StreetInsider.com News Articles

BYD considers taking over idled Stellantis plant in Toronto suburbs

Mon, 31 Aug 2026 13:54:45 -0400

Investing.com -- Chinese automaker BYD Co. has inquired about taking over an idle Stellantis NV plant in the Toronto suburbs, according to a local politician.

Patrick Brown, the mayor of Brampton, Ontario, said BYD approached him about six months ago to discuss making buses at the factory. Stellantis had been retooling the plant to manufacture the Jeep Compass, but the company halted that plan last year when the US adopted a policy of tariffs on foreign autos.

Brown said he also received inquiries from Leapmotor International, a joint venture between Zhejiang Leapmotor Technology Co. and Stellantis, as well as from an Italian

BYD considers taking over idled Stellantis plant in Toronto suburbs

Mon, 31 Aug 2026 13:54:45 -0400

Investing.com -- Chinese automaker BYD Co. has inquired about taking over an idle Stellantis NV plant in the Toronto suburbs, according to a local politician.

Brown said he also received inquiries from Leapmotor International, a joint venture between Zhejiang Leapmotor Technology Co. and Stellantis, as well as from an Italian

BYD inquired about taking over Canada Stellantis plant - mayor

Mon, 31 Aug 2026 13:26:44 -0400

BYD inquired about taking over Canada Stellantis plant - mayor

Mon, 31 Aug 2026 13:26:44 -0400

BYD inquired about taking over Canada Stellantis plant - mayor

German minister suggests higher EU tariffs on Chinese cars

Thu, 16 Jul 2026 10:04:10 -0400

Investing.com -- A German state minister called for the European Union to consider higher tariffs on cars manufactured in China as a way to encourage Chinese automakers to form partnerships with European companies like Volkswagen.

Dirk Panter, economy minister in the eastern state of Saxony, told the Bild newspaper on Thursday that the EU needs to consider imposing higher tariffs on Chinese-made cars. Saxony is home to a Volkswagen plant.

The comments come after Volkswagen threatened to close four German factories in the coming years, including the all-electric Zwickau plant in Saxony, if no other solution is found.

Volkswagen CEO Oliver Blume has

German minister suggests higher EU tariffs on Chinese cars

Thu, 16 Jul 2026 10:04:10 -0400

The comments come after Volkswagen threatened to close four German factories in the coming years, including the all-electric Zwickau plant in Saxony, if no other solution is found.

Volkswagen CEO Oliver Blume has

BYD Co Ltd (002594:CH) (BYDDY) PT Lowered to HK$107 at Macquarie

Sun, 05 Jul 2026 10:44:03 -0400

Macquarie analyst Eugene Hsiao lowered the price target on BYD Co Ltd (002594:CH) (OTC: BYDDY) to HK$107.00 (from HK$109.00) while maintaining a Outperform rating.

BYD Co Ltd (002594:CH) (BYDDY) PT Lowered to HK$107 at Macquarie

Sun, 05 Jul 2026 10:44:03 -0400

Macquarie analyst Eugene Hsiao lowered the price target on BYD Co Ltd (002594:CH) (OTC: BYDDY) to HK$107.00 (from HK$109.00) while maintaining a Outperform rating.

BYD Co Ltd (002594:CH) (BYDDY) PT Lowered to HK$107 at Macquarie

Sun, 05 Jul 2026 10:44:03 -0400

Macquarie analyst Eugene Hsiao lowered the price target on BYD Co Ltd (002594:CH) (OTC: BYDDY) to HK$107.00 (from HK$109.00) while maintaining a Outperform rating.

BYD Co Ltd (002594:CH) (BYDDY) PT Lowered to HK$107 at Macquarie

Sun, 05 Jul 2026 10:44:03 -0400

Macquarie analyst Eugene Hsiao lowered the price target on BYD Co Ltd (002594:CH) (OTC: BYDDY) to HK$107.00 (from HK$109.00) while maintaining a Outperform rating.

BYD set to again overtake Tesla as top electric car seller

Wed, 01 Jul 2026 07:38:08 -0400

Investing.com -- BYD Co. is positioned to reclaim its spot as the world's largest seller of fully electric vehicles from Tesla Inc. as the Chinese automaker increases its international shipments.

BYD delivered 557,090 battery-electric vehicles in Q2, according to figures released Wednesday. Tesla is expected to report quarterly sales of approximately 396,500 vehicles next week.

BYD first surpassed Tesla in the fourth quarter of 2024 and maintained its lead through 2025. Tesla regained the top position in the first quarter of 2026, outselling BYD by around 48,000 vehicles as demand in China weakened.

BYD's total sales across all drivetrains and

BYD set to again overtake Tesla as top electric car seller

Wed, 01 Jul 2026 07:38:08 -0400

Investing.com -- BYD Co. is positioned to reclaim its spot as the world's largest seller of fully electric vehicles from Tesla Inc. as the Chinese automaker increases its international shipments.

BYD delivered 557,090 battery-electric vehicles in Q2, according to figures released Wednesday. Tesla is expected to report quarterly sales of approximately 396,500 vehicles next week.

BYD's total sales across all drivetrains and

BYD reports 5.5% sales increase in June on export strength

Wed, 01 Jul 2026 06:21:55 -0400

Investing.com -- Chinese electric vehicle manufacturer BYD reported a 5.5% year-over-year increase in total vehicle sales for June, reaching 403,472 units, according to a stock filing released today. The calculations were based on company filings.

The June results marked the second consecutive month of sales growth for the automaker, following a 0.3% increase in May that had broken an eight-month period of declining sales.

Strong export performance helped offset weaker demand in the domestic Chinese market, the filing indicated.

Competitor Leapmotor reported a 95% year-over-year sales increase for June, selling 93,376 electrified vehicles during the month.

BYD: June total production volume 403,246 units

Wed, 01 Jul 2026 06:11:42 -0400

(Updated - July 1, 2026 6:11 AM EDT)

BYD: June total production volume 403,246 units

June total sales volume 403,472 units.

Chinese carmakers exploring Canada’s EV import quota, Joly says

Mon, 22 Jun 2026 12:56:22 -0400

Investing.com -- Four Chinese automakers are examining ways to use Canada's low-tariff import quota for electric vehicles and are considering domestic manufacturing partnerships, Industry Minister Melanie Joly said Monday.

Joly traveled to China last week and met with officials from BYD Co., Chery Automobile Co., Zhejiang Geely Holding Group Co., and Shanghai Launch Automotive Technical Co.

Her trip followed Prime Minister Mark Carney's January visit to Beijing, where he announced a trade agreement that permits up to 49,000 Chinese-made EVs to enter Canada under a tariff of approximately 6%. The deal eliminated the additional 100% tariff imposed on the vehicles in 2024.

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Chinese carmakers exploring Canada’s EV import quota, Joly says

Mon, 22 Jun 2026 12:56:22 -0400

Joly traveled to China last week and met with officials from BYD Co., Chery Automobile Co., Zhejiang Geely Holding Group Co., and Shanghai Launch Automotive Technical Co.

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Chinese carmakers exploring Canada’s EV import quota, Joly says

Mon, 22 Jun 2026 12:56:22 -0400

Joly traveled to China last week and met with officials from BYD Co., Chery Automobile Co., Zhejiang Geely Holding Group Co., and Shanghai Launch Automotive Technical Co.

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Chinese carmakers exploring Canada’s EV import quota, Joly says

Mon, 22 Jun 2026 12:56:22 -0400

Joly traveled to China last week and met with officials from BYD Co., Chery Automobile Co., Zhejiang Geely Holding Group Co., and Shanghai Launch Automotive Technical Co.

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Trump supports Canada’s Chinese EV import cap arrangement, Carney says