American manufacturers like Tesla, Ford, and General Motors have dominated the EV space over the past few years, but there's a strong fear that BYD ’s supposed arrival may alter this. The American EV landscape started as somewhat of a playground for domestic innovation,
There’s a Shark circling one of the greatest profit pools for American automakers globally, as Chinese automaker BYD Auto expands its reach and product portfolio with a pickup truck.
General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations. Last month the vehicle manufacturing giant warned that the poor performance of its Chinese joint ventures would force it to write down assets and take a restructuring charge totalling more than 5 billion US dollars (£4 billion) in the fourth quarter.