The 3 Best EV Stocks to Buy in July 2024

10:23am, Wednesday, 03'rd Jul 2024
Best EV stocks and related subjects are receiving immense attention due to the secular growth in the electric car market, which is projected to reach $951.9 billion by 2030 from $388.1 billion. China

BYD: Never Bet Against The EV Market Leader

08:30am, Wednesday, 03'rd Jul 2024
BYD achieves a new quarterly deliveries record in Q2. BYD's battery EV deliveries could surpass Tesla's performance in 2024. BYD has benefited from the shift in growth momentum to plug-in hybrids, exp
A new report on Tuesday said that Chinese EV giant BYD was set to beat Tesla in battery EV sales in 2024. "This shift underscores the dynamic nature of the global EV market," said Counterpoint Resear

The 3 Best Chinese Stocks to Buy in July 2024

03:25pm, Tuesday, 02'nd Jul 2024
Investing in the best Chinese stocks can offer much needed strategic portfolio diversification. The past few years have been tough for Chinese stocks, weighed down by regulatory changes, geopolitical

BYD Sales Rise to a Record

08:17am, Tuesday, 02'nd Jul 2024
China's BYD sold nearly one million electric cars in the second quarter. Sales were driven by price cuts and new technology that attracted customers.
Tesla Inc (NASDAQ:TSLA) saw its market share in China continue to shrink sharply in June, with sales down 24%, while closest electric vehicle rival BYD increased deliveries by more than 35%. Sales of
Ayvens , the car leasing unit of French bank Societe Generale , and Chinese electric vehicles company BYD announced on Tuesday a partnership for the European market.
China's BYD posted a 21% rise in second-quarter electric vehicle sales, closing the gap with Tesla after handing back the world's top EV vendor title to the U.S. rival in the first quarter.
Chinese electric-vehicles giant BYD Co. sold a record number of EVs and hybrid cars in the second quarter, boosted by discounts and new technology. Danny Lee reports on Bloomberg Television.
In Europe, amid the celebrations around the UEFA European football tournament, something else is part of the landscape now: Chinese company sponsors, from EV-maker BYD to AliExpress and AliPay. Ed Lud

BYD Sales Grow. It May Top Tesla Again.

08:20am, Monday, 01'st Jul 2024
The Chinese EV maker reported June sales numbers that were up 35% year over year. Its rival Tesla is due to post figures on Tuesday.
Chinese automakers are expected to continue to rapidly expand outside of China to achieve 33% of global automotive market share by 2030, according to consulting firm AlixPartners. Much of the growth,
Peru's president met with Chinese electric vehicle maker BYD on Wednesday, inviting executives to set up shop on the Andean nation's Pacific coast where another Chinese firm is building a massive port
Warren Buffett's Berkshire Hathaway has accelerated its selling of shares in BYD , China's largest seller of electric vehicles.

China's BYD launches third EV model in Japan

10:10pm, Monday, 24'th Jun 2024
China's BYD launched its third electric vehicle in Japan, it said on Tuesday, a sedan that will be its most expensive model on offer so far in a market where consumers have long favoured domestic bran
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