The British antitrust watchdog blocked the takeover attempt, in a decision that will be closely watched in Washington and Brussels.
Tag: BYD Co Ltd
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Price War Over Electric Cars Erupts in China
The intense competition among the country’s huge number of start-up carmakers has unsettled what had been a pillar of the economy in the last few years.
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China’s Leading Electric Carmaker Has Arrived in Germany
BYD is a powerhouse in China and sells the most electric vehicles of any company in the world. Now it has a plan to attract buyers in Europe’s largest economy.
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Tesla Bulls Take Heart From Strong Profits
Shares in the electric carmaker continued to rally after the company reported strong profits, even amid growing competition and economic pressures.
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For China’s Auto Market, Electric Isn’t the Future. It’s the Present.
More electric cars will be sold in the country this year than in the rest of the world combined, as its domestic market accelerates ahead of the global competition.