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Tesla's German-Made Model Y With A BYD Battery Show Impressive Charging Speeds
Monday, May 22, 2023 - 5:47pm | 316The latest iteration of the Tesla Inc (NASDAQ: TSLA) Model Y, equipped with BYD batteries and manufactured at Gigafactory Berlin, boasts a significantly enhanced charging rate compared to its predecessor. This substantial improvement, marking a milestone for the automaker, is largely due to...
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Electric Vehicles Hit 35% Market Share In China In September: What Investors Should Know And Who's Winning
Thursday, October 27, 2022 - 1:00pm | 916While the U.S. continues to push forward on electric vehicle adoption, other countries are racing ahead in terms of the percentage of EVs compared to traditional automobiles. China hit a 35% market share for new electric vehicles in the month of September. Following is why it's important...
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Did Warren Buffett-Backed BYD Pass Tesla As The World's Largest EV Maker? Not Quite And Here's Why
Friday, July 8, 2022 - 12:04pm | 579The crown as the world’s top electric vehicle producing company has been held by Tesla Inc (NASDAQ: TSLA) for years. While many are taking on Tesla with the goal of displacing the company as the EV leader, the title hasn’t been lost quite yet. What Happened: Headlines of Tesla losing...
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Oil Giant Shell Partners With Buffett-Backed EV Company, Offers Tesla Subscriptions In Germany
Thursday, March 24, 2022 - 10:30am | 730A large oil company is pushing further into the electric vehicle sector with two recently announced initiatives. Here’s the latest. Shell, BYD Partner: Oil giant Shell PLC (NYSE: SHEL) is partnering with BYD Company (OTC: BYDDY), a Chinese automotive company, on electric vehicle charging...
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Embark Knits BYD Electric Trucks With Its Autonomous Tractors For Cleaner Air
Tuesday, September 14, 2021 - 10:42am | 857Autonomous software developer Embark Trucks is coordinating HP Inc.'s use of BYD Class 8 battery-electric trucks (BETs) to pick up and drop off loads of computer products where Embark's supervised autonomous trucks can take over for freeway transit. The pilot project is an extension of Embark's...
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Ideanomics Shares Rally On Ride-Hailing EV Purchase: What Investors Should Know
Monday, December 28, 2020 - 11:00am | 365Shares of Ideanomics were trading higher Monday after the small-cap company announcing a large purchase of electric vehicles customized for ride-hailing in China. What Happened: Mobile Energy Global, a subsidiary of Ideanomics Inc (NASDAQ: IDEX), announced it is purchasing 2,000 D1 units from...
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Chinese EV Dealership Jiuzi Files For IPO
Friday, August 28, 2020 - 3:01pm | 593Chinese electric vehicle dealer owner Jiuzi plans to raise money via an IPO to help grow its physical presence and create an online sales platform. The Offering: Jiuzi is seeking to raise $31 million by listing its shares under the ticker "JZXN" on the NASDAQ. The company said it will use...
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Truck Maker BYD Rejects Suggestions Of Espionage
Monday, March 9, 2020 - 10:04am | 406Electric vehicle manufacturer BYD responded to assertions made at a Senate hearing last week that the company could combine technology with ties to the Chinese government to spy on Americans. Much of the hearing focused on BYD and railcar manufacturer China Railway Rolling Stock Corp. (CRRC),...
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Today's Pickup: BYD And Toyota Announce Joint BEV Venture
Friday, November 8, 2019 - 1:21pm | 691Chinese electric vehicle maker BYD and Toyota Motor Corp (NYSE: TM) have announced a new joint venture focused on researching and developing battery electric vehicles. Scheduled to launch in China in 2020, the venture will design and develop electric vehicles and platforms. The former are...
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Looking for the Next Big Market, Tesla Opens Shop in China
Tuesday, December 17, 2013 - 5:29pm | 617Tesla (NASDAQ: TSLA) CEO Elon Musk says he has no idea how well his electric car will sell in China; calling the country a “wild card.” However, since the Chinese have an appetite for large luxury cars -- and since the country suffers from high air pollution, an incentive for the government to...
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Two Tech Stories Making Headlines Thursday (AAPL, HPQ)
Thursday, July 25, 2013 - 12:10pm | 471Apple (NASDAQ: AAPL) and Hewlett-Packard (NYSE: HPQ) are front-and-center in tech news Thursday after two Asia-Pacific media outlets report key product offering developments. Apple The days of Apple being able to hide its upcoming products until a media event are gone, despite the company’s...
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How Safe is Buffett's BYD Electric Car?
Tuesday, May 29, 2012 - 8:39am | 295Questions are being asked of the e6 electric car made by the Warren Buffett-financed BYD after an accident involving one of the cars took the lives of three people. The facts are still coming in, but it appears that the incident was caused by a drunk-driver in a Nissan GT-R who was speeding at...
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Buffett's BYD Falls to Two-Month Low
Monday, March 26, 2012 - 8:54am | 443It emerged on Monday that BYD, the Chinese carmaker that is partly owned by Warren Buffett and Berkshire Hathaway (NYSE: BRK.A) has fallen to a two-month low in Hong Kong trading, with the company forecasting 1Q profits my drop up to 95%. According to Bloomberg, BYD dropped up to 11%, the largest...
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Munger: Megalomania, Insanity Caused Financial Collapse
Saturday, July 2, 2011 - 10:23am | 213Charles Munger, vice chairman of Berkshire Hathaway (NYSE: BRK-A), is known for telling it like he sees it. At a Pasadena conference on Friday, he had a few words to say about financial sector collapse of 2008. "The bubble in America was caused by some combination of megalomania, insanity and evil...
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BYD Delivers Largest Electric Bus Fleet In History
Thursday, May 12, 2011 - 4:14pm | 139The largest fleet of electric buses is now being delivered by BYD Auto. Slated for delivery before the 2011 International Universiade Games (which take place in August), BYD will unload more than 300 eBUS-12s, making it the largest all-electric bus fleet in the world. BYD describes the eBUS as...