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Tesla now has a clear China EV competitor. What’s next for BYD?

by Horatio Thompson
Tesla now has a clear China EV competitor. What’s next for BYD?

If there’s anything about BYD ‘s past that could predict its future, it’s being slow and steady. The nearly 30-year-old company may have beat Tesla in total car production in …

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China’s Xpeng claims its latest EV model could be an industry ‘game changer’

by Horatio Thompson
China’s Xpeng claims its latest EV model could be an industry ‘game changer’

Chinese electric vehicle company Xpeng told CNBC on Friday that its newly launched X9 model could be a “game changer” for the industry. Xpeng launched the X9 large 7-seater EV …

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Investing pro says some sectors in China have ‘astonishing strength’

by Walter Watson
Investing pro says some sectors in China have ‘astonishing strength’

China’s sluggish economy and property troubles turned many investors bearish in 2023 — but one sees a lot of promise in certain parts of the country’s market. “I think the …

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BYD produced more than 3 million cars in 2023, set to beat Tesla

by Walter Watson
BYD produced more than 3 million cars in 2023, set to beat Tesla

BYD launched the BYD Seal in Europe at the IAA auto show in Munich, Germany. The electric sedan has a starting price of 44,900 euros ($48,479). Arjun Kharpal | CNBC …

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Will the S&P end 2023 on a record high?

by Horatio Thompson
Will the S&P end 2023 on a record high?

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 1, 2023. Brendan Mcdermid | Reuters This report is from today’s CNBC …

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Asia markets mostly higher, Aussie stocks open lower

by Walter Watson
Asia markets mostly higher, Aussie stocks open lower

General view of electric screen of Shanghai stock shares and Shenzheng shares are seen in front of high rise modern commercial and financial buildings at Lujiazui in Shanghai, China on …

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China’s Xiaomi unveils first EV in bid to compete with Porsche, Tesla

by Walter Watson
China’s Xiaomi unveils first EV in bid to compete with Porsche, Tesla

Chinese smartphone company Xiaomi revealed on Dec. 28, 2023, its forthcoming electric car, the SU7 sedan. CNBC | Evelyn Cheng BEIJING — Chinese consumer electronics company Xiaomi on Thursday detailed …

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Huawei pushing its tech into EVs with cars, automaker partnerships

by Horatio Thompson
Huawei pushing its tech into EVs with cars, automaker partnerships

SHANGHAI, CHINA – NOVEMBER 12, 2023 – Customers experience Luxeed S7, the first intelligent pure electric vehicle, at Huawei’s flagship store in Shanghai, China, November 12, 2023. (Photo by Costfoto/NurPhoto …

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Global smartphone sales rebound after a 2-year slump: Counterpoint

by Edgar Davis
Global smartphone sales rebound after a 2-year slump: Counterpoint

Apple CEO Tim Cook holds up a new iPhone 15 Pro during an Apple event on September 12, 2023 in Cupertino, California. Justin Sullivan | Getty Images Global smartphone sales …

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Morgan Stanley is bullish on this emerging AI trend, names 6 stocks

by Walter Watson
Morgan Stanley is bullish on this emerging AI trend, names 6 stocks

One part of artificial intelligence will have an increasing role to play, according to Morgan Stanley. The theme, which it called “Edge AI,” involves running AI algorithms directly on a …

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