News with the tag "BYD"

Chinese authorities summoned executives from the country’s major electric vehicle (EV) manufacturers, including industry leader BYD Co., to a closed-door meeting in Beijing this week, according to people familiar with the matter, cited by Bloomberg. The intervention reportedly involved three of the ...

China’s electric vehicle market is in danger of destabilization due to the ongoing price wars by leaders of the industry like BYD. Last year, Goldman Sachs warned that the ongoing price war in China’s electric vehicle market would only get worse. This year, following a price reduction from one of th...

Residents of Marion, a suburb of Adelaide in South Australia, have overwhelmingly rejected plans to sell 2,664 m² of contaminated public land to Tesla for a proposed battery manufacturing facility. In a recent council consultation that attracted 948 submissions, 95% urged authorities to abandon the ...

The Baby Doge Coin price today is hovering near 0.00000000187 after pulling back slightly from a strong two-week rally that began at 0.00000000125. This price surge followed a breakout from a descending triangle pattern, with high-volume confirmation that drove the Baby Doge Coin price toward a sign...

BYD reported 9.15 billion yuan in net income for the first quarter of 2025, beating out Tesla for the second time in less than a year. The number came in higher than analysts’ 8.1 billion yuan forecast. Tesla’s Q1 figure? A weak $409 million, posted earlier this week. BYD’s performance gave China’s ...

The founder of Gotbit, Aleksey Andryunin, reached a settlement with US authorities in exchange for forfeiting $23M in crypto assets. The former CEO of the market maker service faced up to 20 years for money laundering charges. Aleksey Andryunin, CEO and founder of the Gotbit market maker reached a s...

Tencent has started testing the integration of DeepSeek AI into Weixin, China’s most popular super app. Weixin users can currently try DeepSeek’s AI-powered search by choosing the “AI Search” option from the app’s search bar. The feature does not exist on WeChat, which is an international variation ...

Dogecoin fell by 46% from its yearly high during a recent pullback. Analyst predicts DOGE will reach $10 between February 11 and May 7, 2025. DOGE surged 33% in less than 24 hours to recover from a recent crash. Despite a 46% drop from its yearly high, the Dogecoin (DOGE) price to $10 remains a real...

Dogecoin price has pulled back this week, remaining in a consolidation phase where it has been for almost a month. Its two-day retreat happened as Bitcoin and other altcoins suffered a harsh reversal. Still, some notable analysts believe that the current DOGE price crash will be brief and that the u...

Kicking off the week, meme coins are stealing the spotlight amid a widespread dip in the crypto economy. Monday’s trading saw tokens like pepecoin network, fartcoin, and baby doge coin pulling ahead as the few standouts in an otherwise lackluster market. Several Meme Tokens Thrive Despite 3.4% Marke...