BYD Q2 profit jumps 30% as record exports offset weak China sales
BYD posted its first quarterly profit increase in more than a year, with second-quarter net profit rising 29.8% to 8.2 billion yuan ($1.22 billion) as a record surge in exports offset a weak Chinese market.
The rebound ends four straight quarters of pr…
This country went 100% electric vehicles overnight with a drastic approach
Laos did something no other country has tried: it banned the import of new gas and diesel passenger cars outright. As of June 1, nearly every new car cleared for import has to be electric.
It’s the most aggressive EV mandate on the planet right now, an…