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Chinese electric car manufacturer BYD reports 33 percent increase in profits


Chinese electric car manufacturer BYD reports 33 percent increase in profits

BEIJING (Reuters) – Chinese electric vehicle maker BYD on Wednesday reported a 32.8% rise in second-quarter net profit, the fastest growth since the end of 2023, despite weakening spending on expensive products in the world’s largest auto market. Net profit reached 9.1 billion yuan ($1.3 billion) in the April-June quarter, while sales rose 25.9 percent […]

Mahindra Thar and Scorpio are among the 19 SUVs seized while entering the restricted area of ​​Ranthambore National Park


Mahindra Thar and Scorpio are among the 19 SUVs seized while entering the restricted area of ​​Ranthambore National Park

Date 18.08.2024 03:21:26 (MENAFN- AsiaNet News) The forest department in Rajasthan’s Sawai Madhopur has seized 19 SUVs, including 14 from Zone 8 of Ranthambore National Park and five from nearby hotels, as part of a major operation to stop private vehicles from illegally entering the park’s tiger reserve, officials […]

BREAKING NEWS: Leapmotor reports rising revenue in first half, but costs remain high – Bamboo Works


BREAKING NEWS: Leapmotor reports rising revenue in first half, but costs remain high – Bamboo Works

The latest: Electric vehicle (EV) manufacturers Zhejiang Leapmotor Technology Co. Ltd. (9863.HK) on Thursday reported In the first half of this year, the company suffered a net loss of 2.21 billion yuan ($308 million), a slight decrease from the same period last year when it lost 2.27 billion yuan. Look up: The company’s revenue increased […]

More than half of the new cars sold in China in July were electric or hybrid vehicles


More than half of the new cars sold in China in July were electric or hybrid vehicles

Good morning, Quartz readers! What you need to know Donald Trump’s presidential campaign team confirmed that it had been hacked. The campaign claims Iran may be to blame – citing a Microsoft report from last week – However, who the hacker is has not been verified from Politico, which received the leaked documents. Microsoft blames […]

More than half of the new cars sold in China in July were electric or hybrid vehicles


More than half of the new cars sold in China in July were electric or hybrid vehicles

Good morning, Quartz readers! What you need to know Donald Trump’s presidential campaign team confirmed that it had been hacked. The campaign claims Iran may be to blame – citing a Microsoft report from last week – However, who the hacker is has not been verified from Politico, which received the leaked documents. Microsoft blames […]

A good EV stock under $50?


A good EV stock under ?

We recently published a list of The 7 Best EV Stocks Under $50. In this article, we take a look at how Lucid Group, Inc. (NASDAQ:LCID) compares to other EV stocks under $50. Sales of electric vehicles are increasing Since 2018, electric vehicle (EV) sales have been increasing rapidly as the world tries to reach […]