A patriotic call by China's bestselling automaker to band the industry together and "demolish the old legends" of the global market has gone viral, drawing both raves and a rebuke from a rival.
With big oil looking to get into lithium production, investors might wonder if lithium stocks are the best way to play the ongoing demand for the alkali metal. The Energy Mix recently reported comment
Indonesia is finalising a new set of incentives to attract investment from manufacturers of electric vehicles (EVs), a senior minister said on Tuesday, adding the government is still in talks with maj
BYD has surpassed Tesla in the EV market share and is expanding its EV and battery production capacity, with new plants scheduled to be operational in China and an EV factory in Thailand commencing pr
In every economy, the growth of one industry has a positive or negative impact on the other industries they are associated with. Similarly, the growth of the EV industry has led to a massive demand fo
Net first-half profit at BYD, China's EV leader backed by Warren Buffett's Berkshire Hathaway, may have more than tripled from a year ago amid rising sales of EVs and improved market share, the compan
Chinese electric vehicle giant BYD Co LTD , forecast strong growth in its six-month net profit on Friday, buoyed by robust car sales and increased market share.
The competition in the electric vehicle market has been heating up in recent years. Tesla Inc. (TSLA) continues to lead globally in terms of pure EV revenue, while Shenzhen-based BYD Co. Ltd.
For high-growth battery stocks tied to the burgeoning electric vehicle industry, 2025 will be a key milestone. That's when plug-in vehicles will make up 23% of new passenger vehicle sales globally in
Thailand's Siam Motors partnered with Nissan Motors in 1962 with a factory that rolled out four cars a day, leading to a profitable, decades-long relationship with Japanese companies that transformed
BYD now sells approximately 1 in every 5 'plugin' electric cars globally and 2 in every 5 in China. BYD is ranked number 1 globally for 'plugin' electric car sales. BYD & Tesla are way out in front of

EV Company News For The Month Of June 2023

08:51am, Friday, 07'th Jul 2023
Global electric car sales for May 2023 were up 50% YoY to 16% share - China sales were up 54% to 35% share, Europe was up 38% to 23% share, USA was up 68% to 8% share. EV market news - Ford, GM and Ri
Tesla rival BYD is exploring a new method of lithium mining in Chile, Bloomberg reported Tuesday. The Chinese firm aims to use a more direct way to extract lithium from Chilean salt flats.
Chinese automaker BYD on Tuesday said it will invest 3 billion reais ($620.17 million) in a new industrial complex in northeastern Brazil, as it aims to boost local production to offer more competitiv
U.S. automaker Tesla and its chief Chinese rival BYD achieved record deliveries of their China-made vehicles in the second-quarter, China Passenger Car Association (CPCA) data showed, as a fight for m
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