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Warren Buffett sells $47 mn worth stake in Chinese EV firm BYD
There is widespread speculation that Buffett will soon sell out his entire stake in BYD. Th…
BYD fires the latest shot in China's EV price war with 12% price cut
The latest version of BYD's Yuan Plus starts at about $16,600, which is about 12% less than its pre…
Alexandra Bacon
China's BYD is the world's biggest electric car maker — but it's not coming to America anytime soon
BYD has overtaken Tesla as the world's top electric car maker. Here's why the Chinese company is un…
George Glover
Electric-car maker BYD sells $3.9 billion in stock after Tesla-led rally quintuples prices
The automaker - backed by legendary investor Warren Buffett - aims to use the funds to strengthen i…
Ben Winck
Berkshire Hathaway has cashed in at least $300 million in Tesla rival BYD stock in the past month - as Warren Buffett's 14-year bet continues to pay off
Warren Buffett's firm sold off more than 11 million shares in BYD last month, as it continues to re…
Ryan Hogg
Chinese EVs you can buy in Europe — but not in the US
China's electric vehicle giants were effectively shut out of the US in May when the government impo…
Tom Carter
The China threat and the EV slowdown— 2 takeaways from a busy few weeks in auto news
EV leaders are facing roadblocks heading into the final quarter of 2024.
Nora Naughton
Musk's latest threat from China is a new luxury EV built by one of its biggest smartphone firms
China's Xiaomi is best known for making smartphones. Its billionaire founder says electric vehicles…
Tom Carter
Chinese EV automaker BYD will spend $14 billion developing smart car features that rival Tesla
The Chinese EV maker unveiled its AI–powered Xuanji smart car system at its "Dream Day" event on Tu…
Tom Carter
Warren Buffett's Berkshire Hathaway sells a million more BYD shares to realize huge profits in the Chinese EV maker
Buffett's ongoing share sales have weighed on BYD's stock price in recent months, but the stock is …
Matthew Fox
China spends at least $230 billion trying to win the EV race, study finds
Government subsidies have played a crucial role in nurturing China's thriving EV sector and manufa…
Tom Carter
5 reasons BYD is surging ahead after eclipsing Tesla's quarterly sales for the first time
The Chinese EV giant announced record revenues in its Q3 earnings on Wednesday, surpassing Tesla's …
Tom Carter
Beware, Elon Musk — BYD just took its next step toward world domination
BYD plans to open a $1 billion factory in Turkey that is expected to begin production by the end of…
Tom Carter
Auto Expo 2023: Chinese electric carmaker BYD India to launch luxury sedan in 2023's last quarter
Chinese electric carmaker BYD India on Wednesday unveiled its new luxury sedan BYD Seal which, it s…
Chinese electric automaker BYD is about to outsell Tesla this year. Here's how it's winning the race against Elon Musk.
China's BYD is almost certain to sell more electric cars worldwide in the final quarter of 2023 and…
Nathan Rennolds,George Glover
Toyota and BMW are the latest casualties in China's evolving EV market
Toyota and BMW reported sinking profits on Wednesday, with sales in China slumping as both face gro…
Tom Carter
The founder of Tesla's biggest China rival reportedly drank a glass of battery fluid to impress one of Warren Buffett's lieutenants
The founder of Chinese automaker BYD, Tesla's biggest global EV rival, once drank battery fluid in …
Alexa St. John
China has a problem with electric cars and that's bad news for Elon Musk
Ongoing price wars and a faltering economy have dampened Chinese demand for electric cars. That's h…
George Glover
Tesla's biggest competitor just announced a collab with Uber
Uber drivers could get discounts on 100,000 electric vehicles in various markets, and the companies…