BYD Company Limited (0HKY.L)
- Investor's Business Daily
Tesla Holds Support Amid EV Woes; High-Margin BYD Flashes Buy Signal
With Tesla sales slumping, Elon Musk is touting Full Self-Driving and robotaxis. High-margin BYD, rolling out new models, is offering an early entry.
- Bloomberg
Chinese EV Giants Hammered by Biden Tariff Are Welcome in Brazil
(Bloomberg) -- Shut out of US markets and under fire in Europe, China’s electric-car makers are zeroing in on the countries where they’re welcome. One of the big ones is Brazil.Most Read from BloombergChina Attempts to End Property Crisis With Broad Rescue PackageUS Inflation Data Was Accidentally Released 30 Minutes EarlyWith a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulencePutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Jamie Dimon Sees ‘Lot of Inflationary Forces in Fro
- Benzinga
What's Going On With EV Maker Nio Stock Thursday?
Nio Inc (NYSE:NIO) stock was trading higher Thursday amid reports that the EV maker is launching its first vehicle under the Onvo brand, marked at a discount versus Tesla Inc (NASDAQ:TSLA). It has reversed the gains since then. Nio’s L60 SUV will be priced around $4,000 less than Tesla’s Model Y. Nio plans to deliver the L60 in September. Nio’s CEO, William Li, mentioned in a CNBC interview that he anticipates Onvo will eventually sell its cars internationally. Also Read: Tesla’s Chinese Rival N
