It has also announced plans to construct a major facility in Mexico, which will reportedly create about 10,000 jobs. Intense competition at home played a role in BYD’s need to raise funds as ...

The greenback remains under pressure and fell to new lows for the move against the euro, sterling, and the Norwegian krone. Click to read.

The world's biggest EV maker says Chinese electric cars are far ahead of the competition. The most popular models cut across ...

Tesla's dependence upon China's giant semiconductor supply base continues to be a decisive element of its operations ...

Recently reported plans for BYD to move to Mexico have further flared calls to ... it disclosed 81.52 billion yuan ($11.33 ...

Tesla is working on a cheaper, shrunken version of the Model Y planned to cost 20 per cent less to produce, a new overseas report claims. If accurate, it appears the first of Tesla's "more affordable" ...

A gauge of Chinese shares listed in Hong Kong declined as much as 2.5%, while the onshore benchmark CSI 300 Index fell as much as 0.8%. BYD was among the biggest decliners.

He paused the planned 25% blanket tariff on Mexico and Canada after the ... and Tesla's competitor BYD. Both the Chinese Yuan and the Chinese stock markets have been on the rise since the ...

Prices start as low as 100,000 yuan ($14,500 ... Brazil and other developing markets. BYD announced a 1,000-vehicle sale last year to Mexico’s VEMO for the biggest EV taxi fleet outside China.

However, Tesla is no longer the top brand (not only in China but also in many other countries); it was overtaken by BYD. The following ... has extended a 10,000 yuan discount on outstanding ...

The US president also threatened penalties on Canada and Mexico — where Volkswagen ... by Tesla Inc. and local manufacturers including BYD Co. Scholz’s government has tried to reset ...