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BYD Hires Ex-Baidu Exec to Speed up Driver Assistance Tech Development, Report Says
A former Baidu smart driving tech veteran has joined BYD to head up end-to-end large model algorithm development, according to local media. For details, please visit CnEVPost.
Market Chatter: Berkshire Hathaway Reduces Stake in BYD Below 5%
Berkshire Hathaway (BRK.A) has divested another block of shares in BYD, reducing its stake in the Chinese automaker to 4.94% from 5.06%, Bloomberg reported Monday, citing a Hong Kong exchange filing.
Express News | Berkshire Hathaway Inc's Long Position in BYD Co Reduced to 4.94% From 5.06% - HKEX
Cui Dongshu: In June, 43 GWh of lithium batteries were installed, with phosphate iron lithium batteries accounting for 74%, and the growth of ternary batteries slowing down.
In June, the shipment volume of lithium batteries was 43 GWh, a 30% YoY increase; the shipment volume of lithium iron phosphate batteries was 32 GWh, accounting for 74%, and the growth of ternary batteries slowed down. From January to June, the shipment volume of lithium batteries was 203 G, with a YoY increase of 34%.
Market Chatter: BYD Opens 90 Stores in Japan
BYD (HKG:1211, SHE:002594) opened 90 stores in Japan and sold 1,084 cars in the country during the first half, The Standard reported Monday.The Chinese electric vehicle maker holds 2.7% of the
Hong Kong stock concept tracking|National Conference will propose further promotion of large-scale equipment updates! Helping to launch a new cycle of Zhu Gelan, related industries have larger repair space (with concept stocks).
On July 19, the State Council held an executive meeting, which proposed to study and increase support for large-scale equipment updates and the policy of trading in old products for new ones.