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The Latest Breaking News from BYD

Tesla China Offers De Facto Price Cut As Wait Times Plunge

With Tesla China wait times all down to one week amid soaring production, the EV giant is offering a de facto price cut as rival EVs step up.

Investors Business Daily

EVs Hit 10 Percent Of Global New Car Sales, BYD And Tesla Lead

China sees strong competition from BYD and Tesla. From January to July 2022, the Tesla Model Y had 344,928 global sales to remain the top-selling EV.

InsideEVs

BYD Will Build Electric Car Plant In Thailand

BYD announced that its first electric car manufacturing plant outside of China will be located in Thailand.

InsideEVs

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BYD set to pursue state EV incentives

BYD is expected to be the latest Chinese automaker to take up the government's electric vehicle (EV) incentives when its sole distributor Rever Automotive Co signs an agreement with the Excise Department later this month for a tax reduction and subsidy that make the firm's "new energy vehicles" more affordable…

Bangkok Post

BOI hands Investment Promotion Certificate to BYD

Mr. Narucha Ruchuphan, Senior Executive Investment Advisor, Thailand Board of Investment (BOI), handed to Mr. Prawit Vijittanakul, Commercial Manager of BYD Auto (Thailand) Co., Ltd., as the company’s representative, the Investment Promotion Certificate for BYD’s 17.9 billion baht (ca. US$490 million) investment in a ‘new energy’ passenger vehicle plant in…

Bangkok Post

WHA Group eyes automakers

WHA Group is targeting Chinese automaker BYD for industrial land sales as the company aims to operate a battery electric vehicle (BEV) assembly plant here in 2024, while hoping to establish an EV production base in Rayong.

Bangkok Post

Tesla Deliveries In China Approach Record High After Production Lull

Tesla (TSLA) deliveries in China shot up in August, approaching record highs set in June, after it ramped up capacity in its Shanghai facility. Tesla stock edged up Thursday. Elon Musk's electric-vehicle giant delivered around 77,000 autos in China during August, according to Thursday numbers released by the China Passenger…

Investors Business Daily

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Top Financial Stories Thursday, September 08: Amazon Slows Down Hiring, Netflix Focuses On Cost Cutting, iPhone 14 Will Be Available In Russia And More…

Reuters

Benzinga

China’s BYD signs land deal to build first EV plant in Thailand

Chinese electric-car maker BYD Co signed a land purchase deal Thursday with WHA Corp, Thailand’s largest industrial-estates developer, to build its first electric vehicle (EV) production plant in Southeast Asia.

Bangkok Post

BYD Targets 4 Million Plug-In Electric Car Sales In 2023

BYD is on a path of fast growth, which soon is expected to translate into millions of plug-in electric cars sold annually.

InsideEVs

BYD Plug-In Car Sales Accelerated To 174,000 In August 2022

BYD does not intend to slow down and increases production and sales of plug-in electric cars basically every month.

InsideEVs

Dow Jones, Other Indexes Reverse Lower; Warren Buffett Sells More BYD Stock

A sudden rise in the unemployment rate tempered today's strong payroll numbers.

Investors Business Daily

Stock Market Skids, But Bounces Off Lows; Nvidia, Pinduoduo, BYD, Jobs In Focus: Weekly Review

The stock market suffered significant weekly losses again, but bounced off lows, helped by Friday's jobs report. Nvidia, BYD were big losers as Pinduoduo soared.

Investors Business Daily

Buffett's Berkshire Hathaway Trims Stake in China's BYD

Warren Buffett's investment firm said it sold shares of Chinese electric-vehicle maker BYD Co. for about $46 million.

Bangkok Post

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Investors Business Daily

Dow Jones Futures Fall: China Export Curbs On Nvidia, AMD Hit Chip Stocks

Futures fell as China export restrictions on Nvidia, AMD hit chip stocks. China EV sales were mixed.

Investors Business Daily

Dow Jones Slips Amid Weak Jobs Data; Warren Buffett Stock Plummets; BBBY Stock Craters On This

The Dow Jones fell amid weak new jobs data. A Warren Buffett stock took a tumble. BBBY stock cratered, with AMC stock also dipping.

InsideEVs

Report: BYD-Powered Toyota bZ3 Electric Sedan Emerges In China

Toyota is expected to introduce soon a new all-electric model in China, called the bZ3, which will be powered by BYD's batteries and electric motors.

Investors Business Daily

Stock Market Falls; Consumer Optimism Feeds Fears Of Rate Hike; Google, Microsoft Struggle

Stock market falls as positive economic news reinforces fears of a Fed rate hike. Microsoft and Google still struggle.

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Benzinga

Alibaba, XPeng Slip As Hang Seng Breaches Key Support Level: American Firms' China Optimism Hits Record Low

The Hang Seng Index opened 1.5% lower on Tuesday, as investors factored in the possibility of an aggressive rate hike in the U.S. when the Federal Open Market Committee meets in September. Market participants also weighed the results of a survey that showed American firms’ optimism about China hit a record low.

Investors Business Daily

China EV Sales: BYD Deliveries Keep Booming As Warren Buffett Sells More Shares

Nio, Xpeng and Li Auto report August China EV sales Thursday, with BYD soon after. BYD stock is diving as Warren Buffett disclosed a small share sale.

Investors Business Daily

Stock Market Slides As Powell's Comments Continue To Weigh On Investors; 2 Chinese Stocks Gain On Earnings

The stock market slid Monday after Fed Chairman Jerome Powell's comments on Friday to rein in inflation continued to spark fear among investors. Meanwhile, two Chinese stocks gained on earnings. The Nasdaq composite lost 0.2% while the S&P 500 was down 0.3%. The Dow Jones Industrial Average slid 0.5%. The…

Investors Business Daily

Dow Jones Futures Fall: Big Test For Indexes As Market Rally Feels Fed Chief Powell's 'Pain'

Fed chief Jerome Powell warned Friday to expect some "pain," and the market rally certainly felt it. Here's what to do now.

InsideEVs

BYD Reportedly Looking To Start Building Electric Cars In Europe

Localising EV production for important markets seems to be a hot topic these days, with several Chinese automakers looking to open plants in Europe or the US.

The Hindu

BYD India to open 25 showrooms across India by mid-2023

Company’s second showroom launched in Vijayawada

InsideEVs

China: Plug-In Car Sales More Than Doubled In July 2022

The plug-in electric car segment in China is growing very fast and once again more than doubled year-over-year.

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