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NEV Sales Growth Ahead for China: CAAM
The latest industry data have pointed to a continued rapid growth trend in the production and sales of new energy vehicles in China for May.
BYD Company (01211) will distribute a final dividend of 3.098 yuan per share on July 29th.
BYD Company (01211) announced that it will distribute a final dividend of RMB 3.098 per share for the fiscal year ending on December 31, 2023 on July 29, 2024.
China NEV Retail at 180,000 in Jun 1-10, Down 11% From Same Period Last Month
China's NEV penetration at retail was 50 percent in June 1-10, and 40.74 percent year-to-date. The post China NEV retail at 180,000 in Jun 1-10, down 11% from same period last month appeared first on CnEVPost. For more articles, please visit CnEVPost.
EU Tariffs on China EVs: Who Are the Winners and Losers?
The European Union announced it will hike tariffs to as high as 48% on electric Chinese imported vehicles. China has threatened retaliation across agriculture, aviation and cars with large engines. Bloomberg's Danny Lee reports.
NanShui Corporation continued to expand its influence by acquiring Foxconn Industrial Internet for more than 400 million yuan, while BeiShui Corporation bought BYD Company Limited and China National Offshore Oil Corporation.
Northbound capital sold a net amount of 6.306 billion yuan in A-shares, while southbound capital bought a net amount of HKD 3.998 billion in Hong Kong stocks.
BYD Leads Chinese Car Brands Past Ford and Chevy in Global Sales
China’s carmakers outsold their US counterparts for the first time last year, a testament to the shifting power dynamics in the global auto market.