The growth is spearheaded by BYD. Seven out of 10 EVs sold in the country are from the brand, which also leads hybrid sales.

The announcement boosted BYD’s stock price by 4.1%, reaching a record high on the Hong Kong Stock Exchange. Investors see the ...

Chinese electric-car maker BYD poses a major threat for Elon Musk’s Tesla and Detroit’s Big 3 automakers – and President Trump’s trade war with China could accelerate the crisis, experts ...

Five years after Macy's closed its headquarters downtown, the building is now breathing new life. This time, as home for hundreds of new residents. A ceremonious ribbon-cutting marked the ...

“As the words came out of Trump’s mouth, they were probably drinking champagne in BYD headquarters,” Ives told The Post. “It accelerates BYD’s success.” “Tesla is operating in an ...

After the raid, a spokesperson based at BYD’s China headquarters denied wrongdoing, saying in a post on the Weibo social media site that the accusations were an attempt at “smearing” Chinese ...

The company will continue building factories overseas without partners as it has abundant funding, Wang added. BYD is currently building a factory in Brazil, its biggest market outside China ...

BYD will look to dodge the worst effects of tariffs by buying key EV components inside China and building vehicles in local markets, according to Wang. Any attempt by BYD to expand manufacturing ...

BYD's new Han and Tang L EVs, which will retail later this year for 270,000 to 360,000 Yuan (or US$37,300 to $49,800 respectively), will be the first to employ this battery tech technology.