China delays approval for Geely, BYD investment plans in Latin America, sources say China is delaying approval for plans by Chinese automakers Geely and BYD to produce cars in Latin America as U.S.... Published 11 Apr, 2025 05:00pm
Technology China’s BYD signs car parts distribution agreement in Italy Chinese electric automaker BYD said on Friday it signed a car parts distribution deal with Italian company Intergea,... Published 28 Mar, 2025 03:38pm
Technology China delays approval of BYD’s Mexico plant, FT reports China is delaying the approval for BYD to build a plant in Mexico over concerns that the technology developed by the... Published 19 Mar, 2025 11:02am
Technology China’s BYD raises $5.59 billion in share sale, Hong Kong’s largest in four years SYDNEY: Chinese electric vehicle maker BYD said on Tuesday it had raised $5.59 billion in a primary share sale that... Published 04 Mar, 2025 08:06am
Business & Finance China’s BYD launches share sale to raise up to $5.2bn, term sheet shows Chinese electric vehicle maker BYD has launched a sale of its Hong Kong shares to raise up to $5.2 billion via an... Published 03 Mar, 2025 04:43pm
Print BYD partners with Mega Motor Company to deliver NEVs KARACHI: BYD, the world’s largest manufacturer of New Energy Vehicles (NEVs), in partnership with Mega Motor Company... Updated 01 Mar, 2025 08:59am
Technology Complaints targeting BYD flood Chinese consumer portal after smart EV launch BEIJING: Complaints about BYD, over its move to offer free smart driving features across most of its line-up have... Published 18 Feb, 2025 12:14pm
World China’s Xi meets with business leaders amid economic, geopolitical headwinds BEIJING: Chinese President Xi Jinping on Monday spoke at a symposium was attended by business leaders including... Published 17 Feb, 2025 11:44am
Technology Foxconn says it is open to buying a stake in Nissan NEW TAIPEI: Taiwan’s Foxconn would consider taking a stake in Nissan for cooperation, its chairman said, as the... Published 13 Feb, 2025 08:21am
Business & Finance First-ever commercial shipment: BYD electric vehicles arrive at port KARACHI: Karachi Port Trust (KPT) has successfully handled the imports of Completely Built-Up (CBU), Build Your... Updated 12 Feb, 2025 06:41am
Technology Xpeng, Geely Auto’s shares fall on concerns about BYD’s smart driving push SHANGHAI: Shares in Chinese automakers Xpeng and Geely Auto tumbled on Tuesday on worries that they will struggle to... Published 11 Feb, 2025 08:08am
Technology Dongfeng Motor shares surge as restructuring plans prompt merger speculation HONG KONG: Shares of Dongfeng Motor soared as much as 85.8% in Hong Kong on Monday after the Chinese automaker said... Published 10 Feb, 2025 11:01am
Business & Finance BYD partners with ‘Breathe Pakistan’ KARACHI: BYD has reaffirmed its dedication to environmental sustainability in Pakistan. As part of its global ... Updated 08 Feb, 2025 07:57am
Business & Finance Nissan may call off merger talks with Honda, source says TOKYO: Japan’s Nissan may call off its merger talks with Honda, according to a person familiar with the matter,... Published 05 Feb, 2025 10:41am
Business & Finance Tesla commits to cheaper cars in first half, sees autonomous vehicles ‘in the wild’ in June Tesla said it was on track to roll out new, cheaper electric vehicle models in the first half of 2025 and would... Published 30 Jan, 2025 08:08am
Technology BYD plans to sell plug-in hybrids in Japan TOKYO: China’s BYD could start selling its first plug-in hybrid vehicle in Japan this year, the company said on... Published 24 Jan, 2025 10:34am
Business & Finance China’s BYD to complete $1 billion Indonesia plant by end-2025, executive says JAKARTA: China’s top electric vehicle maker BYD aims to complete its $1 billion plant in Indonesia at the end of... Published 20 Jan, 2025 02:26pm
Technology Carmakers in India plan EV onslaught in 2025 despite slowing global demand NEW DELHI: Automakers operating in India plan to launch close to a dozen new electric car models this year, many in... Published 16 Jan, 2025 11:21am
Technology Hyundai launches $18,000 EV in Japan to penetrate EV-wary market CHIBA: South Korea’s Hyundai Motor, said on Friday it would introduce the cheapest compact electric car in Japan, to... Published 10 Jan, 2025 08:26am
Technology BYD brought hundreds of Chinese workers to Brazil on irregular visas-inspector Electric vehicle producer BYD, brought hundreds of Chinese workers on irregular visas to build a factory in Brazil,... Published 08 Jan, 2025 08:22am
Technology Tesla’s China sales rise to record high in 2024, bucking global decline BEIJING: US electric vehicle maker Tesla said on Friday its sales rose 8.8% to a record high of more than 657,000... Published 03 Jan, 2025 11:02am
Business & Finance Tesla annual deliveries fall for first time as incentives fail to drum up demand Tesla,reported its first fall in yearly deliveries on Thursday as lucrative year-end incentives for the Elon... Published 03 Jan, 2025 08:30am
Business & Finance Sales surge in 2024 for Chinese EV giant BYD SHANGHAI: Leading Chinese electric car maker BYD’s vehicle sales surged in 2024, the company said in a statement,... Published 03 Jan, 2025 05:54am
Technology Chinese EV makers extend buying incentives as price war enters third year BEIJING: Chinese electric vehicle makers including Nio and Li Auto have followed market leaders Tesla and BYD in... Published 02 Jan, 2025 03:33pm
Business & Finance China’s BYD offers year-end discounts of up to 11.5% BEIJING: Chinese electric vehicle giant BYD, is offering discounts until Jan. 26 on two of its hybrid and EV models,... Published 27 Dec, 2024 08:31am
Technology BYD contractor denies ‘slavery-like conditions’ claims by Brazilian authorities BEIJING: Chinese electric vehicle producer BYD’s contractor Jinjiang Group stated on Thursday that the Brazilian... Published 26 Dec, 2024 01:30pm
Business & Finance Honda shares soar 16% after buyback announcement TOKYO: Honda shares soared more than 16 percent on Tuesday after the Japanese auto giant announced a buyback of up... Published 24 Dec, 2024 12:24pm
Markets Honda, Nissan aim to close merger talks in June 2025, source says TOKYO: Honda and Nissan are likely to unveil on Monday a pact to explore a merger by setting up a joint holding... Updated 23 Dec, 2024 11:38am
Markets Honda, Nissan move to closer tie-up as competition intensifies, source says TOKYO: Honda and Nissan,are moving towards a closer tie-up with talks of setting up a holding company, a source... Published 18 Dec, 2024 08:18am
World Chinese firms take on EV truck challenges SUZHOU: Dominant in the electric car sector, Chinese companies have been quietly consolidating their position in the... Published 15 Dec, 2024 11:36am