Lu Xiangyang News Today

Announcement comes ahead of expected visit by German Chancellor Olaf Scholz

International business magazine, Forbes on Tuesday unveils the list of 200 richest people in the world as at March 8, 2024.

In this article, we will be looking at the 25 richest billionaires in automotive industry. To skip our detailed analysis, head directly to see the 5 Richest Billionaires in Automotive Industry. Global Automotive Industry Outlook: 2024 The global automotive industry is thriving and we can see how it is transitioning from conventional vehicles to electric […]

Wang Chuanfu's BYD just beat out Elon Musk's Tesla as the world's biggest electric car maker. Here's how the Chinese orphan built his EV empire.

BYD, the Chinese titan in the electric vehicle industry, revealed a surge of nearly 39% in new energy vehicle sales for October, soaring to 301,833 units from 217,816 the previous year.

Chinese makers market capitalization tops GM and Ford combined

BYD Electronics is a supplier to the world smartphone industry

Wang Chuanfu saw his net worth drop by as much as $1.5 billion on Monday, as investors dumped shares of China’s electric-vehicle companies across the board.

Earnings helped by rising sales and scale

F alling stocks, wounded unicorns and rising interest rates translated into a down year for the world’s wealthiest people.