China EV sales are seen rising in the final months of 2022. Covid lockdowns and supply issues have weighed on Nio stock and rivals.
Berkshire has trimmed its stake five times in the past three months, according to Hong Kong filings
Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 3.23 million Hong Kong-listed shares of electric vehicle maker BYD for HK$630.33 million ($80.67 million), a stock exchange
Chinese electric vehicle (EV) makers have set their sights on winning over European drivers and large corporate customers with more affordable cars that come with top safety ratings and lots of high-t
BYD said in a filing on Tuesday that it is shelving the spinoff of BYD Semiconductor and the company's listing on the Shenzhen Stock Exchange until an unspecified date.
The company said it instead plans to accelerate investments in expanding its chip-making capacity, building on a recent investment in a chip factory in eastern China.
Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 5.78 million Hong Kong-listed shares of electric vehicle maker BYD for HK$1.14 billion ($145.38 million), a stock exchange
BYD is growing its revenue rapidly - in the first half of 2022, the company's revenue grew 66% YoY. Recently, the company discontinued its ICE vehicle production to focus completely on New Energy Vehi
BYD's success puts him at No. 11 on China's 100 Richest with $17.7 billion fortune.
Chinese electric vehicle giant BYD said on Tuesday that it would launch a new premium brand in the first quarter of 2023.

Berkshire Hathaway sells BYD stock

02:02pm, Friday, 04'th Nov 2022
Yahoo Finance's Pras Subramanian breaks down news that Berkshire Hathaway has sold 3 million shares in EV maker BYD.
Electric vehicle (EV) stocks have soared to impressive heights this year on mounting demand. As gas prices spiked across the globe in 2022, many consumers responded by switching to more fuel-efficient
Tesla and BYD are the world's two largest EV companies by market value. Based on financial metrics, BYD looks more reasonably priced but so does every car company in the world when compared to Tesla.

3 Little-Known Chinese EV Stocks Gunning for Nio

03:45pm, Wednesday, 02'nd Nov 2022
Nio (NYSE: NIO ) is by far the best-known Chinese EV manufacturer, at least in the U.S. Ask most investors to name a Chinese EV brand, and many would likely struggle to come up with Nio. Beyond that,
Two tweets of mine on Elon Musk and IEA forecasts of EV penetration by 2030 prompt this short note. It is found that IEA's projection (60%) is more plausible than Elon Musk's one (50%) pointing to a f
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