By Simon Alvarez Posted on June 25, 2024 A Hong Kong Stock Exchange filing has revealed that legendary investor Warren Buffet’s Berkshire Hathaway has trimmed its stake in Chinese New Energy Vehicle (NEV) company BYD even further. With the latest reduction, Berkshire Hathaway now holds less than a 6% stake in BYD. As per a …
Continue reading “Warren Buffett’s Berkshire slashes BYD stake to 5.99%”
By Maria Merano Posted on April 4, 2024 BYD plans to launch an electric pickup truck to compete against the likes of the Tesla Cybertruck and the Ford F-150 Lightning. According to the Chinese company’s announcement, it has developed a midsize-to-large pickup truck for the global market. BYD revealed photos of its first electric pickup …
Continue reading “BYD plans to launch Tesla Cybertruck competitor in 2024”
By Zachary Visconti Posted on April 2, 2024 Tesla has once again outpaced Chinese automotive giant BYD in quarterly sales, after China’s largest electric vehicle (EV) maker briefly outsold the U.S. company in Q4. BYD and Tesla both reported their first-quarter delivery numbers on Tuesday (BYD reported estimates), with both automakers feeling the effects of …
Continue reading “Tesla outsold BYD in Q1 to regain world’s largest EV seller title”
