The workers who traveled from China to northeast Brazil to build a new factory for electric car maker BYD earned roughly $70 per 10-hour shift, over twice the Chinese hourly minimum wage in many regions.
BYD Company Limited surpassed Tesla, Inc. as top EV maker with vertical integration strategy through Mexico production facilities. Click for more on TSLA and BYDDF.
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...
The automotive industry is on a steady growth path, with the electric vehicle (EV) segment leading the charge.
This week, some auto industry observers felt a creeping sense of déjà vu. Seemingly out of nowhere, a Chinese firm made international headlines by besting Western companies at the tech they supposedly invented.
Tesla’s fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit. The latest results fell short of Wall Street forecasts.
Tesla's fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit. The latest results fell short of Wall Street forecasts.
General Motors (GM) swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street. The carmaker is also taking a proactive approach with the US government on regulations and doling out generous profit-sharing payouts to thousands of workers.
General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street.
American manufacturers like Tesla, Ford, and General Motors have dominated the EV space over the past few years, but there's a strong fear that BYD ’s supposed arrival may alter this. The American EV landscape started as somewhat of a playground for domestic innovation,
Tesla's 'full self-driving' tech is slated for this summer in Austin, Texas. The news helped raise the company's stock.
General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped profit and revenue expectations on Wall Street