are the closest estimation to its sales figures. 0ur north american business correspondent reports. byd calls itself the biggest car brand you have never heard of. but that may be about to change. the chinese automaker sold more battery powered electric vehicles in the last three months of the year than tesla did. that is a first. the american company is facing headwinds. higher borrowing costs in the us led to slowing demand but its lesser known chinese rival is enjoying tail winds, including a massive domestic market, cheap labour, and strong government support. and unlike tesla, byd makes its own batteries. so controlling that part of the supply chain gives byd more flexibility to cut prices, which it did in the last part of the year, sending sales spiking. as my colleague has just reported, tesla s latest number puts byd ahead of the curve. the chinese ev maker reported around 3 million in sales last year but that number comprises both electric cars and hybrid vehicles. e
if they get there in time. this is not just a professional failing, this is a failing of basic humanity towards another individual. memphis braces for fallout over the fatal nonstop beating of a black man by police with video set to be released any day now. what s going on now with george santos? the man just listed as treasurer for santos campaign says he doesn t even work for the congressman. all right. here we go. welcome to our viewers in the united states and around the world. i m christine romans. we begin with a potential game changer in russia s campaign with a big if. president biden announces to send 31 abrams tanks to ukraine after germany said it will deliver 14 leopard 2 tanks from its own supply. the challenge now getting the tanks to the battlefield in time to make a difference. we ve got to make sure we re helping the ukrainians plan and prepare for the fighting we think they re going to be facing in the spring and summer months as the weather gets b
we start with the soaring cost of living because prices here in the uk are now rising at the fastest rate in a0 years. the annual rate of inflation hit 9% in april up from 7% in march, driven bya bigjump in energy bills. britain s finance minister, chancellor of the exchequer, rishi sunak is warning of tougher times ahead as pressure grows on him to take action. our economics editor faisal islam has more. when prices rise this fast it hits everyone, the fracture seen on every street, office and household in the country, including in lancashire. she recently ran her business, after the pandemic she finds money running out as bills get more expensive and even essential things become too expensive. essential things become too “pensive- expensive. gas and electric because i expensive. gas and electric because i got expensive. gas and electric because i got in expensive. gas and electric because i got in arrears - because i got in arrears because i got in arrears beca
Great to have you with us, all indications, figures are economically travelling in the right direction, is it sustainable . It will be sustainable over the coming months. We are still expected to see quite a sharp fall in the Headline Rate of inflation during april when ofgem, energy price regulator, when its price cap comes down. Over the current months we should see more Easing Pressure in terms of inflation. Towards the end of the year whether that persists remains open to some uncertainty. Haw year whether that persists remains open to some uncertainty. Open to some uncertainty. How is this impacting open to some uncertainty. How is this impacting us open to some uncertainty. How is this impacting us in open to some uncertainty. How is this impacting us in the open to some uncertainty. How is this impacting us in the pocket . I open to some uncertainty. How is| this impacting us in the pocket . In this impacting us in the pocket . In terms of how it is impacting us, inflation has e
Suffered multiple setbacks. A fire at its gigafactory in berlin halted production. Higher interest rates, which put up borrowing costs, are also taking a toll and it has an ageing line up of vehicles. But it is the Chinese Market that investors are most worried about. Dan ives from Wedbush Securities blamed rising Ev Competition and a lingering price war for the challenges that the Company Faces in that market. The gloomy outlook, well, its driven teslas stock down roughly 30 since the start of this year. Still one bright spot it looks poised to retake the title of largest ev maker in the world from chinese rival byd, which on monday said it had sold around 300,000 evs during the quarter. Here are some of them might have, tesla and other makers of Electric Vehicles the Senior Minister in the Indian Government in charge of Road Transport has said that the country will have no diesel or petrol vehicles in the future. But the minister didnt give any timeframe for this and vicious target n