Tag: BYD Co Ltd
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Tesla deliveries jump 25% over last year, blowing past expectations
Tesla is trying to recover from consecutive annual declines in vehicle sales that were partly caused by a consumer backlash against CEO Elon Musk.
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Shares of BYD and Xiaomi surge as June delivery figures fuel optimism
Hong Kong-listed shares of Chinese electric vehicle makers surged, after companies posted June vehicle data that helped to buoy investor sentiment.
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Second worker dies at BYD’s Hungary factory already under scrutiny for labor practices
A second worker died at the construction site of BYD’s electric vehicle factory in Hungary, CNBC has learned.
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China imposes trade curbs on dozens of U.S. firms in retaliation for Pentagon blacklist
The Pentagon earlier this month updated its so-called 1260H list by adding a slew of Chinese technology companies to a roster of entities it believes have aided Beijing’s military.
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Electric vehicle giant BYD predicts 80% of China car sales will soon be electric
BYD expects China’s competitive electric vehicle market to continue growing, even as manufacturers and analysts anticipate domestic demand to taper further.
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CNBC Daily Open: Tim Cook’s last WWDC, tech IPOs and Middle East tensions
Tensions in the Middle East still continue to simmer as Israeli Prime Minister Benjamin Netanyahu warned the war “has not yet ended”
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Pentagon expands list of China military-linked firms to include Alibaba, Baidu in fresh blow to diplomatic thaw
The Pentagon briefly posted a similar expanded list in February, then withdrew it without explanation before Trump’s China trip.
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Tesla’s China-made EV sales jump nearly 40% in May as domestic market rebounds
Sales of Tesla’s China-made electric vehicles rose by nearly 40% in May amid a broader recovery in the country’s competitive market.
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