12 h. ago BYD founder bets on new tech to win back customers as sales decelerate

BYD, China’s electric vehicle (EV) king, is pinning its hopes on next-generation technology to engineer a turnaround in sales amid fierce competition in the world’s largest automotive market, according to its founder and chairman Wang Chuanfu. Speaking at a shareholders’ meeting in Shenzhen on Friday, the billionaire said the company’s 12,000 engineers – the backbone of the carmaker – would help it regain a technological edge over rivals. “We have heavyweight new technology in the pipeline,” he...

Economics

39 h. ago Mainland China's billionaire count surges as BYD and Mixue bosses power wealth gains

Mainland China's billionaire count surges as BYD and Mixue bosses power wealth gains  Yahoo Finance

Economics

40 h. ago Mainland China’s billionaire count surges as BYD and Mixue bosses power gains

Mainland China’s billionaires have tightened their grip as Asia-Pacific’s wealthiest after their combined fortunes swelled to nearly US$1.8 trillion, with electric-vehicle (EV) maker BYD’s founder Wang Chuanfu and bubble tea chain Mixue’s bosses among the biggest drivers of that growth, according to a UBS report. Backed by a booming tech sector and surging asset prices, the wealth of mainland China’s billionaires jumped 22.2 per cent year on year to US$1.77 trillion in the 12 months to early...

Economics

9 d. ago Pentagon seeks to add Alibaba, Baidu, BYD to China military list, Bloomberg News reports

Pentagon seeks to add Alibaba, Baidu, BYD to China military list, Bloomberg News reports  Reuters

Events

9 d. ago Pentagon suggests adding Alibaba, Baidu, BYD to list for aiding China military, Bloomberg News reports

Pentagon suggests adding Alibaba, Baidu, BYD to list for aiding China military, Bloomberg News reports  Reuters

Events

1 week ago China’s UBTech Robotics eyes US$400 million in Hong Kong share placement

UBTech Robotics, one of China’s top makers of humanoid robots, plans to raise HK$3.11 billion (US$399.6 million) through a share placement in Hong Kong – its sixth and largest such fundraising since last year, riding on growing industrial orders and the sector’s momentum. The Shenzhen-based company aimed to sell 31,468,000 new shares for HK$98.80 each, representing a discount of around 11.4 per cent from the closing price on Monday, according to a filing to the Hong Kong stock exchange on...

Economics

1 week ago Q3 2025 China Update: At BYD, Domestic Problems Dominate (OTCMKTS:BYDDF)

Q3 2025 China Update: At BYD, Domestic Problems Dominate (OTCMKTS:BYDDF)  Seeking Alpha

Politics

2 w. ago China’s BYD Leads EV Boom in Wealthy South American Nation Facing $7 Gas

China’s BYD Leads EV Boom in Wealthy South American Nation Facing $7 Gas  Bloomberg.com

Economics

3 w. ago BYD’s sales surge in Europe, Tesla’s robotaxi debut in China: 7 EV reads

BYD’s sales surge in Europe, Tesla’s robotaxi debut in China: 7 EV reads  South China Morning Post

Economics

3 w. ago China’s BYD aims to sell up to 1.6 million vehicles abroad in 2026, Citi says

China’s BYD aims to sell up to 1.6 million vehicles abroad in 2026, Citi says  Reuters

Politics

3 w. ago Tesla Rival BYD's China Factory Is 6 Times Bigger Than TSLA's Texas Gigafactory

Tesla Rival BYD's China Factory Is 6 Times Bigger Than TSLA's Texas Gigafactory  Benzinga

Politics

4 w. ago China EV maker BYD reports record quarterly profit of $1.42 bln in Q3

China EV maker BYD reports record quarterly profit of $1.42 bln in Q3  Reuters

Economics