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13.05.26 - 09:30
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Chinese brands eye Europe; Geely joins Chery and BYD in profit slide: 7 EV reads (SCMP)
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We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing.
1. From Beijing to Berlin: Chinese EVs turn heads as brands eye European markets
For German consumer Erik Böhme, a first visit to the Beijing auto show was an eye-opener – the world's largest car exhibition showcased a vast array of electric vehicle (EV) brands, many already gaining......
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06.05.26 - 12:06
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Foxconn, BYD among top exporters as Chinese-listed firms hit overseas revenue milestone (SCMP)
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Companies listed in mainland China have reached a historic milestone in their global operations. Total overseas revenues hit a record, with electronic and automobile giants such as Foxconn Technology Group and BYD among the top performers.
Total overseas revenues of A-share companies approached 12.4 trillion yuan (US$1.8 trillion) last year, accounting for nearly 17 per cent of their total income – both figures representing all-time highs, according to data from state-backed newspaper Securities......
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04.05.26 - 13:01
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Chinese EV sales edge higher in April despite weakening domestic demand (SCMP)
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Chinese electric vehicle (EV) makers – including BYD and Geely Automobile – saw their sales stabilise in April, as exports and new technologies continued to help offset weakening demand at home.
BYD, the world's largest EV manufacturer, sold 321,123 vehicles last month, a drop of more than 15 per cent compared to a year ago, according to its exchange filing on Sunday.
However, compared with March, April's sales figure was nearly 7 per cent higher, while the year-on-year decline was nearly five......
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30.04.26 - 02:30
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Geely joins Chery, BYD in profit slide as reduced incentives decimate China car sales (SCMP)
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Geely Automobile Holdings, Chery Automobile and BYD, the most profitable listed Chinese carmakers last year, all reported double-digit declines in net profit in the first quarter, highlighting a squeeze at home amid reduced purchase incentives.
Hangzhou-based Geely, the country's second-largest carmaker behind BYD, said in a filing on Wednesday that its net profit for the January-March period slid 27 per cent year on year to 4.17 billion yuan (US$610 million).
The profit slump came even as......
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29.04.26 - 14:03
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BYD: Gewinneinbruch (Der Aktionaer)
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BYD hat einen Gewinneinbruch von mehr als 55 Prozent verzeichnet. Grund war die schwache Nachfrage im chinesischen Automarkt. Ein Ergebnis der rückläufigen staatlichen Subventionen für Elektrofahrzeuge nach einem jahrelangen Boom. Hinzu kam der nach wie vor harte Preiskampf im Reich der Mitte....
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29.04.26 - 08:01
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BYD unter Schock: Gewinn bricht um 55 Prozent ein ? jetzt muss das Ausland den E-Auto-Riesen retten (Ariva)
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BYD galt lange als nahezu unaufhaltsam. Doch jetzt zeigt sich: Auch Chinas größter E-Auto-Hersteller kann sich dem brutalen Preiskampf im Heimatmarkt nicht entziehen. Der Gewinn brach im ersten Quartal um mehr als die Hälfte ein. Nun soll das Auslandsgeschäft die Wende bringen. Der chinesische Elektroauto-Riese BYD hat einen herben Dämpfer erlitten. Im ersten Quartal brach der Nettogewinn im Vergleich zum Vorjahr um 55,4 Prozent auf 4,1 Milliarden Yuan ein. Das entspricht rund 600 Millionen US-Dollar. Es ist der stärkste Quartalsrückgang seit 2020 und ein ......
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