BYD and XPeng are showing off new electric vehicles for the European market at the IAA Mobility event in Germany. Tesla is also appearing for the first time in ten years.
The recent choppiness in the electric vehicle (EV) sector may give a fleeting sense of pause, but weakness often paves the path to opportunity. As global leaders push for a greener future, the vision
The Chinese EV leader said new energy vehicle deliveries jumped 86% in August from a year ago.
China's BYD and Tesla are well placed to grow their market share through to 2030. European car manufacturers Volkswagen and Renault are in trouble, according to UBS.
John Zeng, director of China forecasting at GlobalData, says because China's top two electric vehicle manufacturers have already taken half of the country's market share, the rest will have to find a
Rachelle Akuffo and Brad Smith report on shares of Chinese EV maker NIO a tumbling this morning after reporting wider-than-expect second-quarter losses. At the same time, rival EV manufacturer BYD (BY
American depositary receipts (ADRs) of BYD jumped over 4% in early trading on Tuesday after reporting its profit rose as deliveries hit a record, helping the automaker retain its status as China's bes
BYD (OTC:BYDDY) stock rose in Tuesday's early deals, rising over 5%, after the Chinese EV maker reported what were described as “record” sales. Warren Buffet-backed BYD saw in excess of 700,000 ve
Chinese automaker BYD on Monday posted a 204.68% jump in profit in the first half of the year driven by record deliveries.
JBL is selling its Mobility China business to BYD for $2.4 billion. That equates to an estimated 16% of Jabil's entire market cap and an estimated ~15% of Jabil's entire enterprise value. Even if the

Jabil (JBL) Stock Jumps 9% on BYD Deal

01:30pm, Monday, 28'th Aug 2023
Shares of design engineering services Jabil (NYSE: JBL ) — which primarily specializes in electronics-related equipment — jumped sharply on Monday morning. Earlier, Chinese automaker BYD (OTCMKTS:
Shares of U.S.-based manufacturing company Jabil (JBL) jumped over 7% in early trading on Monday after it agreed to sell its mobility business to the electronics arm of EV maker and Apple vendor BYD f
China's BYD Co Ltd , on Monday said first-half profit jumped 204.7% as the new energy vehicle maker broke its delivery record and retained its crown as China's biggest-selling auto brand.
China's BYD Co Ltd , on Monday said first-half profit jumped 204.7% as the new energy vehicle maker broke its delivery record and retained its crown as China's biggest-selling auto brand.
The contract electronics manufacturer says the deal is the largest in its history.
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