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May 28, 2021
Read more about Hong Kong media tycoon Jimmy Lai, nine others sentenced to prison on Business Standard. Amid Chinas crackdown, Hong Kongs pro-democracy leaders were sentenced to jail over violation of the National Security Law
May 27, 2021
The Biden Administration is proposing significant increases to capital gains taxes, and while those levies are aimed at big earners...
May 25, 2021
Madrids Municipal Transport Company, EMT Madrid, has taken delivery of 30 eBuses from BYD. When this years new intake of 30 vehicles is complete, a total of 45 BYD eBuses will be in operation for EMT Madrid, one of Spains largest public transport operators with a fleet of around 2,000 vehicles running on a network comprising 218 routes. The BYD fleet is replacing the Madrid-based companys diesel-powered buses. BYDs 12-metre eBus remains the companys best-selling model in Europe with more th...
April 28, 2021
Synopsis BYD reported 237.4 million yuan ($36.61 million) net profit in the first three months this year, up from 112.6 million yuan a year earlier. Its revenue grew 108% year-on-year to 41 billion yuan in the first quarter. Agencies BYD Co Ltd reported growth of 110.7% in first-quarter net profit. Chinese electric vehicle maker BYD Co Ltd, which is backed by U.S. investor Warren Buffett, on Wednesday reported growth of 110.7% in first-quarter net profit. BYD reported 237.4 million yuan ($36.61...
April 27, 2021
Boyd: Q1 Earnings Snapshot FacebookTwitterEmail LAS VEGAS (AP) _ Boyd Gaming Corp. (BYD) on Tuesday reported first-quarter net income of $102.2 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Las Vegas-based company said it had net income of 90 cents. Earnings, adjusted for non-recurring costs, were 93 cents per share. The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for ear...
April 15, 2021
BYD is partnering the Nordic car distributor, RSA, to deliver its sales, service and parts offering for BYD customers in Norway. It says RSAs comprehensive network of dealer locations will ensure the BYD brand will enjoy a country-wide platform, while outstanding local aftersales back-up is assured from a company with a wealth of experience of supporting automotive brands. Norways small market enjoys the highest market penetration for EVs in Europe. The company points to its 26-years of expe...
April 12, 2021
BYD building all its EVs with safer blade-shaped battery By ZHANG DANDAN | China Daily | Updated: 2021-04-12 10:25 BYD launches its new electric models, including the 2021 Tang EV and the Qin Plus EV, last week in Chongqing. The new SUV and sedan are equipped with the automakers self-developed blade-shaped batteries. [Photo by Zhang Dandan/China Daily] All dangers must be targeted as more electric cars hit the road, says automakers chairman Auto manufacturer B...
April 12, 2021
Lockdown at Chile has yet to affect exports of lithium salt Chile has closed its borders from April 5 to May 1 to control the widespread of Covid-19, only allowing international transportation for emergency, humanitarian or medical purposes. The lockdowns in Chile have not affected the exports of lithium salt. Shipments from major manufacturers have been smooth, but it cannot be ruled out that future shipments may be affected by the delay of shipping schedules. According to SMM calculations, it...
March 17, 2021
By Reuters Staff 1 Min Read FILE PHOTO: A woman walks past a BYD sign at the second media day for the Shanghai auto show in Shanghai, China April 17, 2019. REUTERS/Aly Song BEIJING (Reuters) - China’s electric vehicle (EV) maker BYD is hiring engineers for its first overseas battery plant in Europe, the company backed by Warren Buffett said on Wednesday, as it pushes to become an EV parts supplier. Batteries are key components of EVs. BYD, based in the southern city of Shenzhen, which also m...
March 16, 2021
One problem: As Newsom crowed in his State of the State speech, and as he told the ladies of “The View” Tuesday, the state has a budget surplus. . @MeghanMcCain to @GavinNewsom: Californians are fed up and leaving the state because of high taxes and a terrible business climate. Why? Gavin: but we have a record budget surplus in California. If that’s true, why isn’t it being immediately directed to this dire emergency your supporters claim the state has? How much will a recall election c...