News

China auto shares sink after BYD offers trade-in incentives
Shares in Chinese automakers such as BYD, Nio and Geely tumbled on Monday after industry leader BYD offered fresh incentives ...
BYD launches attempt to crush Tesla in China
BYD has reduced the price tag of its cheapest car, the Seagull hatchback, to £5,712 - Aly Song/Reuters. BYD has slashed the ...
BYD Shares Extend Losses as Price Cuts Throw Spotlight on Sales
BYD Co. shares extended losses in Hong Kong trading Tuesday — taking their two-day slide to more than 10% — as last week’s ...
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China's BYD aims to raise the stakes with its intelligent driving technology
Chinese EV makers extended their losses with the industry facing a price war. A confidential meeting between China’s commerce ministry and automakers also reportedly took place over the rise in ...
China's BYD gains ground in Sri Lanka's auto market
BYD, a Chinese new energy vehicle (NEV) maker, is expanding its footprint in Sri Lanka with plans to introduce DENZA, its premium luxury brand, through local distributor John Keells CG Auto.
Tesla sales plunge 49% in Europe as Elon Musk’s firm faces brand crisis, China rival
Tesla’s sales in Europe plunged in April as the electric car maker faced backlash over Elon Musk’s political work and rising competition from China-based rival BYD. Tesla sold just 7,261 ...
China’s BYD Outsells Tesla in Europe for First Time
Despite steep tariffs, the Chinese carmaker leapfrogged Tesla in April, in what an analyst called a “watershed moment” for ...
China's BYD turns up heat in Europe with launch of Dolphin Surf EV
Chinese electric vehicle maker BYD's low-cost Dolphin Surf became its 10th model available in Europe on Wednesday, with the ...
Hong Kong stocks erase gain as BYD, Meituan pace losses amid competition
Stocks surrendered earlier gains as investors cut positions in EV makers, e-commerce leaders amid signs of rising competition ...