Toyota's profits rise as global chips supply crunch subsides
Toyota’s January-March profit has edged up 3% from the previous year on robust sales as...
Source: ctinsider.com
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China's EV price war expected to continue after discounts fail to ignite car sales
The risk of further price competition has not been fully eliminated, because key carmakers – particularly EV makers such as BYD – are struggling to meet lofty sales goals they set for this year.
Source: scmp.com
Weekly Investment Analysts' Ratings Changes for Boyd Gaming (BYD)
Several analysts have recently updated their ratings and price targets for Boyd Gaming (NYSE: BYD): 4/26/2023 – Boyd Gaming had its price target raised by analysts at Truist Financial Co. from $83.00 to $85.00. 4/26/2023 – Boyd Gaming had its price target raised by analysts at Deutsche Bank Aktiengesellschaft from $76.00 to $78.00. 4/26/2023 – […]
Las Vegas United States Keith Smith Marianne Boyd Johnson Truist Financial Co Securian Asset Management Inc
Source: wkrb13.com
Tencent, Alibaba and Meituan weigh on Hong Kong stocks as investors await key China trade data
Hong Kong stocks dropped as investors are still not convinced about the strength of China’s economic recovery despite a better-than-expected 8.5 per cent jump in exports in April.
Source: scmp.com
Berkshire Hathaway Sells BYD As Buffett Says He Doesn't Want to Compete With Musk
"We don't want to compete with Elon in a lot of things," Warren Buffett said at Berkshire Hathaway's annual investor meeting.
Source: businessinsider.com
Who Is Pushing the EV Shift – Climate Change or China?
Ask any battery electric vehicle (BEV) advocate why the world is adopting vehicles powered by battery packs, and they will tell you that it's due to...
Source: autoevolution.com
Chinese EV price war shifts to SUVs as carmakers battle it out
The crowded market is about to get tighter, squeezing pricing at home and driving exports
Source: businesslive.co.za
LGES remains top battery supplier for EVs in non-China markets
South Korea-based SNE Research released the ranking of battery usage for EVs in non-China markets on May 8. LG Energy Solution retained the crown with a global market share of 28% for the first three months of 2023, while CATL was ranked second with 24.4% of the share.
Source: digitimes.com
Warren Buffett's Berkshire Hathaway Sells More Stock In China's EV Leader BYD
The group has taken profits in the electric-vehicle maker. The move hasnt impacted shares yet.
Berkshire Hathaway Motor Vehicles Passenger Cars Alternative Fuel Vehicles Diversified Holding Companies Business Consumer Services
Source: barrons.com
Tesla reportedly starts making EVs with BYD's batteries in Germany
Tesla and BYD have reportedly moved their relationship to a new stage. According to Germany-based , Tesla started manufacturing Model Ys with batteries from BYD at the gigafactory in Berlin last week, increasing its battery supplies.
Source: digitimes.com