China

EV Sales At Warren Buffett-Backed BYD Tripled In December, Adding To Big Gains By China Makers

EV Sales At Warren Buffett-Backed BYD Tripled In December, Adding To Big Gains By China Makers

Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., speaks during the … [+] virtual Berkshire Hathaway annual shareholders meeting last May. Berkshire owns shares in China EV maker BYD worth about $7.7 billion. Photographer: Daniel Acker/Bloomberg © 2021 Bloomberg Finance LP China electric vehicle leader BYD today added its name to a …

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Foreign Investment Walls Come Down On Auto Fortress China

Foreign Investment Walls Come Down On Auto Fortress China

China has finally brought the walls down on the strict foreign investment limits that defined the … [+] first decades of its automotive industry. Photo: China Photos/Getty Images Getty Images China has chosen the western world’s quietest business period to throw an eastern cat amongst its pigeons, by lifting its foreign-ownership limits on automotive companies …

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New electric BMW 3 Series for China revealed in leaked images

New electric BMW 3 Series for China revealed in leaked images

BMW’s plans for an electric-powered version of the current 3 Series have been laid bare in a registry filing made public by the Chinese Ministry for Information and Industry Technology (MIIT) on Thursday. The latest in a growing number of zero-emission BMW models will be marketed under the name i3 eDrive35L, according to information obtained by …

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