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BYD’s Hong Kong-listed shares jumped more than 6% shortly after the open, notching a new a 52-week high. The stock, which was last seen trading around 4.2% higher, is up over 50% year-to-date.
Just because you don't see its products being bought or used every day doesn't mean there's no demand for them somewhere.
Chinese automaker BYD reported annual revenue of 777 billion yuan ($107 billion) for 2024, leapfrogging U.S. rival Tesla as competition between the two electric vehicle rivals heats up.
Tesla Inc. continues to post steep sales declines in Europe’s biggest electric vehicle markets, where the Elon Musk-led automaker is ceding significant share to China’s BYD Co.
BYD's overall vehicle sales dwarfed Tesla's last year. The Warren Buffett-backed electric vehicle giant sold 4.27 million vehicles in 2024, compared with Tesla's 1.78 million.
BYD’s shares rose in Hong Kong after the Chinese electric-vehicle company unveiled its new fast-charging technology and announced an employee share incentive plan. Shares rose as much as 6.0% to ...
The new charging architecture will be initially available in two new EVs - Han L sedan and Tang L SUV priced from 270,000 yuan ($37,328.91) and BYD said it would build over 4,000 ultra-fast ...
Chinese electric vehicle maker BYD plans to double its overseas sales this year as it steps up competition with Elon Musk’s Tesla and other automakers, a top executive said Tuesday.
SHANGHAI (Reuters) -A large dealer of Chinese electric vehicle maker BYD's cars in the eastern province of Shandong has gone out of business with at least 20 of its stores found to be deserted or ...
BYD has not yet confirmed the Seal 06 DM-i for local showrooms, but a spokesperson for the automaker told CarExpert the Seal 6 DM-i is under evaluation for Australia in both sedan and wagon body ...