Page 134 - Byd News Today

After heavy downward pressure from inflation and rising rates in 2022, bonds are booming once again.

Shares in the electric carmaker continued to rally after the company reported strong profits, even amid growing competition and economic pressures.

The government is facing a severe backlash from importers of Chinese electric buses, as well as the Chinese Embassy in Korea, due to its plan to reduce subsidies for the purchases of imported electric vehicles (EVs) that use batteries with lower energy density, according to industry officials, Wednesday. Most Chinese electric buses are equipped with lithium ferro-phosphate (LFP) batteries with lower energy density compared to nickel, cobalt and manganese (NCM) batteries used in Korean EVs.

An overall look at new car registrations for 2022 shows Toyota emerging on top even as sales slumped. Still, a few names amazingly managed to buck the trend.

BYD Atto 3 BYD Atto 3 Pros: • A proper electric car thats built on a dedicated EV platform (and not an IC-engine convert) • Well-rounded product that looks good, has a nice cabin and good

A deal would mark a big step overseas for China’s electric-car industry

Sime Darby Bhd’s motor division may face near-term pressures for its China’s operation with margins normalising on recovering supply chains and softer demand for cars, says RHB Research.

Tesla's price cuts have resonated with customers in China, making the move a "huge success story so far," Wedbush's Dan Ives said.

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Tesla’s sales in China jumped nearly 80 per cent after the US carmaker slashed prices, but the discounts might not be enough to revive growth as rivals follow with price cuts of their own, analysts said.