The automotive industry is on a steady growth path, with the electric vehicle (EV) segment leading the charge.
BYD Electronic's automotive segment is projected to grow significantly by riding on the coattails of its parent. See why BYDIY stock is a Buy.
China’s BYD, Geely, and SAIC have filed complaints at the Court of Justice of the European Union (CJEU) against the European Commission, seeking to avoid
The European stock markets closed mixed in Monday trading as The Stoxx Europe 600 was off 0.04%, Germany's DAX declined 0.54%, the FTSE 100 in London edged 0.02% higher, France's CAC 40 was down 0.27%,
In a report released today, Alex NG from CMB International Securities reiterated a Buy rating on BYD Electronic (International) Co (BYDIF –
There’s a Shark circling one of the greatest profit pools for American automakers globally, as Chinese automaker BYD Auto expands its reach and product portfolio with a pickup truck.
BMW’s Chinese-made BEVs now incur EU import tariffs of close to 21%, while for BYD’ Auto the tariff rate is set at 17%; Geely 19%; and SAIC Motor 35%. Olof Gill, spokesperson for the European Commission (EC), confirmed earlier this week that the EU is prepared to respond to the case in court.
Chinese EV makers BYD, Geely, and SAIC contested EU's import duties at Court of Justice. Tesla excluded from tariffs, gaining only 7.8% tax.
BYD, the world's largest electric vehicle manufacturer in 2024, continues expanding its global presence. After including Mexico, Hungary, Turkey, and Pakistan in its plans, the automaker announced a new factory in Indonesia,