recover, or is BYD taking the lead?
In a daring strategy to dominate the EV market, BYD has launched a fleet of massive ships to deliver vehicles worldwide, positioning itself to overtake Tesla in sales. Discover how this innovative approach is reshaping the automotive landscape!
This week in Installer No. 91: leaked Pixel 10 details, BYD's stunning Yangwang U9 supercar, exciting new Apple betas, and a sneak peek at Ted Lasso's upcoming season. Plus, gaming, gadgets, and the latest in entertainment!
In China, electric vehicles are no longer a luxury but a cost-effective choice for many drivers. With government support and innovative technology, the country leads the global EV market, making green transportation accessible to all.
In a significant move amidst a turbulent automotive market, Volvo Cars announces it will lay off around 3,000 employees, impacting 15% of its office workforce. The decision comes as the company grapples with declining sales and rising material costs, prompting an urgent restructuring plan.
China's EV price war intensifies as BYD cuts prices on 22 models, causing sharp declines in the stock of major competitors like Tesla's rivals. Investors are anxious as the competition heats up in the world's largest auto market.
Shares of BYD fell on the Hong Kong exchange following recent price cuts. This move has raised eyebrows in the EV market, affecting other key players like Xpeng, Nio, and Li Auto. What does this mean for the future of electric vehicles?
Tesla's sales have hit a three-year low, with a 13% drop in deliveries. The backlash against Elon Musk's political involvement and competition from BYD are major factors. Tesla faces intense scrutiny as shares tumble.
In a stunning turn of events, Chinese automaker BYD has reported annual revenue of 777 billion yuan, surpassing Tesla. With a 29% increase from last year, BYD's rapid development in EVs and new battery technology is reshaping the market landscape.
