Latest Updates Around The World
Tesla lost its throne as the world’s largest electric vehicle maker after reporting a brutal fourth quarter in which sales fell 16 percent to 418,000 vehicles. China’s BYD took first place with 2.26 million electric vehicles sold worldwide by 2025, an increase of 28 percent compared to last year. The collapse came after September’s elimination […]
Ignoring a trillion-dollar Chinese surplus or pretending that it has no impact on global investment flows does not strengthen India’s position | Photo credit: Tyrone Siu China’s exports have reached a milestone that should be alarming, if not shocking, to policymakers around the world: a trade surplus of about $1 trillion. It’s a big enough […]
Chinese-owned automakers are emerging as major players in India’s electric passenger car segment, challenging longtime leaders Tata Motors and Mahindra & Mahindra. In less than two years, brands like BYD, MG Motor and Volvo – all backed by Chinese companies – have overtaken several Korean and German rivals to now account for almost a third […]
Berkshire Hathaway from Warren Buffett has fully sold his 17-year interest in the Chinese electric vehicle maker BYD, with which one of the most profitable foreign bets in the history of conglomerate ends. The relocation, which comes after BYD shares rose nearly 3,900% during the Berkshire holding period, rattled investors, even when the Chinese automaker […]
Without the possibility of investing in production in India, BYD trusts the assembly factory in the southern city of Chennai | Photocredit: Qilai Shen China’s Byd Co. Expires with his attempts to expand in India, despite roadblocks from the government who prevent the electric vehicle maker from performing important business transactions there. Like most Chinese […]
The sale of Tesla electric vehicles fell by 13 percent in the first quarter of 2025, the worst quarterly result in the company since 2022. It is amidst the reinforcement of the competition on the car market and a return to CEO Elon Musk’s embrace of extreme right -wing politics. The company’s share price fell […]
