What’s likely to move the market in the next trading session
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 14, 2024. REUTERS/Brendan McDermid Brendan Mcdermid | Reuters Stocks @ Night is …
BYD Co Ltd
More than half of new cars sold in China are now electric or hybrid
BYD’s new luxury brand Yangwang is selling its first model, the U8, for more than 1 million yuan (US$160,000). CNBC | Evelyn Cheng BEIJING — For the first time in …
Chinese EV makers debut in Singapore as city-state dangles incentives
GUANGZHOU,CHINA – NOVEMBER 24: A ZEEKR X is on display during the 2023 Guangzhou International Automobile Exhibition at China Import and Export Fair Complex on November 24, 2023 in Guangzhou, …
Berkshire’s cash pile could top $200 billion as Buffett sells stock
Warren Buffett in Omaha, Nebraska, on May 3, 2024. David A. Grogan Berkshire Hathaway‘s highly scrutinized cash pile could top $200 billion — more than the entire annual gross domestic …
Uber to start using BYD cars in Europe, Latin America and develop ‘autonomous-capable vehicles’
BYD launched the BYD Seal in Europe at the IAA auto show in Munich, Germany. The electric sedan has a starting price of 44,900 euros ($48,479). Arjun Kharpal | CNBC …
WeRide expands globally as transportation industry adopts AI
BEIJING, CHINA – JULY 11: People take photos of WeRide Robobus, a fully-driverless shuttle capable of SAE Level 4 autonomous driving, at Beijing High-level Autonomous Driving Demonstration Area on July …
Chinese EV startups are spending more on research than Tesla is
Nio’s second factory in the city of Hefei has around 2,000 human workers and 756 robots. CNBC | Evelyn Cheng BEIJING – U.S.-listed Chinese electric car companies are spending more …
Chinese EV stocks drop after Tesla’s earnings miss, General Motors delays EV plans
Spectators are looking at BYD Song L electric cars at the 21st Changchun International Automobile Expo in Changchun, Jilin province, China, on July 17, 2024. (Photo by Costfoto/NurPhoto via Getty …
Foreign carmakers in China face ‘increasingly precarious’ situation
Newly produced electric vehicles are being seen at Tesla’s Shanghai Gigafactory in Shanghai, China, on December 31, 2023. Costfoto | Nurphoto | Getty Images BEIJING — New tariffs on Chinese …
China hopes for solution with EU on EV tariffs ‘as soon as possible’
Employees work on the assembly line of electric vehicles in a digital automotive factory of Jiangling Motors on May 17, 2024. Vcg | Visual China Group | Getty Images BEIJING …