Wang Chuanfu

New Business

BYD founder Wang Chuanfu bets on new tech to win back customers as sales decelerate

BYD, China’s electric vehicle (EV) king, is pinning its hopes on next-generation technology to engineer a turnaround in sales amid…

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New Business

BYD quarterly profit tumbles as weak China sales offset overseas gains

The Shenzhen-based company said its profit tumbled to 7.8 billion yuan (US$1.1 billion) in the three months ended September, compared…

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New Business

Chinese EV maker BYD’s profits fall as price war at home swamps surging overseas sales

China’s electric-vehicle (EV) king BYD reported a 30 per cent drop in profits in the second quarter as surging overseas…

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New Business

Exclusive | As unswerving superpowers meet unsustainable tariffs, Yao Yang breaks down the paradox

Yao Yang is a Chinese economist, professor and former dean of the National School of Development at Peking University. He…

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New Business

BYD stirs EV rivalry in China with on-vehicle DJI drone system to spur sales

BYD, the world’s largest electric vehicle (EV) manufacturer, is offering an on-vehicle drone system to help boost sales, raising the…

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New Business

Beijing’s schmoozing of China’s private sector a strategic move, analysts say

Beijing is repositioning the private sector as the cornerstone of China’s global competitiveness and technological edge in the face of…

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New Business

BYD to add autopilot system in EVs to gain edge amid China’s price war

BYD plans to offer an autopilot system in nearly all its cars, making autonomous driving affordable to all mainland Chinese…

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New Business

Chinese EV makers BYD and Li Auto report higher earnings, narrower margins

“Top players have shown their resilience after getting off to a slow start this year,” said Ding Haifeng, a consultant…

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